Cryptocurrencies can circulate globally across various platforms and wallets. As a crypto user, you'll often need to transfer funds between different exchanges. This guide will walk you through depositing digital assets into your OKX (formerly OKEx) account.
Understanding Crypto Deposits
"Deposit" refers to transferring digital assets from an external wallet or exchange account to your OKX account.
Key clarification:
- Withdrawal = Transfer out (moving crypto out of OKX)
- This differs from converting crypto to fiat currency (called "cashing out")
👉 Learn about secure crypto transactions best practices
Step-by-Step Deposit Guide
Step 1: Obtain Your Deposit Address
- Open the OKX mobile app
- Navigate to Assets → Deposit
- Select your cryptocurrency and network
- Copy the generated deposit address
Step 2: Initiate Transfer from External Platform
- Access your sending wallet/exchange
Choose matching:
- Cryptocurrency
- Blockchain network
- Paste OKX deposit address as recipient
- Enter transfer amount and confirm
Step 3: Confirm Successful Deposit
- Processing time: 2-10 minutes
Verify via:
- Deposit history page
- Updated asset balance
Critical Deposit Considerations
Network Selection
- USDT transfers often use TRC20 network (low fees, fast)
- Always match networks between sender/receiver
Address Accuracy
- Never manually type addresses
- Always copy-paste to prevent errors
Transaction Monitoring
- Track via blockchain explorers if delayed
- Contact support if unresolved after 30 minutes
Frequently Asked Questions
Why hasn't my deposit arrived?
Possible causes:
- Network congestion
- Mismatched networks
- Insufficient confirmations
Check the transaction hash on a blockchain explorer first.
What's the minimum deposit amount?
Varies by cryptocurrency. Check OKX's official fee schedule for current requirements.
Are deposit fees charged?
OKX doesn't charge deposit fees, but network fees apply. These vary by blockchain.
👉 Explore OKX's full fee structure
Pro Tips for Safe Deposits
- Small test transfer first for new addresses
- Whitelist addresses you frequently use
- Network selection impacts speed/cost
- Memo/Tag requirements differ by asset
Remember: Crypto transactions are irreversible. Always verify details before confirming transfers.
By following these guidelines, you can securely deposit funds into your OKX account and begin trading. The platform supports hundreds of cryptocurrencies across multiple blockchain networks, providing flexibility for diverse investment strategies.