how to transfer money from okx to bank account

By following these steps, OKX users can seamlessly transfer funds from their cryptocurrency wallet to their bank account, ensuring a secure and efficient withdrawal process.

Oct 25, 2024 at 03:31 am

How to Transfer Money from OKX to Bank Account

OKX, a leading cryptocurrency exchange, allows users to seamlessly transfer funds from their OKX wallet to their bank account. Follow these steps to initiate a withdrawal:

1. Log in to OKX: Visit the OKX website or mobile app, and enter your login credentials.
2. Verify your Identity: If you have not already verified your identity, you will need to provide personal information and submit a government-issued ID.
3. Select the Assets Tab: Once logged in, navigate to the "Assets" tab on the homepage.
4. Choose the Withdrawal Option: Under the "Assets" tab, click on the "Withdrawal" button.
5. Select the Target Currency: From the drop-down menu, choose the cryptocurrency you wish to withdraw.
6. Enter the Withdrawal Amount: Specify the amount of cryptocurrency you want to transfer.
7. Select Bank Account: Choose the bank account you want to transfer the funds to. If you have not added a bank account, you can do so by clicking on the "Add" button.
8. Verify the Details: Double-check that all the information is correct, including the bank account number, SWIFT code, and recipient name.
9. Enter Two-Factor Authentication Code: OKX requires two-factor authentication (2FA) for security purposes. Enter the code sent to your registered device or email address.
10. Submit the Withdrawal Request: Once you have entered all the necessary information, click on the "Confirm" button to initiate the withdrawal process.

Processing Time and Fees:

• The processing time for withdrawals varies depending on the cryptocurrency and bank.
• OKX charges a small withdrawal fee, which is clearly displayed before you initiate the withdrawal.

Additional Tips:

• Ensure that you transfer the cryptocurrency to the correct bank account.
• Wait for the withdrawal confirmation before considering the funds transferred.
• Contact OKX customer support if you encounter any issues with the withdrawal process.