Understanding CFX Withdrawal Options
If you've purchased CFX on OKEx and want to withdraw it to your wallet, you have two primary options:
- Conflux Mainnet Withdrawal: For native CFX transactions within the Conflux ecosystem
- BEP20 Format Withdrawal: For Binance Smart Chain (BSC) compatibility
Binance Smart Chain Compatibility
Yes, you can withdraw CFX to Binance Smart Chain using the BEP20 token format. This requires:
- Selecting the BEP20 withdrawal option on OKEx
- Providing a BSC-compatible wallet address (BEP20 format)
- Paying attention to network fees and confirmation requirements
👉 Learn more about BSC wallet compatibility
Step-by-Step Withdrawal Process
- Log in to your OKEx account
- Navigate to the Assets section
- Locate your CFX holdings
- Select Withdraw
Choose between:
- Conflux Mainnet (native CFX)
- BEP20 (for Binance Smart Chain)
- Enter your wallet address (ensure chain compatibility)
- Confirm the transaction
Important Considerations
- Address Verification: Triple-check that your receiving address matches the chain you've selected
- Transaction Fees: These vary between networks
- Confirmation Time: BSC transactions typically process faster than mainnet
FAQ: CFX Withdrawal to Wallets
Q1: Can I send CFX directly between Conflux Mainnet and Binance Smart Chain?
A: No, these are separate networks. You'll need to use the correct withdrawal format for each chain.
Q2: What happens if I send BEP20 CFX to a Conflux mainnet address?
A: The tokens may be lost permanently. Always verify the receiving address format matches the withdrawal method.
Q3: How long do CFX withdrawals typically take?
A: Processing times vary:
- Conflux Mainnet: ~5-15 minutes
- BSC: ~1-5 minutes
- Exchange processing may add additional time
Q4: Is there a minimum withdrawal amount for CFX?
A: Yes, OKEx enforces minimum withdrawals which periodically change. Check the current requirements before initiating.
Q5: Which wallet types support BEP20 CFX?
A: Most BSC-compatible wallets including MetaMask (with BSC network configured), Trust Wallet, and MathWallet.
👉 Discover recommended wallets for CFX storage
Security Best Practices
When withdrawing CFX:
- Always double-check addresses
- Start with small test transactions
- Use official wallet applications
- Never share your private keys
- Consider hardware wallets for large holdings
Remember that blockchain transactions are irreversible, so caution is essential when moving your assets between networks.