How to Withdraw Cryptocurrencies (Web Guide)

Withdrawing cryptocurrencies refers to transferring digital assets from your OKX account to another exchange or wallet through on-chain withdrawals or internal transfers.

Step-by-Step Withdrawal Process

1. Access the Withdrawal Page

• Log in to your OKX account.
• Click "Assets" > "Withdraw" at the top-right corner.

2. Select Currency and Method

• Choose the cryptocurrency (e.g., BTC).

• Select withdrawal method:

  • On-chain withdrawal: For external wallets/exchanges.
  • Internal transfer: For OKX-registered accounts (faster, fee-free).

3. Enter Withdrawal Details

• Fill in:

  • Address: Recipient wallet/exchange address.
  • Network: Must match the recipient’s supported chain (e.g., BTC-Bitcoin, USDT-ERC20).
  • Amount and Fee (adjust for faster processing).

⚠️ Critical Note:

• Double-check the network compatibility with the recipient’s platform to avoid permanent loss.

4. Complete Security Verification

• Enter email/SMS verification codes.
• Click "Confirm".

5. Internal Transfer (Optional)

• If sending to another OKX user:

  • Enter recipient’s UID, email, phone number, or sub-account.
  • No fees, instant arrival.

6. Memo/Tag Requirement (For Certain Coins)

• Coins like XRP require both an address and a Memo/Tag (e.g., a numeric string).
• Omission may result in failed transactions.

Key Withdrawal Considerations

✅ Security Checks

• Verify the currency and contract address match the recipient’s platform.
• Ensure the network/chain (e.g., ERC20 vs. TRC20 for USDT) is correct.

⚠️ Fees and Limits

• Network fees: Paid to blockchain miners (not OKX). Higher fees = faster processing.
• Minimum withdrawal amounts: Displayed on the withdrawal page; transactions below this limit are blocked.

🔄 Withdrawal Status Updates

1. Pending: Request submitted; processing may delay during high traffic.
2. Manual Review: Requires OKX support verification (phone call possible).
3. Processing: Assets are being transferred—irreversible once initiated.
4. Success: Confirmed via blockchain explorer (viewable under "Withdrawal History").

FAQ: Cryptocurrency Withdrawals

Q1: What if I send coins to the wrong network?

A: Recovery is unlikely. Always confirm the recipient’s supported network before withdrawing.

Q2: Why is my withdrawal taking so long?

A: Network congestion or manual reviews may delay processing. Check status under "Withdrawal History."

Q3: Are internal transfers instant?

A: Yes, and fee-free—ideal for OKX-to-OKX transactions.

Q4: Can I cancel a withdrawal?

A: Only during "Pending" status. Once processed, it cannot be reversed.

👉 Learn more about secure withdrawals

Pro Tips

• Bookmark frequently used addresses to minimize errors.
• For large withdrawals, test with a small amount first.

Disclaimer: This guide is for informational purposes only. Cryptocurrency investments involve risks; ensure compliance with local regulations.

© 2025 OKX. Licensed under OKX terms.

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