Withdrawing funds from OKX (formerly OKEx) primarily involves two methods: on-chain withdrawals and internal transfers. This guide focuses on withdrawing USDT (Tether) to external wallets or platforms like Alipay, with detailed instructions for each process.
Step 1: On-Chain Withdrawal (USDT to External Wallet)
- Log in to your OKX account and navigate to "Asset Management" > "Withdraw".
- Select USDT as the cryptocurrency.
- Choose "On-Chain Withdrawal" and specify the network (e.g., USDT-TRC20 for TRON blockchain).
- Enter the destination wallet address (ensure it supports the selected network).
- Input the amount and complete security verification (e.g., 2FA/SMS codes).
- Confirm the transaction.
⚠️ Critical Note:
- Matching networks is essential. Ensure the recipient platform (e.g., another exchange or Alipay-linked wallet) uses the same network (e.g., TRC20) to avoid permanent loss of funds.
- For tokens like XRP, include the mandatory destination tag (a numeric code). Omitting this may result in lost assets.
Step 2: Internal Transfer (OKX to Another OKX Account)
- Go to "Asset Management" > "Withdraw" and select USDT.
- Choose "Internal Transfer" and enter the recipient’s OKX account email/UID.
- Specify the amount and complete authentication.
- Confirm the transfer.
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How to Convert USDT to Alipay Balance
To withdraw USDT to Alipay:
- Sell USDT for CNY (Chinese Yuan) on a P2P platform like OKX’s peer-to-peer marketplace.
- Transfer the CNY proceeds to your linked bank account.
- Deposit from your bank account to Alipay.
FAQ Section
Q1: Which USDT network is cheapest for withdrawals?
A: TRC20 (TRON) typically has the lowest fees (~$1), compared to ERC20 (Ethereum, ~$10–$30).
Q2: Why is my OKX withdrawal pending?
A: Withdrawals may undergo security reviews. Check email/SMS for verification requests or contact OKX support.
Q3: Can I withdraw USDT directly to Alipay?
A: No. Alipay doesn’t support crypto deposits. Convert USDT to CNY via P2P trading first.
Q4: How long do OKX withdrawals take?
A: On-chain: 5–30 minutes (network dependent). Internal transfers: Instant.
Q5: Is OKX safe for withdrawals?
A: Yes, OKX uses multi-layer encryption and cold storage for assets. Enable 2FA for added security.
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Key Takeaways
- Always double-check addresses and networks before confirming withdrawals.
- Use TRC20 for USDT to minimize fees where possible.
- For Alipay, convert USDT to CNY via P2P platforms first.
By following these steps, you can securely withdraw USDT from OKX to external wallets or Alipay-linked bank accounts.