You can easily withdraw UAE Dirhams (AED) from your OKX account directly to your local UAE bank account. Here's a comprehensive guide to help you through the process.
Withdrawing AED from OKX
Web Browser Instructions
- Log in to your OKX account at okx.com.
- Navigate to Assets and select Withdraw.
- Choose United Arab Emirates Dirham (AED) to initiate the withdrawal.
- Select your preferred withdrawal method, enter the amount, and click Preview Withdrawal.
- Enter your authorization code (SMS or 2FA) and confirm the transaction.
👉 Need help with your first withdrawal?
Mobile App Instructions
- Open the OKX app and go to Withdraw.
- Select Withdraw AED.
- Enter the withdrawal amount and choose Preview Withdrawal.
- Complete the transaction using your authorization code.
Important Notes:
- First-time withdrawals require account verification.
- Only verified bank accounts can be used for withdrawals.
- A fee of 75 AED applies to bank transfer withdrawals.
- Minimum withdrawal amount: 200 AED (including fees).
Processing Time and Fees
| Transaction Amount | Processing Time |
|---|---|
| ≤ 50,000 AED | 1 business day |
| > 50,000 AED | Up to 5 business days |
- Processing hours: 09:15 - 17:45 GMT+4 (Monday to Saturday).
- Delays may occur during system or banking provider downtime.
Receiving Account Verification
To comply with UAE regulations, you may need to verify ownership of the receiving bank account during your first withdrawal. This can be done by linking and confirming the bank account with your OKX profile.
👉 Learn more about account verification
Frequently Asked Questions (FAQ)
1. Why don't I see the "Withdraw AED" option?
This feature is region-specific due to local regulations. Your account may not be eligible if you're outside supported areas.
2. Can I withdraw with an unverified bank account?
No, withdrawals are only permitted after successful bank account verification.
3. How do I check my bank account verification status?
Your bank account is verified once a deposit from it is successfully processed into your OKX account.
4. Where can I view my withdrawal history?
- Web: Assets > Withdrawal > All withdrawals
- App: Portfolio > Transactions > Filter by "Cash Withdrawal"
5. What happens if my withdrawal is delayed?
Delays can occur due to high transaction volumes, banking provider issues, or system maintenance. Contact OKX support for assistance.
6. Are there alternatives to bank transfers for AED withdrawals?
Currently, OKX only supports AED withdrawals via local UAE bank transfers.
Conclusion
Withdrawing AED from OKX is straightforward once your account is verified. Always ensure you meet the minimum withdrawal requirements and account for processing times when planning transactions.
For further assistance, visit OKX's official support page 👉 OKX Support Center