Purchasing Ethereum Classic (ETC) is straightforward with these three easy steps, whether you're new to cryptocurrencies or an experienced trader.
Step 1: Download the OKX App
- Download the OKX App from the official website or app store.
- Register an account to get started.
Step 2: Fund Your Account
- Deposit funds using your preferred payment method (bank transfer, debit/credit card, or crypto transfer).
Complete identity verification for security by providing:
- A valid ID
- A selfie
- Basic personal details
Step 3: Buy Ethereum Classic (ETC)
- Navigate to Buy/Sell on the homepage.
- Select ETC from the dropdown menu and enter your desired amount.
- Preview your order and click Buy to complete the transaction.
You’ll receive a notification once the purchase is finalized.
FAQs
Q: Is OKX a safe platform to buy ETC?
A: Yes, OKX is a trusted centralized exchange with robust security measures, including identity verification and encryption protocols.
Q: How long does it take to withdraw ETC to a bank account?
A: Bank withdrawals typically take 1–3 business days, while debit card withdrawals are near-instant.
Q: Can I buy ETC without verification?
A: Some exchanges allow unverified trades, but OKX requires KYC for enhanced security and compliance.
Q: Are there taxes on Ethereum Classic transactions?
A: Capital gains tax may apply when selling or trading ETC. Consult local tax guidelines for specifics.
👉 Explore OKX’s secure trading options
Key Considerations When Buying ETC
- Security: Choose platforms with strong safeguards (e.g., OKX).
- Fees: Compare transaction costs across exchanges.
- Liquidity: Opt for exchanges with high trading volumes for faster transactions.
Final Tips
- Double-check token contract addresses to avoid scams.
- Store ETC in a secure wallet after purchase.
Ready to dive into crypto?