Depositing digital assets refers to transferring cryptocurrencies from an external wallet or exchange platform into your OKX account. If you need to move assets from another platform to OKX, follow these steps. This guide uses Bitcoin as an example to demonstrate the deposit process.
Step-by-Step Deposit Guide
Step 1: Generate a Deposit Address
- Open the OKX App (Download OKX App), navigate to the "Assets" page, and click "Deposit."
- Select your cryptocurrency (e.g., BTC) and the correct blockchain network (e.g., Bitcoin).
- Copy the generated deposit address or scan the QR code.
👉 Get started with OKX deposits now
Step 2: Initiate the Transfer
- Log in to your external wallet/exchange and access the "Withdraw" or "Send" section.
- Paste the OKX deposit address as the recipient.
Double-check:
- Coin/Network: Must match the selected asset on OKX (e.g., BTC-Bitcoin).
- Amount: Ensure it meets the minimum deposit requirement (if applicable).
- Confirm the transaction and pay the network fee.
⚠️ Warning: Incorrect network selections may result in permanent asset loss.
Step 3: Track Your Deposit
- Processing time varies by blockchain confirmations (check the deposit page for details).
- Once completed, view the transaction under "Deposit History" or in your OKX asset balance.
Key Considerations
- Coin-Specific Rules: Only send the exact cryptocurrency selected (e.g., don’t send ETH to a BTC address).
- Network Confirmations: Delays may occur during high congestion.
- Minimum Deposits: Some coins require a minimum amount (listed on the deposit page).
- Tags/Memos: Required for certain assets like XRP (found below the deposit address).
FAQ
How long do deposits take on OKX?
Deposits typically require 1–30 minutes, depending on network congestion and confirmations.
What if I sent coins to the wrong network?
Recovery is not guaranteed. Always verify the network (e.g., BTC to Bitcoin, not Ethereum).
Are there deposit fees?
OKX doesn’t charge fees, but blockchain networks (e.g., Bitcoin) may apply transaction costs.
👉 Explore OKX’s trading features post-deposit
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