What Are the Limits, Fees, and Processing Times for Cash Withdrawals?

·

You can easily withdraw cash from your OKX account using our cash withdrawal feature. We offer various local currencies and withdrawal methods depending on your region. Log in to your OKX account to see available options. Here’s how to access the cash withdrawal function after logging into your OKX account via the mobile app or website:

On the Mobile App

Select "Withdraw" on the homepage and then choose "Cash Withdrawal."

On the Web

Click "Assets" and "Withdraw" from the menu before selecting "Cash" on the withdrawal page.

To view supported currencies and methods:

Check supported currencies and cash withdrawal options for your chosen method on the app.

Check supported currencies and cash withdrawal options for your chosen method on the web version.

Processing Fees

Processing fees cover the cost of handling financial transactions. We keep these fees as low as possible.

Fees are always shown before confirming a withdrawal.

Processing fees as displayed on the app’s withdrawal page.

Processing fees as displayed on the web version’s withdrawal page.

Examples of fee structures:

Fixed Fees
A set amount regardless of withdrawal size.
Example: A $3 fixed fee means you pay $3 whether withdrawing $10 or $1,000.

Percentage Fees
Calculated as a percentage of the withdrawal amount.
Example: A 2% fee on a $100 withdrawal = $2; on $500, it’s $10.

Percentage + Fixed Fees
Combines both structures.
Example:
1.5% + $1 fee

The final fee is deducted from the withdrawal amount.
Example: Withdrawing $10 with a $2 fee means $10 is debited from OKX, but only $8 reaches your bank account.

Fees as shown on the Preview page.

What Are Withdrawal Limits?

Withdrawal limits define the minimum and maximum amounts you can withdraw from your OKX account per transaction or within a set period (daily, weekly, or monthly). These limits protect your account and comply with regulations. Limits vary based on:

Each withdrawal method displays its remaining limit. For details, click the information (i) icon.

Withdrawal limits as shown in the method selection on the app.

Withdrawal limits as shown in the method selection on the web.

Types of Limits

Minimum Withdrawal Limit:

Daily Limit:

Weekly Limit:

Monthly Limit:

Maximum Withdrawals:

Processing Time

Processing time is the estimated duration for completing a withdrawal and crediting funds to your bank account. While many cash withdrawals are instant, some may take up to 5 business days.

The processing time is always displayed when selecting a withdrawal method.

Processing time as shown in the method selection on the app.

Processing time as shown in the method selection on the web.

👉 Learn more about deposit and withdrawal FAQs

FAQ Section

1. Why do withdrawal limits vary?
Limits depend on your account verification level and regional regulations. Higher verification tiers often increase limits.

2. Are fees the same for all withdrawal methods?
No, fees differ by method (e.g., bank transfers may have higher fees than e-wallets).

3. Can I cancel a withdrawal after submitting it?
Cancellation depends on the processing stage. Check your transaction status in the withdrawal history.

4. How do I increase my withdrawal limits?
Complete higher-tier identity verification (KYC) to access increased limits.

5. Why is my withdrawal taking longer than usual?
Delays can occur due to bank processing, holidays, or additional security checks.

👉 Explore OKX’s cash withdrawal features

6. Are there instant withdrawal options?
Yes, many e-wallet and crypto-based withdrawals are instant. Bank transfers may take longer.