Withdrawing funds from your OKX account is simple and secure. OKX supports various local currencies and withdrawal methods tailored to your region. To check available options, log in to your OKX account. Below, we explain how to initiate a withdrawal via the mobile app or website.
Withdrawing Funds via the OKX Mobile App
- Navigate to the Portfolio tab and select Withdraw.
- Choose Cash Withdrawal or your preferred local currency.
👉 Start withdrawing funds now with OKX’s seamless process
Withdrawing Funds via the OKX Website
- Go to the Assets page and click Withdraw.
- Select Cash or a supported local currency.
Supported Currencies and Withdrawal Methods
To view available options:
- Access the Cash Withdrawal section in your account.
- A list of supported currencies and region-specific withdrawal methods will be displayed.
Understanding Processing Fees
Processing fees cover transaction costs. OKX maintains competitive fees, which are clearly stated before confirmation:
- If a fee applies, the amount is displayed.
- Otherwise, No Fee is indicated.
Types of Processing Fees
| Fee Type | Description | Example |
|---|---|---|
| Fixed Fee | A flat fee regardless of withdrawal amount. | $3 fee for any withdrawal (e.g., $10 or $1,000). |
| Percentage Fee | A percentage of the withdrawn amount. | 2% fee: $2 for $100, $10 for $500. |
| Mixed Fee | Percentage + fixed fee. | 1.5% + $1: $4 total for a $200 withdrawal. |
Fees are deducted from the withdrawn amount. For example, withdrawing $10 with a $2 fee credits $8 to your bank account.
Withdrawal Limits
Withdrawal limits define the minimum and maximum amounts you can withdraw per transaction or within a set period (day, week, or month). These limits ensure account security and regulatory compliance. Factors affecting limits include:
- Chosen withdrawal method
- Account verification level
Types of Withdrawal Limits
- Minimum Withdrawal: Smallest allowable amount per transaction.
- Daily Limit: Maximum amount in 24 hours (resets 24 hours after each transaction).
- Weekly Limit: Maximum amount in 7 consecutive days (resets 7 days after exhaustion).
- Monthly Limit: Maximum amount in 30 days (resets 30 days after exhaustion).
- Transaction Cap: Maximum number of withdrawals allowed per period.
👉 Check your withdrawal limits and optimize transactions
Processing Times
Processing time is the estimated duration for funds to reflect in your bank account. While many methods are instant, some may take up to 5 business days. The expected time is displayed when selecting a withdrawal method.
FAQs
1. How do I check my withdrawal limits?
- Limits are shown when selecting a withdrawal method. Tap the information (i) icon for details.
2. Are withdrawal fees refundable?
- No, fees are non-refundable once the transaction is processed.
3. Why is my withdrawal delayed?
- Delays can occur due to bank processing times or high network congestion.
4. Can I increase my withdrawal limits?
- Yes, by completing higher-tier account verification.
5. What currencies does OKX support for withdrawals?
- Supported currencies vary by region. Check the Cash Withdrawal section for your options.
6. How are mixed fees calculated?
- A percentage of the amount plus a fixed fee (e.g., 1.5% + $1 for a $200 withdrawal = $4 total fee).
For further guidance, explore OKX’s help resources on deposits and withdrawals.