According to blockchain data, OKEX exchange holds assets worth $35,350,600 with a 24-hour trading volume of $7.188 billion. Despite occasional market rumors, OKEX remains a top-ten global exchange favored by investors. For those trading cryptocurrencies on OKEX, understanding withdrawal methods is crucial. This guide provides a detailed walkthrough for withdrawing funds to a bank card.
Step-by-Step: Withdrawing from OKEX to a Bank Card
Before withdrawing, ensure you have digital assets in your OKEX account. If not, follow these steps to purchase cryptocurrencies via fiat trading (platform’s "deposit" channel):
Fiat Trading Basics
- Buying Crypto: Select buyers/sellers in the fiat trading section. Payments can be made via linked bank cards, Alipay, or WeChat.
- Order Types: Use limit orders to set custom buy/sell prices or instant orders for quick transactions.
- Verified Merchants: These high-quality vendors undergo strict platform reviews, requiring 5,000 OKB as collateral.
Withdrawal Process
Register/Login:
- Visit the OKX official website.
- Click "Register" and enter your email address.
- Complete the slider captcha and input the 10-minute email verification code.
Mobile Verification:
- Enter your phone number and verify via SMS code (valid for 10 minutes).
Account Setup:
- Select your country/region.
- Agree to terms, risk disclosures, and privacy policies.
- Create a strong password (8–32 characters with uppercase, lowercase, numbers, and symbols).
Identity Verification:
- Navigate to [Personal Center] → [Identity Verification].
Complete:
- LV.1 (Basic): Personal details.
- LV.2 (Advanced): ID document upload.
- LV.3 (Video): Face recognition (requires OKX mobile app).
Sell Crypto for Fiat:
- Go to [Buy Crypto] → [C2C Trading].
- Select "Sell," choose "USDT," set fiat to "CNY," and pick "Bank Card" as the payment method.
- Match with a reputable merchant and confirm the sale.
How to Trade on OKEX Exchange?
Registration & Verification
Follow Steps 1–7 above to create and verify your account.
Trading Instructions
Navigate to Trading:
- Click [Trade] → [Basic Trading].
Select Trading Pair:
- Choose BTC/USDT or other desired pairs to view real-time charts.
Execute Trade:
- For buys: Enter amount and click "Buy."
- For sells: Enter quantity and click "Sell."
- Note: Minimum BTC trade is 0.00001 BTC.
Key Takeaways
- Security First: Higher verification tiers unlock better trading rates and merchant access.
- Low Fees: OKEX offers competitive fees, but excessively low charges may signal risks.
- Mobile Convenience: Use the OKX app for LV.3 verification and seamless trading.
👉 Start trading securely on OKX today
FAQs
Q1: How long do withdrawals take?
A: Bank withdrawals typically process within 1–3 business days after blockchain confirmation.
Q2: Are there withdrawal limits?
A: Yes, limits vary by verification level. Check [Account Limits] in your dashboard.
Q3: Why is my withdrawal pending?
A: Pending status may indicate security reviews. Contact support if delayed beyond 24 hours.
Q4: Can I cancel a withdrawal?
A: Only if unprocessed. Navigate to [Wallet] → [Transaction History] to check status.
Q5: Is OKEX safe for large withdrawals?
A: Yes, OKEX employs multi-signature wallets and cold storage for asset security.