OKX Exchange App Guide: How to Sell USDT and Other Cryptocurrencies

Selling digital assets like USDT on a cryptocurrency exchange can seem daunting for beginners. However, with the right guidance, the process becomes simple, secure, and efficient. This comprehensive guide walks you through every step of selling cryptocurrencies on the OKX exchange app, covering key methods such as quick trade, spot trading, and contract trading. Whether you're cashing out profits or rebalancing your portfolio, this article ensures you understand how to sell crypto confidently and safely.

👉 Discover how to securely sell your digital assets today.

Selling Crypto via Quick Buy/Sell (P2P)

When your digital assets appreciate in value, selling them is the next logical step to realize gains. For new users, OKX offers a user-friendly Quick Buy/Sell feature that simplifies the selling process with just a few taps.

To sell USDT using this method:

1. Open the OKX app and go to the homepage.
2. Tap Buy Crypto > Quick Buy/Sell > Sell.
3. Select USDT as the asset.
4. Enter the amount you wish to sell.
5. Confirm the sale by tapping Sell USDT.

After placing your order, wait for the buyer to complete payment. Once the system shows "Payment Received", verify the funds have arrived in your bank account, WeChat Pay, or Alipay. Only after confirming the deposit should you click Confirm Receipt to release the USDT to the buyer.

Key Tips:

• Always confirm actual fund receipt before releasing crypto.
• Delayed release affects your average release time, which impacts your reputation on P2P platforms.
• If no payment arrives within the expected window, use the "File Complaint" option. The platform will freeze the order and initiate support intervention.

For larger transactions (e.g., over 100,000 CNY), consider using the Large-Scale Trading option under advanced filters to connect with high-capacity traders.

Selling via Spot Trading

If you prefer full control over pricing and market dynamics, spot trading allows you to sell directly into the market.

Let’s walk through selling Dogecoin (DOGE) for USDT:

1. Navigate to the Trade section.
2. Tap the trading pair (e.g., BTC/USDT) at the top left.
3. Switch to Spot mode.
4. Search for DOGE/USDT.
5. Under the Sell tab, choose Limit Order.
6. Input your desired price and quantity.
7. Tap Sell DOGE to place the order.

Once filled, the proceeds (in USDT) remain in your trading account. To withdraw funds as fiat currency (CNY), transfer the USDT to your funding account, then proceed to the P2P section to sell for fiat and withdraw via bank transfer, WeChat, or Alipay.

Important Notes:

• Some tokens have minimum trade requirements—orders below this threshold won’t execute.
• Limit orders give price precision; market orders execute instantly but may suffer slippage.

Understanding Market Data: K-Line Charts and Order Books

Making informed selling decisions requires understanding market behavior. The OKX app provides powerful tools for real-time analysis.

K-Line (Candlestick) Chart

Tap the chart icon next to any price display to access:

• Trading pair details
• 24-hour change and volume
• Interactive candlestick chart (adjustable by timeframe)
• Additional tabs: Depth (order book visualization) and Trades (recent transactions)

Use technical indicators like moving averages or RSI to identify optimal exit points.

Order Book & Depth Chart

Located on the right side of the trading interface:

• Red zones: Sell orders (ask side)
• Green zones: Buy orders (bid side)

A deep green zone suggests strong buying pressure—potentially a good time to sell at your target price.

Step-by-Step: Selling USDT for Fiat Currency

Converting USDT into real-world money involves a few clear steps:

1. Transfer Funds: Move USDT from your Spot Wallet to your Funding Account if not already there.
2. Go to P2P Trading: Tap “Fiat & Spot” > “Sell” > Select USDT.
3. Choose a buyer offering your preferred payment method (bank transfer, WeChat, Alipay).
4. Click Sell USDT, enter the amount, and confirm.
5. Wait for payment confirmation. Do not release USDT until funds are verified in your account.
6. After confirmation, click Confirm Receipt to complete the transaction.

👉 Learn how to convert crypto to cash quickly and securely.

USDT Contract Trading Overview

For experienced traders, OKX supports USDT-margined futures contracts, allowing leveraged positions based on price movements.

How It Works:

1. Download and log in to the OKX app.
2. Complete KYC verification and deposit margin funds.
3. Navigate to Derivatives > Search for USDT perpetual contracts (e.g., BTC-USDT).
4. Choose direction: Buy (Long) or Sell (Short).
5. Set leverage, order type (limit/market), price, and size.
6. Submit order and monitor position in real time.

After settlement, profits (or losses) are reflected in your derivatives wallet. You can transfer funds back to your main account or withdraw.

While powerful, contract trading carries high risk due to leverage—only suitable for users who understand volatility and risk management.

FAQ: Common Questions About Selling Crypto on OKX

Q: Can I cancel a P2P sell order?
A: Yes, if the buyer hasn’t paid yet. Once payment is made, you must confirm receipt before releasing crypto.

Q: What happens if I release crypto before receiving payment?
A: This violates platform rules and may result in account restrictions or financial loss.

Q: Is there a fee for selling crypto on OKX?
A: P2P trades are typically fee-free for sellers; spot trading fees depend on your tier and whether you’re a maker or taker.

Q: How long does it take to receive fiat after selling USDT?
A: Most P2P payments arrive within minutes. Always check your linked accounts promptly.

Q: Can I sell other cryptocurrencies besides USDT?
A: Yes—any supported token can be sold via spot or P2P trading, including BTC, ETH, DOGE, and more.

Q: Why was a trading pair like YFII delisted?
A: OKX periodically reviews listed assets for liquidity, compliance, and risk. Low-volume or high-risk tokens may be removed to protect users.

Final Tips for Safe and Successful Sales

• Always double-check wallet addresses and transaction details.
• Enable two-factor authentication (2FA) for enhanced security.
• Stay updated on platform announcements regarding token listings or delistings.
• Use limit orders during volatile markets to avoid unfavorable fills.

Whether you're selling small amounts of USDT or managing large portfolios, OKX provides flexible tools tailored to both beginners and advanced traders.

👉 Start selling your crypto with confidence—secure your transactions now.