How to Set Up a Passkey on OKX Exchange App

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In today's digital world, securing your cryptocurrency assets is more important than ever. The OKX Exchange App offers a robust security feature called "Passkey," which allows you to use your device's biometrics or an external security key for password-free logins and transaction confirmations. This method not only enhances security but also streamlines your user experience.

Setting up a passkey is straightforward, but it requires completing a few essential steps to ensure your account remains protected. This guide will walk you through the entire process, from initial identity verification to successfully creating and using your passkey.

Step 1: Complete Your Identity Verification

Before you can enable the passkey feature, you must first verify your identity on the platform. This is a critical security measure to prevent unauthorized access.

  1. Open the OKX Exchange App and tap on the [All Features Icon] in the lower right corner of the home screen (usually represented by "≡" or "More").
  2. Select [Profile and Settings] to enter your account management page.
  3. Navigate to [Security Settings] → [Passkey] → and tap the [Enable] button.

At this point, the system will prompt you to complete multi-factor authentication to confirm your identity. This typically includes:

Step 2: Create Your Passkey

Once your identity is verified, you can create a passkey using one of three methods. Choose the option that best fits your needs and device capabilities.

Method 1: Use Your Current Device as a Passkey

This is the most common and convenient method, ideal for your primary everyday device.

  1. Tap [Continue] to proceed.
  2. Follow the on-screen instructions to authorize using your device's biometric features (like fingerprint or face recognition) or by entering your device's lock screen password.
  3. After successful binding, your device will be ready to function as a passkey.

Method 2: Use Another Mobile Device or Tablet

If you want to use passkey across multiple devices, such as a backup phone or tablet, follow these steps:

  1. Tap [Other Options] during the setup process.
  2. Select [iPhone, iPad, or Android Device].
  3. The app will generate a QR code on your screen.
  4. Open the OKX App on your other device and scan this QR code.
  5. Complete the identity verification and binding steps as prompted.

Important notes for this method:

Method 3: Use a Physical USB Security Key (iOS Only)

For users with higher security requirements, using a hardware-based security key provides an added layer of protection.

  1. Tap [Other Options] → [Security Key].
  2. Insert your physical USB security key into a compatible port on your device.
  3. Follow the on-screen instructions to complete the binding and verification process.

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Step 3: Manage and Use Your Passkey

After successfully creating your passkey, you can view its details in the [Passkey] section of your security settings. This includes information like the bound device's name and the creation date.

For future logins or when performing sensitive operations—such as depositing funds, withdrawing assets, or engaging in C2C trades—the system will automatically recognize your passkey. It will provide a quick verification entry point, eliminating the need to repeatedly enter your password. This offers a seamless blend of convenience and security.

Best Practices and Tips

To make the most of your passkey setup and ensure uninterrupted access, consider these recommendations:

By setting up a passkey, you not only enjoy a more efficient, password-free login experience but also significantly enhance the security protecting your digital assets. Activate this feature today to manage your cryptocurrency investments with greater peace of mind and ease.

Frequently Asked Questions

What is a passkey and how does it work?
A passkey is a digital credential that uses your device's biometric sensors (like fingerprint or face ID) or a physical security key to verify your identity. It allows for secure, password-free access to your account by creating a unique cryptographic key pair that is stored on your device.

Is using a passkey more secure than a traditional password?
Yes, passkeys are generally considered more secure. They are resistant to phishing attacks and are not vulnerable to being stolen in data breaches like passwords can be. Since they are tied to your physical device and biometrics, they provide a much stronger layer of security.

Can I use the same passkey on multiple devices?
It depends on the ecosystem. For Apple devices using the same Apple ID, passkeys can sync automatically via iCloud Keychain. For Android, syncing relies on Google Password Manager. A physical security key can be moved between devices but needs to be registered on each one individually through the OKX app.

What happens if I lose the device that has my passkey?
This is why setting up a backup passkey is crucial. If you lose your primary device, you can use your backup device or security key to access your account. If you did not set up a backup and lose your device, you will need to go through account recovery procedures with OKX support, which involves verifying your identity through other means.

Are there any fees associated with using the passkey feature?
No, the passkey feature is a free security service provided by OKX to its users to enhance account safety and usability. There are no additional charges for setting up or using a passkey.

Does the passkey work for all operations within the OKX app?
The passkey is primarily used for logging into your account and authorizing sensitive transactions, such as withdrawals and C2C trades. For some specific, highly sensitive administrative settings, additional verification might still be required as a final security checkpoint.