Depositing cryptocurrency on OKX (OKEx) is a straightforward process that involves transferring funds from an external wallet to your OKX account. Below is a step-by-step guide to help you through the process.
Step-by-Step Deposit Guide
Step 1: Obtain Your Deposit Address
- Log in to your OKX account.
- Navigate to the "Assets" page.
- Select the cryptocurrency you wish to deposit and click "Deposit."
- The system will generate a unique deposit address for the selected cryptocurrency.
Step 2: Initiate Withdrawal from External Wallet
- Open the external wallet or exchange from which you plan to withdraw funds.
Locate the "Withdraw" or "Send" option and enter the following details:
- Cryptocurrency you are withdrawing.
- Deposit address generated by OKX.
- Amount you wish to transfer.
- Network (e.g., BTC Network, ETH Network). Ensure this matches the network selected on OKX.
- Double-check all details and confirm the withdrawal.
Step 3: Monitor the Transaction
After initiating the withdrawal, track the transaction progress via:
- The external wallet’s transaction history.
- The "Deposit History" section in your OKX account.
- Confirmation times vary depending on the cryptocurrency and network congestion.
Key Considerations for Deposits
- Network Matching: Always deposit cryptocurrency to the same network address selected on OKX. Mismatched networks may result in permanent loss of funds.
- Transaction Fees: Withdrawal fees apply and vary by cryptocurrency and network. Check fees before proceeding.
- Test Transaction: For large deposits, conduct a small test transaction first to ensure everything works correctly.
👉 Learn more about OKX deposit options
FAQs About Depositing Cryptocurrency on OKX
Q1: How long does a deposit take to reflect in my OKX account?
- A: Deposit times vary based on blockchain confirmations. Bitcoin transactions typically take 10–30 minutes, while Ethereum transactions may take 5–15 minutes.
Q2: What should I do if my deposit hasn’t arrived?
- A: Verify the transaction ID (TXID) on a blockchain explorer. If the transaction is confirmed but funds aren’t visible, contact OKX support with the TXID.
Q3: Can I deposit any cryptocurrency to any network address?
- A: No. You must use the correct network (e.g., ERC-20 for Ethereum). Sending funds via an incompatible network may result in loss.
Q4: Are there minimum deposit amounts?
- A: Yes. Each cryptocurrency has a minimum deposit requirement. Check OKX’s deposit page for details.
👉 Explore OKX’s supported cryptocurrencies
Final Notes
By following these steps and precautions, you can safely deposit cryptocurrency into your OKX account. Always ensure you’re using the correct address and network to avoid irreversible errors. For further assistance, refer to OKX’s official help center or customer support.