Selecting the right deposit network on OKX (formerly OKEx) ensures secure and cost-effective cryptocurrency transactions. This guide covers network selection, step-by-step deposit instructions, and platform insights.
Step-by-Step Guide to Choosing OKX Deposit Networks
Follow these detailed steps to deposit funds into your OKX account:
Register an OKX Account
- Visit the OKX official website.
- Click "Register" and complete email/phone verification.
Complete Identity Verification (KYC)
- Navigate to "Identity Verification" for LV.1 (basic) and LV.2 (advanced) certification.
- Note: LV.3 video verification requires the OKX mobile app.
Initiate Deposit
- Go to "Asset Management" → "Deposit".
- Select your cryptocurrency (e.g., USDT) and choose a compatible network (ERC-20, TRC-20, or OEC).
Confirm Network Consistency
- Ensure the withdrawal network on your sending platform matches OKX’s selected network (e.g., both using TRC-20).
- For tokens like XRP, include both the deposit address and mandatory tag.
👉 Maximize deposit efficiency with OKX’s low-fee networks
Key Considerations for Network Selection
- Speed & Fees: TRC-20 (Tron) offers lower fees; ERC-20 (Ethereum) has broader compatibility.
- Token Compatibility: Verify the network supports your token (e.g., USDT-OEC for OEC Chain).
- Security: Double-check addresses and tags to prevent irreversible losses.
About OKX: Platform Overview
OKX rebranded from OKEx in 2022, expanding its services to 300+ cryptocurrencies and 630+ trading pairs. Features include:
- Multi-Tier Fees: From 0.10% for spot trading, with discounts for high-volume traders.
- Global Accessibility: Available in 180+ countries (excludes U.S. users).
FAQs
Q: Which OKX deposit network is cheapest?
A: TRC-20 generally has the lowest fees for USDT transfers.
Q: Why is my deposit missing?
A: Likely due to mismatched networks (e.g., sending via ERC-20 to a TRC-20 address).
Q: Does OKX require KYC for deposits?
A: Yes, LV.1 verification is mandatory for trading; higher tiers unlock larger limits.
Q: Can I recover funds sent to the wrong network?
A: No—always verify the network and address before transacting.
👉 Explore OKX’s advanced trading tools today