Step-by-Step Guide to Cash Withdrawals on OKX
Withdrawing cash from your OKX account is straightforward. Here's how to access the feature across platforms:
Mobile App Instructions
- Navigate to Portfolio > Withdraw
- Choose Withdraw cash or your local currency option
๐ Learn how to maximize your withdrawals with OKX's low fees
Web Platform Instructions
- Go to Assets > Withdraw
- Select Cash or your local currency option
Supported Currencies & Withdrawal Methods
Available options vary by region. To check:
- Access the cash withdrawal section
- View all supported currencies and local methods
Understanding Processing Fees
OKX maintains transparent fee structures:
- Clearly displayed fee amounts or "No fee" indication
- Three common fee types:
Fee Type | Description | Example |
---|---|---|
Flat | Fixed amount | $3 fee on any amount |
Percentage | % of amount | 2% of $100 = $2 |
Mixed | % + flat | 1.5% + $1 on $200 = $4 |
Fees are deducted from your withdrawal amount (e.g., $10 withdrawal with $2 fee nets $8).
Withdrawal Limits Explained
Limits protect your account and comply with regulations. Factors affecting limits:
- Chosen withdrawal method
- Account verification level
Key limit types:
- Minimum per transaction
- Daily (24-hour rolling window)
- Weekly (7-day rolling period)
- Monthly (30-day rolling period)
- Maximum transaction count
Processing Times
Most methods are instant, but some may take up to 5 business days. Estimated times are shown during method selection.
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FAQ Section
Q: How can I increase my withdrawal limits?
A: Complete higher verification levels and use verified payment methods.
Q: Why was my withdrawal amount less than expected?
A: The difference reflects processing fees deducted from your withdrawal.
Q: Do weekends affect processing times?
A: Bank processing may delay withdrawals initiated on weekends or holidays.
Q: Can I cancel a withdrawal after submission?
A: Requests can't be canceled once processed by our systems.
Q: Where can I view my withdrawal history?
A: Check your transaction records in the Assets section.
Additional Resources
For more information on cash transactions:
- Cash deposit FAQs
- Cash withdrawal FAQs