How to use the address to transfer money on Dubai OKX

Transferring cryptocurrencies is simple on Dubai OKX: copy the recipient's address, log in, select withdrawal, choose the coin, enter the address and amount, and confirm the withdrawal with a verification code.

Oct 20, 2024 at 10:00 am

How to Use a Crypto Address to Transfer Money on Dubai OKX

1. Copy the Recipient's Address:

• Navigate to your recipient's OKX account and select "Deposit."
• Under the "Address" tab, copy the cryptocurrency address displayed.

2. Log In to Dubai OKX:

• Open the Dubai OKX app or website and log in to your account.
• Ensure you are logged into the platform's Dubai-based version.

3. Select "Withdrawal":

• On the homepage, click on the "Withdrawal" button.

4. Choose Cryptocurrency:

• Select the cryptocurrency you wish to transfer.

5. Enter Recipient's Address:

• Paste the copied recipient's address into the "Address" field.

6. Enter Amount:

• Specify the amount of cryptocurrency you want to send.

7. Select Network (Optional):

• Some cryptocurrencies may allow you to choose a specific network. If applicable, select the required network.

8. Review and Confirm:

• Carefully review the transfer details, including the amount, recipient's address, and network.
• Once satisfied, click "Submit" or "Withdraw."

9. Generate Verification Code:

• Your mobile phone will receive a verification code.
• Enter the code to confirm the withdrawal.

10. Monitor Transaction:

• The transfer process will commence. You can track the status on the "Withdrawal History" page in your OKX account.

Additional Tips:

• Ensure you have sufficient funds in your OKX account to cover the withdrawal fee and the transfer amount.
• Double-check the recipient's address before confirming the transfer. Incorrect addresses can result in permanent loss of funds.
• Be aware of any network fees that may apply to the transaction.
• Consider using a hardware wallet for increased security when storing your cryptocurrencies.