What does buying cryptocurrency on behalf of others mean? Buying cryptocurrency on behalf of others refers to purchasing digital assets for someone else through P2P trading or other peer-to-peer trading channels.2. What are the risks of buying cryptocurrency on behalf of others? Buying cryptocurrency on behalf of others essentially means handling or transferring funds for someone else.

The fee amount is based on the transaction (a more complex transaction means that more computational resources will be consumed), hence a higher fee will be charged. The withdrawal fee deduction logic may vary slightly depending on your app version:3.1 Latest App version (e.g., Android 6.151 / iOS equivalent and above) If your account balance is sufficient, the fee will be deducted from your balance.

This means you can't use someone else's payment account or a non-verified payment method. This requirement helps ensure transaction security and regulatory compliance.6. What should I do if the buyer selected Paid, but I haven’t received the payment? If you don’t receive the payment in 5 minutes after the counterparty selects Paid, you can submit an appeal. If the buyer doesn’t confirm receipt within 1 hour, you can appeal.

This means fraudulent messages can appear right alongside your real OKX alerts—such as those for login activity or withdrawals—making it difficult to tell the difference at first glance.This manipulation of SMS sender ID is what makes these phishing attempts particularly dangerous and effective.How does phishing SMS work?

Beware of scams: If someone is guiding you to buy this token and you are currently unable to sell it, there may be a risk of fraud. Please stay alert and promptly contact your local law enforcement authorities for assistance in attempting to recover your losses. Tip: DApp projects are developed by third-party platforms and are not official products of this platform.

If you receive a call from someone claiming to be OKX official or falsely claiming to be cooperating with OKX and inviting you to join WeChat groups, Telegram groups, or other third-party chat tools, please verify their identity immediately through official OKX channels (here). Note: Official customer service will only contact users through the in-app voice function. We will not proactively reach out via mobile phone calls, SMS, or any external platforms.

Can someone else contact customer support on my behalf about my account or identity verification? No. For security and privacy reasons, we can only discuss account-related or identity verification information with the actual account owner. If you’re contacting us on behalf of someone else, please ask the account owner to reach out to customer support directly so we can assist them.

Never trust someone who offers you a seed phrase and always be cautious if a stranger shares a seed phrase with you. When using a seed phrase, you need to pay attention to the following points: After creating a wallet in the app, please back up the seed phrase immediately. When backing up a seed phrase, you should use physical media, such as copying on paper. To keep your assets safe, don't screenshot.

If someone makes a higher offer than the current bid, the precious one will get canceled and can't be restored. On top of that, people need to make a deposit when they make offers on CryptoPunks, and they'll get the money back if their offers get canceled. Lastly, when you have the highest offer on CryptoPunk, you can also buy it directly instead, and your previous bid will get canceled automatically.6. Does OKX NFT Marketplace support ERC-1155? Yes, it does.

Source of Wealth (SoW): refers to the origin of an individual's overall financial assets, typically accumulated over time through means such as employment, business ownership, investments, or inheritance. For example, if you have multiple sources of wealth but the largest portion of your personal wealth comes from your salary, you only need to select Employment Income as your source of wealth.

Note: if someone you've never met in person is directing you to move funds on OKX or any other platform, stop immediately and contact OKX Assistant. For example, someone on Instagram gets a message from a stranger. The message says they can earn money by voting on ads for car companies. They begin chatting on Telegram. In the beginning, the person explains that if the user puts in some money, they can get even more money later. This makes the user think investing is a good idea.

When someone sends you USDC, USDG or USDT, you'll get an instant push notification from the OKX app, letting you know the funds are on their way. If the sender shares a payment link via SMS or email, clicking the link will take you directly to our app download page (if you don’t have it yet), allowing you to access your funds. Note: Before you can claim or use the funds, you must complete identity verification.

As mentioned above, this password merely serves as an extra layer of security in case someone gets access to your device. Note: make sure to keep your seed phrase and password safe and never share with others to avoid any losses. Can I test out OKX Wallet as a guest? The best way to explore OKX Wallet is to download it and try it out! However, OKX also offers a guest mode on the home page that you can use on your desktop or mobile browser to explore some of OKX Wallet's features.

User places an order: when someone places an order on a Verification Ad, a pop-up window will list the merchant’s additional verification requirements. Chat and confirm: after placing an order, you'll be redirected to IM chat to receive confirmation from the counterparty. If you change your mind and decide not to proceed with verification, you can still cancel the order — and it won’t affect your completion rate.

If you’ve had an unpleasant experience trading with someone, you can block that particular user. Here are the available block functions: Block functionHow do I block a user or a merchant? On the App: In P2P trading > Orders, select the user you want to block. In the user's or merchant's profile, select more icon > My profile > Settings > Blocked. Select Block if you no longer wish to trade with the user or merchant 3. A pop-up window with reasons for blocking will appear on the screen.