You can easily withdraw money from your OKX account using our cash withdrawal feature. We offer a variety of local currencies and cash withdrawal methods based on your region. Log in to your OKX account to see what's available to you. Here’s how to access our cash withdrawal feature once you’ve logged into your OKX account via the mobile app or website:
Using the Mobile App
- Go to Wallet and select Withdraw.
- Choose Cash Withdrawal or the local currency option.
Using the Web Version
- Navigate to Assets and select Withdraw.
- Select Cash or the local currency option.
How Do I View Supported Currencies and Withdrawal Methods?
To check supported currencies and withdrawal methods:
- Go to the Cash Withdrawal section in your account.
- All supported currencies and available cash withdrawal options for your region will be listed.
How Are Processing Fees Displayed?
Processing fees cover the cost of handling financial transactions. We aim to keep these fees low.
- If fees apply, the amount will be clearly displayed.
- Otherwise, you’ll see No Fees mentioned.
Examples of fee structures:
- Flat Fee: A fixed amount regardless of withdrawal size (e.g., $3 per transaction).
- Percentage Fee: A percentage of the withdrawal amount (e.g., 2% of $100 = $2).
- Percentage + Flat Fee: A combination (e.g., 1.5% + $1 fee on $200 = $4 total).
Fees are always shown on the Preview screen before submission and are deducted from the withdrawal amount.
What Are the Withdrawal Limits?
Withdrawal limits define the minimum and maximum amounts you can withdraw per transaction or within a set period (daily, weekly, or monthly). These limits protect your account and comply with regulations. They vary based on:
- Your chosen withdrawal method.
- Your account verification level.
Types of Limits
- Minimum Withdrawal: The smallest amount per transaction.
- Daily Limit: The maximum amount withdrawable in 24 hours (resets continuously).
- Weekly/Monthly Limit: The max amount over 7 or 30 days (resets continuously).
- Max Withdrawal Count: The number of withdrawals allowed within a period.
Processing Time
Processing time is the estimated duration for completing a withdrawal until funds reflect in your bank account. While many methods are instant, some may take up to 5 business days.
FAQs
Q: How do I check my withdrawal limits?
A: Limits are displayed when selecting a withdrawal method. Click the Info (i) icon for details.
Q: Are fees refundable if my withdrawal fails?
A: No, processing fees are non-refundable once the transaction is initiated.
Q: Can I increase my withdrawal limits?
A: Yes, by completing higher verification levels for your OKX account.
Q: Why does processing time vary?
A: It depends on the withdrawal method and banking partner policies.
Q: Where can I see my withdrawal history?
A: Navigate to Transaction History in your account’s Assets section.
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