Can You Still Withdraw from OKX? A Complete Guide to New OKX Withdrawals (With Withdrawal Addresses)

Introduction

Many users wonder: "Can you still withdraw from OKX (formerly Ouyi)?" The answer is yes. The new OKX platform supports two main types of withdrawals: on-chain withdrawals and internal transfers. This comprehensive guide addresses the top 5 withdrawal questions and provides step-by-step instructions (including withdrawal addresses).

Key Withdrawal Questions Answered

1. Is Withdrawal Still Available on OKX?

✅ Yes, OKX continues to support cryptocurrency withdrawals without restrictions.

2. How Are Withdrawal Fees Calculated?

Withdrawal fees on OKX vary by cryptocurrency and network:

• On-chain withdrawals: Network miner fees apply (paid to blockchain miners, not OKX)
• Internal transfers: Typically free or minimal fees
  Example: USDT-ERC20 withdrawals currently cost ~1-5 USDT depending on network congestion

👉 Check real-time withdrawal fees

3. How to Withdraw from the New OKX Platform?

Withdrawal Address:

Log in to your OKX account to access your unique wallet addresses.

Step-by-Step Process (USDT Example):

A. On-Chain Withdrawal:

1. Open OKX App → Tap [Assets] → [Withdraw]
2. Select [USDT] → Choose [On-Chain Withdrawal]
3. Select network (e.g., USDT-ERC20) → Paste withdrawal address
4. Enter amount → Submit → Verify with 2FA → Confirm

⚠️ Critical Note: Always match the withdrawal network with the recipient platform's deposit network (e.g., both using ERC20).

B. Internal Transfer:

1. Open OKX App → [Assets] → [Withdraw] → [USDT]
2. Choose [Internal Transfer] → Enter recipient OKX account
3. Input amount → Submit → Verify → Confirm

💡 Pro Tip: Some coins (like XRP) require both an address and a numeric tag/memo for successful withdrawals.

4. What If My Withdrawal Doesn't Arrive?

Common causes and solutions:

👉 Track your transaction status

5. How to Recover Crypto Sent to Wrong Chain?

Follow these steps if you withdrew to an incompatible network (e.g., sending ERC20 to TRC20):

1. Import Wallet:

   • Access OKX's MetaX wallet
   • Import private key/seed phrase from the incorrect wallet
   • Select correct network (e.g., OEC for OEC-chain assets)

2. Return Funds:

   • From MetaX, send assets back to your OKX deposit address
   • Ensure sufficient OKT for gas fees
   • Resubmit withdrawal via correct chain

⚠️ Warning: Always triple-check withdrawal addresses and networks before confirming transactions.

Best Practices for Smooth Withdrawals

1. Network Selection: Confirm recipient platform's supported networks
2. Small Test Transaction: Send a minimal amount first
3. Peak Hours Avoidance: Process withdrawals during low-traffic periods
4. Security: Never share private keys or 2FA codes

FAQ Section

Q: How long do OKX withdrawals take?

A: Typically 5-30 minutes for on-chain withdrawals (depending on network congestion). Internal transfers are usually instant.

Q: Why is my withdrawal "pending" for hours?

A: This usually indicates network congestion. Check the blockchain explorer or contact OKX support if pending >24 hours.

Q: Can I cancel a withdrawal?

A: Only if status shows "Pending." Once processed on-chain, cancellations are impossible.

Q: What's the minimum withdrawal amount?

A: Varies by coin (e.g., 0.001 BTC, 20 USDT for ERC20). Check OKX's fee page for details.

Q: Are there withdrawal limits?

A: Yes, based on your verification level. Unverified accounts have lower daily limits.

Q: How to reduce withdrawal fees?

A: Choose networks with lower fees (e.g., TRC20 for USDT) or consolidate withdrawals into larger transactions.

Conclusion

OKX remains a reliable platform for cryptocurrency withdrawals when users follow proper procedures. By understanding network requirements, fee structures, and recovery protocols, you can withdraw assets safely and efficiently. Always double-check addresses and network selections to prevent costly errors.

For real-time updates, visit 👉 OKX's official support center.