You can securely withdraw Singapore Dollars (SGD) from your OKX account to a local bank account. This service is currently available exclusively to verified Singaporean users.
Step-by-Step Guide to SGD Withdrawals
Via Web Browser
- Log In: Access your account on OKX and navigate to Assets > Withdraw.
- Select Currency: Choose Singapore Dollar (SGD).
Enter Details:
- Pick a verified bank account.
- Input the withdrawal amount (minimum 10 SGD).
- Click Preview Withdrawal.
- Confirm: Enter your SMS or authorization code, then select Withdraw.
👉 Need help verifying your account?
Via Mobile App
- Open OKX App: Go to Assets > Withdraw > Withdraw SGD.
- Account Selection: Only pre-verified bank accounts are eligible (grayed-out accounts require verification).
Submit Request:
- Ensure the amount meets the 10 SGD minimum.
- Review details and tap Withdraw.
- Authentication: Enter your SMS/2FA code to finalize.
Key Requirements
- Account Linking: Withdrawals are only permitted to bank accounts previously used for deposits.
- FAST Transfers: SGD withdrawals via FAST are processed instantly in Singapore.
Restrictions:
- PayLah!/Singtel Dash withdrawals reflect the linked phone number (ensure it’s updated).
- GrabPay, Wise, and LifeSG wallets are not supported.
First-Time Withdrawal? Verify Account Ownership
To comply with Singaporean regulations, first-time withdrawals require proof of account ownership.
How to Verify:
- Deposit SGD into OKX using the target bank account.
- Once processed, the account is automatically verified for withdrawals.
FAQs
1. Why can’t I withdraw SGD?
This feature is region-locked. If unavailable, your account may not meet geographic eligibility.
2. Can I withdraw during verification?
No. Complete account verification (via successful deposit) first.
3. How do I check my withdrawal history?
Navigate to Assets > Withdraw for a full transaction log.
👉 Explore faster SGD withdrawals today!