OKX aspires to be an innovative cryptocurrency exchange that comes with advanced financial services. It relies on blockchain technology to achieve that aspiration, providing everything one could need for making wise decisions pertaining to trading and investment.
With OKX, you can trade with quite a number of trading pairs and tokens, effectively taking part in one of the top cryptocurrency exchanges in terms of trading volume. Consequently, you will find its services in more than 100 countries with millions of users, including spot, futures, margin, perpetual swaps, options, and more.
Therefore, this article’s primary focus will be on how you can deposit some funds on this platform.
Before Depositing in OKX
Before you deposit on the platform, you will obviously have to get some things in order.
- First, if you haven’t already registered for an account on the exchange, do so.
- Following that, you will be able to trade on the exchange; however, it will be limited if you haven’t completed its KYC process.
Once you do KYC, the full extent of whatever OKX has to offer will be made available to you, and you can then trade free of any hassles, primarily those involving deposit and withdrawal limits.
Deposit Crypto into OKX (Web)
A deposit involves transferring cryptocurrency from accounts or wallets that exist on other platforms to your account within OKX. So, outlined below are the steps required to deposit cryptocurrency on OKX through its website.
Create an Account & Log in
If you want to deposit a few funds, just head over to its official website by clicking the Register button above. It is the one with the rocket emoji. It will take you to the official OKX registration page with our exclusive referral code attached–what’s good about the referral code? Click here to find out.
After creating your account, log in.
Click Deposit
Once you have logged in to your account, click Assets, then Deposit. Here, we will be using the USDT token as an example. So, select the USDT deposit network, and then click Continue, all of which you will find on the home page’s top right side.
Choose Deposit Account
Choose the deposit account, and then copy the USDT deposit address or the QR code that you find.
Open the Withdrawal Page
On the withdrawal page of the platform that you will be initiating the transfer from, choose USDT and paste the address you copied earlier from OKX.
Then, simply add the withdrawal amount and select Withdraw to initiate the transfer and be done with your deposit.
One important thing to note here, however, is that you should pay some attention when choosing the withdrawal networks and maintain consistency between these networks. So if you choose USDT-TRC20 as your deposit network within OKX, you should then also choose exactly the same as the withdrawal network within the platform you are withdrawing from.
Deposit Crypto into OKX (App)
Earlier, we discussed how you can deposit cryptocurrency through its website. So, outlined below are a few simple steps highlighting how you can deposit some cryptocurrency through its mobile application.
Tap Deposit
Open the OKX mobile application on your phone, and from Home, head over to Assets, and then choose the Deposit option.
Select Cryptocurrency
Choose the cryptocurrency you want to deposit as well as the network.
Copy the Deposit Address
After that, an address will be generated automatically, which you can then copy and then paste into the withdrawal page of the different platform you are withdrawing from to make your deposit. Or, you can simply scan the QR code as well.
Check Deposit Record
Once you have successfully deposited some cryptocurrency, if you want, you can head over to the Deposit page to check your own deposit record.
List of Cryptocurrencies Available For Deposit On OKX
The OKX cryptocurrency exchange offers an extensive list of supported cryptocurrencies. In addition to the more popular ones, like BTC, ETH, USDT, XRP, DOGE, BNB, ADA, DOT, and more, you will find some of the other lesser-known tokens that aren’t listed on many exchanges, which may provide that first-mover advantage if you buy them.
To check the complete list of the assets it supports, you can head over to view all coins on OKX market cryptocurrency on OKX page 1 | OKX.
OKX Deposit Minimum Amount & Fees
Minimum deposits can depend on your account verification level or how far you have gone through the KYC process. Once you are completely done with its KYC, your existing limits will be removed, and you can deposit or withdraw up to $1,000,000 daily.
The OKX cryptocurrency exchange does not charge any fees for making deposits, mainly due to the fees that are already incurred by withdrawals.
As for the withdrawals themselves, the fees charged can vary from network to network and are something that you will specifically know when you are withdrawing from this platform or others.
FAQs
What do I need to prepare to deposit cryptocurrency on OKX?
To deposit cryptocurrency on the platform without experiencing any hassles, you need to be aware of three things. First, you have to have an account, which you will need to register for. Second, you will need to fully complete its KYC process since your deposits and withdrawals will be limited if you don’t. And lastly, if you happen to be a beginner, you need to be aware of certain details surrounding deposits, like making sure to select the correct networks, which this guide has already highlighted.
What cryptocurrencies can I deposit into OKX?
Other than the popular cryptocurrencies that you will already find on various other exchanges, OKX supports a rather extensive list of cryptocurrencies, about which you can learn more by clicking the relevant link, which we mentioned earlier.
What is the fee for depositing cryptocurrencies to OKX?
As stated previously, there are no fees for deposits. Withdrawals, on the other hand, do incur some fees.
