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what is the withdrawal fee for usdt on okx
OKX charges a 1 USDT withdrawal fee and an additional network fee when withdrawing USDT via the ERC-20 network.
Oct 25, 2024 at 06:01 pm
Withdrawal Fees for USDT on OKX
OKX, one of the leading cryptocurrency exchanges, charges different withdrawal fees for its USDT (Tether) tokens depending on the withdrawal method selected. Here's an overview of the withdrawal fees for USDT on OKX:
1. On-Chain/Blockchain Withdrawal Fees
| Withdrawal Method | OKX Withdrawal Fee |
|---|---|
| USDT (ERC-20) | 1 USDT + Network Fee |
| USDT (TRC-20) | 1 USDT + Network Fee |
2. P2P Withdrawal Fees
| Withdrawal Method | Withdrawal Limit | OKX Withdrawal Fee | Maker/Taker Fee |
|---|---|---|---|
| P2P Bank Transfer (USDT) | Varies by region | 0.02 USDT | 0.1% |
3. Fiat Withdrawal Fees
| Withdrawal Method | Withdrawal Limit | OKX Withdrawal Fee | Maker/Taker Fee |
|---|---|---|---|
| Bank Card (USDT) | Varies by region | 0.02% min 0.5 USDT | 0.1% |
| Faster Pay (USDT) | Varies by region | 0.5% min 0.5 USDT | 0.1% |
Notes:
- The network fee for on-chain withdrawals varies based on the blockchain congestion.
- The withdrawal limit for P2P and fiat withdrawals may vary depending on the selected currency, region, and payment method.
- The maker/taker fees for P2P and fiat withdrawals refer to additional fees charged for placing orders as a maker (adding liquidity to the order book) or a taker (removing liquidity from the order book).
Example:
Let's say you want to withdraw 1,000 USDT from OKX using the ERC-20 network. The withdrawal fee would be:
- 1 USDT (OKX withdrawal fee) + Network Fee (estimated at 5 USDT)
- Total withdrawal fee: 6 USDT
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