How to withdraw money from Dubai OKX

To withdraw funds from Dubai OKX, you must first verify your account through KYC procedures and choose a suitable withdrawal method, such as bank transfer or crypto withdrawals.

Oct 20, 2024 at 10:30 am

How to Withdraw Money from Dubai OKX

Step 1: Verify Your Account
Ensure your OKX account is fully verified with KYC (Know-Your-Customer) procedures. This includes submitting personal information, proof of identity, and proof of address.

Step 2: Choose a Withdrawal Method
OKX supports various withdrawal methods in Dubai, including:

• Bank transfer (SWIFT, SEPA)
• Crypto withdrawals (e.g., Bitcoin, Ethereum)

Step 3: Initiate a Withdrawal
a) Bank Transfer:

* Log in to your OKX account.
* Go to "Funds" > "Withdrawal".
* Select "AED (Dubai)" as the currency.
* Enter the amount you wish to withdraw.
* Provide your bank account details.
* Confirm the withdrawal.

b) Crypto Withdrawals:

* Log in to your OKX account.
* Go to "Funds" > "Withdrawal".
* Select the cryptocurrency you wish to withdraw.
* Enter the amount you wish to withdraw.
* Provide the recipient's wallet address.
* Confirm the withdrawal.

Step 4: Processing Time
Processing times for withdrawals may vary depending on the method used:

• Bank transfers: 1-3 business days
• Crypto withdrawals: Typically within minutes

Step 5: Fees
OKX charges minimal withdrawal fees:

• Bank transfers: AED 40
• Crypto withdrawals: Vary depending on the cryptocurrency and network conditions

Step 6: Troubleshooting
If you encounter any issues with withdrawals, you can contact OKX customer support via:

• Live chat
• Email: support@OKX.com