Withdrawing funds from your OKX account is a straightforward process. We offer a variety of local currencies and withdrawal methods tailored to your region. To check which options are available to you, log in to your OKX account. Below, we explain how to initiate a cash withdrawal via the OKX mobile app or website.
How to Withdraw Cash
Via the Mobile App
- Navigate to the Portfolio page and select Withdraw.
Choose Cash Withdrawal or your local currency.
Tip: On the homepage, select "Withdraw" and tap "Cash Withdrawal."
Via the Website
- Go to the Assets page and click Withdraw.
Select Cash or your local currency.
Tip: From the menu, choose "Asset" > "Withdraw" > "Cash" on the withdrawal page.
Supported Currencies and Withdrawal Methods
To view available currencies and methods:
- Access the Cash Withdrawal section in your account.
Here, you’ll see all supported currencies and region-specific withdrawal options.
Note: Check supported currencies and withdrawal methods in the app or on the website.
Understanding Processing Fees
Processing fees cover the costs of facilitating financial transactions. We strive to keep these fees low:
- If a fee applies, its amount is clearly displayed.
- Otherwise, it will state No Fee.
You’ll always see the fee when selecting a withdrawal method.
Types of Fees
- Fixed Fees: A set amount regardless of withdrawal size.
Example: A $3 fee applies whether you withdraw $10 or $1,000. - Percentage Fees: A percentage of the withdrawn amount.
Example: A 2% fee on a $100 withdrawal equals $2. - Percentage + Fixed Fees: A combination of both.
Example: 1.5% + $1 fee on a $200 withdrawal totals $4 ($3 + $1).
The exact fee is shown on the Preview screen before confirmation. Fees are deducted from the withdrawn amount.
Example: Withdrawing $10 with a $2 fee means $8 reaches your bank account.
Withdrawal Limits
Withdrawal limits define the minimum and maximum amounts you can withdraw per transaction or within a set period (day, week, or month). These limits protect your account and ensure compliance. Factors influencing limits include:
- Chosen withdrawal method
- Account verification level
When selecting a method, you’ll see remaining limits. Click the information icon (i) for details.
Types of Limits
- Minimum Withdrawal: The smallest amount allowed per transaction.
- Daily Limit: Max amount withdrawable in 24 hours (resets 24 hours after each transaction).
- Weekly Limit: Max amount over 7 consecutive days (resets 7 days after exhaustion).
- Monthly Limit: Max amount over 30 days (resets 30 days after exhaustion).
- Max Withdrawal Count: Maximum transactions allowed in a period.
Processing Times
Processing time is the estimated duration for funds to reach your bank account. While many methods are instant, some may take up to 5 business days.
The processing time is displayed when selecting a withdrawal method.
FAQ
How do I check my withdrawal limits?
Navigate to the withdrawal section in your OKX account. Limits are shown next to each method.
Are fees refunded if my withdrawal fails?
No. Fees are non-refundable once the transaction is processed.
Why is my withdrawal pending?
Pending status may occur due to security checks or high traffic. Contact support if it exceeds the estimated time.
Can I increase my withdrawal limits?
Yes, by completing higher verification tiers. Check your account settings for eligibility.
Where can I see past withdrawal details?
Go to Transaction History in your account to view past withdrawals.
👉 Learn more about cash deposits and withdrawals
👉 Troubleshoot withdrawal issues
For further assistance, visit OKX Help Center.