Dubai OKX withdrawal arrival time

UAE users of OKX have a 14-day transition period to withdraw their funds following the suspension of trading and deposits on March 28, 2023.

Oct 19, 2024 at 03:00 am

OKX Delisting and Withdrawal Timeline in Dubai

1. Suspending UAE Trades, Deposits, and Withdrawals
On March 28, 2023, OKX announced the suspension of all trading, deposit, and withdrawal services for users in the United Arab Emirates (UAE). This measure was taken in compliance with local regulations and to ensure the safety and integrity of user funds.

2. Transition Period
A 14-day transition period was granted to UAE users to withdraw their funds from the platform. During this time, trading, deposits, and withdrawals remained suspended.

3. Withdrawal Processing
OKX commenced the processing of withdrawal requests by UAE users on April 11, 2023. The exchange stated that it would process withdrawals "as quickly as possible."

4. Withdrawal Timeline
OKX has not provided an estimated timeline for the completion of all UAE withdrawals. However, it has assured users that withdrawals will be processed "in an orderly manner."

5. Customer Support
OKX has dedicated a team of customer support representatives to assist UAE users with any withdrawal-related queries. Users can contact support through email or live chat.

6. Escrow Service
OKX has partnered with an escrow service to manage the withdrawal of funds for UAE users. This measure ensures the safe and secure transfer of funds to users' preferred destination.

7. Ongoing Monitoring
OKX continues to monitor the regulatory landscape in the UAE and will provide updates as needed. Users are advised to check the exchange's website and social media channels for the latest information.