In cryptocurrency exchanges, depositing and withdrawing coins is one of the frequently performed operations by users, especially when trading on the OKX platform. Understanding the process and precautions for depositing and withdrawing coins becomes very important. This article will detail how to perform cryptocurrency deposit and withdrawal operations on the OKX platform, ensuring that you do not encounter unnecessary issues during the process, such as lost coins. From on-chain withdrawals to internal transfers, you will receive clear process guidance and relevant tips to help you complete deposit and withdrawal transactions safely, efficiently, and conveniently. Additionally, special reminders will cover network consistency, verification code issues, and security measures for funds, safeguarding your digital assets.
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- On-chain Withdrawal
When performing on-chain withdrawals on the OKX platform, users need to follow these steps:
First, open the App homepage, click on [Assets] -- [Withdraw] -- [Withdraw Cryptocurrency] -- search for the coin [USDT].
Next, select your withdrawal destination, where you can choose [Address Book], other exchanges, or wallets, ensuring that the withdrawal network selected matches that of the recipient, for example, both should be Tron (TRC20). Then, scan the code or paste the [Withdrawal Address], select from the address book, enter your [Withdrawal Amount], and click [Submit].
Finally, enter the relevant password and verification code as required. After completing the operation, please note that users can check the minimum withdrawal amount before entering the withdrawal amount, which is very important.
Friendly reminder: When selecting the withdrawal network, please ensure that the recharge network of other exchanges or wallets is consistent with the OKX withdrawal network to avoid losing coins due to network mismatches. Additionally, if you have completed the binding of your phone number, email, and identity verification application, you will need to perform identity verification and email verification during the withdrawal verification, and cannot verify via SMS. If you encounter issues receiving the verification code, please be sure to check relevant guidance articles in advance for assistance.
- Internal Transfer
The internal transfer process is relatively simple. When performing internal transfers on OKX, please follow these steps:
First, open the App homepage, click on [Assets] -- [Withdraw] -- [Withdraw Cryptocurrency] -- search for the coin [USDT].
Then, select the destination as [OKX Receiving Account]. Choose the recipient via [Phone Number], email, sub-account, or UID, enter or paste the other party's [Phone Number], email, sub-account, or UID, and enter the amount to be transferred, then click [Submit] to complete the operation.
Finally, enter the relevant password and verification code as required to complete the transfer.
During internal transfers, the withdrawal page displays information such as [Minimum Amount], [24-Hour Withdrawal Limit], and [Fees]. Please ensure that these parameters meet your actual needs. Additionally, it is recommended to enable the address whitelist mode, which can effectively protect your funds. In this mode, users can only withdraw coins to addresses in the address book and cannot manually input new addresses for withdrawal.
Moreover, it is worth noting that certain coins require a tag to be filled in during withdrawal, which is usually a string of numbers. For example, when withdrawing XRP, after filling in the withdrawal address, you must also fill in the corresponding tag to avoid losing coins.
In summary, whether for on-chain withdrawals or internal transfers, users must carefully read the relevant prompts when performing deposit and withdrawal operations on the OKX platform, ensure network consistency, properly save account information, and ensure fund security. By following the above operational procedures, you will be able to successfully complete the deposit and withdrawal process and enjoy the convenience and efficiency of digital asset trading.