How to Send and Receive Assets on OKX: A Step-by-Step Guide

Sending Assets

1. Sending to Friends (Internal Transfer)

1. Open the OKX Lite app and tap the conversion button.
2. Select Send → Send to Friend.

3. Choose the digital asset, then enter:

   • Amount
   • Recipient’s name/phone/email
   • Email verification code
   • SMS verification code
4. Confirm the transaction.

👉 Learn more about OKX internal transfers

Note: If the recipient doesn’t have an OKX account, funds will return to your wallet within 24 hours.

2. Sending via Address (On-Chain Transfer)

1. In OKX Lite, tap the conversion button and select Send → Use Address.

2. Select the asset and input:

   • Amount
   • Recipient’s wallet address
   • Network (critical for compatibility)
3. Verify via email/SMS and complete the transfer.

Key Tip: Always double-check the address and network to avoid irreversible errors.

Receiving Assets

1. In OKX Lite, tap the conversion button and choose Receive.
2. Select the asset and network (e.g., USDT-TRC20).
3. Copy the generated address.
4. Paste this address into the withdrawal section of another platform/wallet and confirm.

👉 Secure your assets with OKX wallet

Critical Notes:

• XRP and similar assets: Require both an address and a tag/memo (usually numeric). Omitting this may result in lost funds.
• Network matching: Ensure the withdrawal network (e.g., TRC20) matches OKX’s receiving network. Mismatches cause permanent loss.

FAQ

Q1: What if I send crypto to the wrong address?

A: On-chain transfers are irreversible. Always verify addresses before sending.

Q2: Why is the network selection important?

A: Different networks (e.g., ERC20 vs. TRC20) are incompatible. Sending USDT via the wrong network loses funds.

Q3: How long do internal transfers take?

A: Instant if the recipient has an OKX account; otherwise, refunds occur within 24 hours.

Q4: Can I recover assets sent without a memo?

A: Contact OKX support immediately, but recovery isn’t guaranteed.

Q5: Are there fees for receiving assets?

A: OKX charges no receiving fees, but the sending platform/wallet may deduct fees.

Pro Tip: Bookmark OKX’s official support page for real-time updates on asset transfers.