How to Handle Incorrect Payments When Buying Crypto on OKX?

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When trading in the buy/sell section of OKX, you may encounter situations where incorrect payment amounts are sent (overpayment or underpayment). Here's a step-by-step guide to resolve these issues:

1. Overpayment Scenarios

A. Uncompleted Orders

Situation:
You've clicked "I已完成转账" (Transfer Completed) but the seller hasn't released the crypto yet.

Solution:

  1. Contact the seller via OKX's IM system to request a partial refund.
  2. If unresolved, click 【向客服申诉】 (Appeal to Customer Service) at the bottom of the order page.

    • Provide payment proof (screenshots of transaction records).
    • OKX support will intervene promptly.

B. Completed Orders

Situation:
The seller has already released the crypto despite overpayment.

Solution:

  1. Immediately file an appeal via 【申诉】 (Appeal) button.
  2. Alternatively:

    • Use the 【问题反馈】 (Feedback) option in OKX's chatbot.
    • Select "Fiat Trading Issues" and upload evidence.

2. Underpayment Scenarios

Steps to Follow:

  1. Contact the seller via IM to request permission for additional payment.
  2. If agreed:

    • Send the remaining amount to the seller's registered account.
    • Wait for crypto release.
  3. If refused:

    • Request a full refund → Cancel order → Place a new order.
    • If unresponsive, file an appeal after 5 minutes.

3. Wrong Recipient Cases

Case 1: Incorrect Payment Method

Case 2: Paid to Third-Party Account


Pro Tips for Smooth Resolution

Document Everything: Always keep screenshots of payment records.
Act Fast: Appeals have higher success rates when filed promptly.
Communication: OKX's virtual seller phone numbers expire in 3 minutes – refresh the page if needed.


FAQ Section

Q1: How long does OKX take to resolve payment disputes?

A: Typically 24–48 hours with proper evidence submission.

Q2: What if the seller disappears after receiving my overpayment?

A: OKX's team will freeze the seller's assets during investigation. 👉 Learn about OKX's dispute policies

Q3: Can I cancel an order after accidental underpayment?

A: Yes, but only before the seller releases crypto. Always communicate first!

Q4: Is my money safe if I paid to the wrong account?

A: Third-party payments are risky – OKX can only assist with platform-registered sellers.


Key Takeaways:
✔️ Use OKX's built-in IM system for direct seller communication.
✔️ Overpayment recoveries are easier before order completion.
✔️ Underpayment solutions depend on seller cooperation.

👉 Explore OKX's secure trading features to minimize payment errors.

Disclaimer: This content is for informational purposes only. Crypto trading carries risks – always double-check payment details.