Withdrawing cryptocurrency from your OKX account is a straightforward process, whether you're transferring funds to an external wallet or another OKX user. This guide covers both on-chain withdrawals and internal transfers, ensuring you can move your assets securely and efficiently.
Two Methods for Crypto Withdrawal on OKX
- On-Chain Withdrawal: Transfer crypto via a blockchain network to an external wallet or exchange.
- Internal Transfer: Send crypto instantly to other OKX users with zero fees.
Step-by-Step Withdrawal Process
1. Accessing the Withdrawal Page
- Open the OKX app and navigate to Portfolio > Withdraw.
👉 Get started with OKX withdrawals
On-Chain Withdrawal
Step 1: Select Crypto and Destination
- Choose Withdraw crypto and pick the cryptocurrency you wish to withdraw.
- Under Select destination, opt for Exchanges or wallets.
- Select the Network (e.g., ERC-20, BEP-20) matching the recipient’s wallet.
Tip: Double-check the network—sending funds via the wrong chain may result in permanent loss.
Step 2: Enter Withdrawal Details
Address: Paste the recipient’s wallet address.
- Enable Allowlist Mode for added security (only pre-approved addresses can receive funds).
- Amount: Ensure it meets the minimum withdrawal requirement and adheres to your account’s limits.
- Network Fee: Automatically calculated based on blockchain congestion.
Step 3: Confirm and Submit
- Complete 2FA verification (e.g., Google Authenticator).
- Click Confirm to submit the transaction.
Critical Note: For cryptos like XRP, include the destination tag (a numeric code) alongside the address. Omitting this may lead to irreversible loss.
Internal Transfer (OKX-to-OKX)
Step 1: Initiate Transfer
- Select Withdraw crypto and choose your desired cryptocurrency.
- Under Select destination, pick OKX recipients.
Step 2: Provide Recipient Information
Enter the recipient’s Phone number, Email, Sub-account, or UID.
- The recipient must be a verified OKX user.
- Specify the amount (subject to account limits).
Step 3: Verify and Complete
- Authenticate via 2FA and click Confirm.
Cancellation Policy: Requests can be canceled within 1 minute without fees.
FAQs
1. How long do on-chain withdrawals take?
Processing times vary by network congestion—typically 5–30 minutes. Delays may occur during peak activity.
2. Can I withdraw without 2FA?
No. OKX mandates two-factor authentication for security.
3. What’s the minimum withdrawal amount?
This depends on the cryptocurrency. Check the app for specific thresholds.
4. Are internal transfers reversible?
Only if canceled within 60 seconds. Post-submission, transactions are irreversible.
5. Why is my withdrawal pending?
Common causes include:
- Network congestion.
- Incomplete verification (e.g., address not whitelisted).
👉 Troubleshoot withdrawal issues
Key Takeaways
- Always verify addresses and network compatibility before submitting withdrawals.
- Use Allowlist Mode to prevent unauthorized transfers.
- Internal transfers are fee-free and ideal for quick OKX-to-OKX transactions.
By following these steps, you can securely manage your crypto assets on OKX. For further assistance, consult OKX’s help center.