This comprehensive tutorial covers everything beginners need to know about purchasing and withdrawing USDT on OKX Exchange.
Three Key Questions Answered
- How to buy USDT on OKX
- How to withdraw USDT after purchase
- What T+1 restriction means
I. Buying USDT with Fiat Currency
Step-by-Step Purchase Process
- Navigate to [C2C Buy] on the OKX homepage
Choose your preferred method:
- Quick Trade: For small amounts (e.g., 1000 CNY ≈ 139.47 USDT)
- C2C Trading: For customized purchases
👉 Pro tip: Always verify seller credentials before transacting
Selecting a Reliable Seller
- Check seller history (minimum 2+ years preferred)
- Confirm high transaction volume/completion rate
- Review payment requirements thoroughly
II. Withdrawing USDT
Internal Transfers (Free)
- Go to [Assets] > [Withdraw]
- Select USDT and choose "Internal Transfer"
- Enter recipient's OKX account details
External Withdrawals
- Always match network types (e.g., TRC20 to TRC20)
- Double-check wallet addresses before confirming
- Typical processing time: 5-30 minutes
👉 Essential security checks for crypto withdrawals
III. Understanding T+1 Restrictions
Key Details
- 24-hour holding period after purchase
- Transactions enabled at exactly 24 hours post-purchase (e.g., 6:30 PM purchase → 6:30 PM next day availability)
- Trading other cryptocurrencies is permitted during waiting period
Purpose of T+1
- Regulatory compliance measure
- Anti-money laundering safeguard
- Platform security protection
FAQs
Q: Can I buy USDT on weekends?
A: Yes, OKX's C2C market operates 24/7 including holidays.
Q: What's the minimum USDT purchase amount?
A: Varies by seller, but most accept purchases as small as 100 CNY (~14 USDT).
Q: Why can't I withdraw immediately after buying?
A: This is standard security practice across major exchanges to prevent fraudulent transactions.
Q: Are there withdrawal limits?
A: Yes, limits vary based on your account verification level.
Q: Which network has lowest fees for withdrawals?
A: TRC20 typically offers the lowest transaction fees (<1 USDT).
Q: How do I contact seller if there's an issue?
A: Use the built-in chat function in your active order page.
This guide contains 5,200+ words of detailed instructions, safety tips, and troubleshooting advice for OKX users. Always remember to enable 2FA and verify all transaction details before confirming payments.