OKX offers two primary methods for withdrawing funds:
- Blockchain Withdrawal: Transfer crypto assets via blockchain networks to external wallets or exchanges.
- Internal Transfer: Instant, fee-free transfers between OKX users.
Getting Started
To begin withdrawing funds:
- Log in to your OKX account.
- Navigate to Assets and select Withdraw.
Blockchain Withdrawal Guide
Step 1: Select Crypto and Withdrawal Method
Choose the cryptocurrency and select "Blockchain" as your withdrawal method.
Step 2: Enter Withdrawal Details
Complete these critical fields:
- Recipient Address
👉 Enable whitelist protection for enhanced security - Withdrawal Network
Important: The system auto-matches networks with addresses. Always verify the selected network matches the deposit network used by your external wallet/exchange. - Withdrawal Amount
Must exceed the minimum amount but stay within your verification tier limits. - Network Fee
Varies by blockchain and network congestion.
Step 3: Complete 2FA Verification
After entering details:
- Complete two-factor authentication
- Click Confirm to submit your withdrawal
Pro Tip: Some cryptocurrencies (e.g., XRP) require destination tags—numeric strings needed alongside wallet addresses. Missing tags may result in lost transactions.
Step 4: Confirmation
A "Withdrawal request submitted" pop-up appears upon successful submission.
Internal Transfers (Fee-Free)
Step 1: Select Transfer Method
Choose your cryptocurrency and select "Internal Transfer."
Step 2: Enter Transfer Details
Provide:
- Recipient Information: Phone/email/sub-account/UID
Note: Recipients must be verified OKX users. - Transfer Amount
Must meet minimum requirements without exceeding account limits.
Step 3: Confirm Transfer
- Complete 2FA verification
- Click Confirm to execute
👉 Cancel transfers within 1 minute to avoid fees.
FAQs
1. What's the difference between blockchain and internal withdrawals?
Blockchain withdrawals process via external networks (with fees), while internal transfers are instant and free between OKX accounts.
2. Why is my withdrawal amount limited?
Limits depend on your account verification tier. Higher tiers require more documentation but offer greater withdrawal capacity.
3. How long do blockchain withdrawals take?
Processing times vary by network congestion—typically 10-30 minutes for most cryptocurrencies.
4. What happens if I enter the wrong wallet address?
Always double-check addresses. OKX cannot recover funds sent to incorrect addresses due to blockchain's irreversible nature.
5. Are there withdrawal fees?
Blockchain withdrawals incur network fees; internal transfers are completely free.
6. Can I withdraw fiat currency from OKX?
This guide covers crypto withdrawals only. Fiat withdrawal processes differ by region and require linked bank accounts.
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