Depositing cryptocurrency into your OKX (formerly OKEx) account is a straightforward process that enables you to transfer funds from external wallets or exchanges. Follow this step-by-step guide to ensure secure and efficient transactions.
Step-by-Step Deposit Process on OKX
Step 1: Generate a Deposit Address
- Log in to your OKX account.
- Navigate to "Assets" > "Deposit".
- Select the cryptocurrency you wish to deposit.
- The platform will generate a unique deposit address for your selected coin.
⚠️ Critical Reminder: Always double-check the network type (e.g., BTC, ETH, TRC-20, ERC-20) matches both your external wallet and OKX address.
Step 2: Withdraw from an External Wallet
- Open your external wallet/exchange (e.g., Coinbase, Trust Wallet).
- Locate the "Withdraw" or "Send" option.
Enter the following details:
- Destination Address: Paste the OKX-generated deposit address.
- Amount: Specify the quantity to transfer.
- Network: Confirm the correct blockchain network (e.g., ETH for Ethereum).
- Review all details and authorize the transaction.
👉 Learn how to avoid common withdrawal mistakes
Step 3: Track Your Transaction
Monitor progress via:
- External Wallet: Check the transaction hash (TXID) in your wallet’s history.
- OKX: Navigate to "Assets" > "Deposit History" for real-time status.
- Confirmation times vary by network congestion and cryptocurrency.
Key Considerations for Deposits
✅ Network Matching: Sending tokens via the wrong network (e.g., ERC-20 to a BEP-20 address) may result in permanent loss.
✅ Test Transactions: For large deposits, conduct a small test transfer first.
✅ Fees: Withdrawal fees apply and differ per network (e.g., Bitcoin’s miner fees vs. Ethereum’s gas fees).
FAQ Section
1. How long do OKX deposits take?
Deposit speed depends on:
- Network confirmations: Bitcoin (1+ blocks) vs. Ethereum (12+ blocks).
- Exchange processing times: Typically 5–60 minutes.
2. What if I sent crypto to the wrong network?
Contact OKX Support immediately with the TXID. Recovery isn’t guaranteed, but early reporting helps.
3. Are OKX deposit fees charged?
No, but the originating wallet/exchange may impose withdrawal fees.
4. Why isn’t my deposit showing in OKX?
- Verify the transaction is confirmed on the blockchain.
- Ensure you selected the correct wallet address and network.
👉 Troubleshoot delayed deposits here
Final Tips
- Bookmark OKX’s official deposit guide for quick reference.
- Enable 2FA for added security during transactions.
- Stay updated on network upgrades (e.g., Ethereum’s Shanghai upgrade) affecting deposit times.
By following this guide, you can confidently manage cryptocurrency deposits on OKX while minimizing risks. For further assistance, visit OKX’s Help Center.
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