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The most important thing when depositing to or withdrawing from OKX is to ensure that the asset, network, address, and tag or memo match exactly between the sender and recipient. According to OKX’s official guidance, identity verification is required for deposits and withdrawals, and you should check the supported networks, minimum amount, and fees displayed on screen immediately before sending.
Users in Korea can check OKX in Upbit’s list of account-holder verification integrations and Bithumb’s list of exchanges available for deposits and withdrawals. However, exchange lists, supported assets, and Travel Rule procedures may change, so start with a small test transfer and use the latest screens of both exchanges as the final reference.
Last verified: August 19, 2026
This article is a practical guide that brings together, in one document, the procedures needed when users in Korea and global users transfer virtual assets to OKX or withdraw from OKX to an external exchange or personal wallet. It explains network selection, address and tag verification, KYC, minimum deposit and withdrawal amounts, fees, the Travel Rule, causes of delays, and what to do if assets are sent incorrectly based on official sources.
Unlike a bank transfer, a virtual asset transfer is difficult to cancel once completed, and recovery may be impossible if you select an incorrect address or unsupported network. This article provides general information for educational purposes and does not recommend using any particular asset or network.
The button above is an affiliate link. CoinPop may receive compensation if an eligible user signs up or trades through it. Terms may vary by region, account, and campaign, so check what is actually displayed on the sign-up page.
Key conditions for OKX deposits and withdrawals at a glance
| Item to check | What to check before sending | Potential problems if incorrect |
|---|---|---|
| Asset | Confirm that the tickers and contracts of the asset being sent and the asset being received are the same | Deposit of an unsupported asset, balance not credited, or inability to recover the funds |
| Network | Select the same network supported simultaneously by both platforms | The deposit may fail or manual recovery may be required |
| Address | Paste the address newly copied from the recipient and recheck the beginning and ending characters | Difficult to reverse if sent to a third-party address |
| Tag/Memo | If Tag, Memo, or Comment is displayed on the recipient screen, enter it together with the address | The exchange may fail to identify the recipient, preventing automatic crediting |
| KYC/Account holder | Confirm identity verification and account-holder information, such as the name and date of birth, for both accounts | Failure of the Travel Rule or account-holder verification |
| Minimum amount | Check the recipient’s minimum deposit amount and the sender’s minimum withdrawal amount | Amounts below the minimum deposit may not be credited to the balance |
| Fees/Amount received | Check the network fee and estimated amount to arrive on the final confirmation screen | Receiving less than expected or falling below the minimum deposit amount |
| Travel Rule | Check the originating exchange’s supported-provider list, amount thresholds, and recipient information | Withdrawal rejected, deposit pending, or request for additional information |
| Test transfer | First send a small amount exceeding the minimum and confirm that it arrives | Risk of repeatedly making address or network errors with a large amount |
1. What to prepare before depositing or withdrawing
OKX’s official deposit and withdrawal guidance assumes that the account has completed identity verification. Even if you can copy a deposit address, functionality may be restricted if the account is limited or frozen, so first check your KYC status and security alerts. Products and features available may also vary according to local regulations.
- Complete KYC for both accounts. Confirm that the account-holder names on the Korean exchange and OKX are the same.
- Determine the asset to transfer. Some tokens have different contracts or networks even if their names appear similar, so do not judge based on the ticker alone.
- Find a network supported by both sides simultaneously. Do not use a network displayed on only one side.
- Compare the minimum deposit and withdrawal amounts and fees. Confirm that the displayed amount to be received is at least the recipient’s minimum deposit amount.
- Check whether the Travel Rule applies. If using a Korean exchange, first review the originating exchange’s latest supported-provider and deposit-destination verification procedures, regardless of the amount.
- Maintain two-factor authentication and your withdrawal address book. Verify that you are using the official app or domain rather than a phishing site, and do not type the address manually.
To check sign-up, fee discounts, and account-specific terms first, refer to the OKX Comprehensive Guide, and for calculating actual trading fees and finding your account rate, refer to the OKX Fee Guide 2026.
2. How to deposit to OKX from another exchange or wallet
When depositing to OKX, OKX is the recipient. Therefore, first confirm the exact deposit address and supported network on OKX, then enter that information on the withdrawal screen of the sending exchange or wallet.
- Log in to the official OKX app or website and go to Assets → Deposit → Deposit crypto.
- Select the asset to deposit. If there are similarly named tokens, check the ticker and contract information.
- Select, from the deposit networks displayed by OKX, a network also supported by the sending platform.
- Copy the deposit address. If Tag, Memo, or Comment is also displayed, copy that separately as well.
- On the withdrawal screen of the sending exchange or wallet, select the same asset and the same network.
- Paste the OKX deposit address and any required tag or memo, then compare the first and last several characters again.
- On the final confirmation screen, check the withdrawal fee, estimated amount actually received, and whether the minimum deposit amount is met.
- If using the address for the first time, send a small amount exceeding the minimum requirement first. After confirming that the balance is credited on OKX, send the remaining amount.
OKX states that unsupported assets or networks do not appear on the deposit screen. Do not reuse an old address found through a search or an earlier screenshot; use information newly confirmed in your account at the time of transfer. The deposit may not be credited immediately until the required number of blockchain confirmations is reached.
Is it okay if the deposit address differs from before?
OKX explains that an address may appear different because of system upgrades or the use of multiple deposit addresses. Do not assume that a past address will remain valid; follow the instructions on the current deposit page. If the address has changed, it is safer to make a small test transfer to the new address.
3. How to withdraw from OKX to another exchange or wallet
When withdrawing from OKX, the external exchange or personal wallet is the recipient. First confirm the deposit address and network at the recipient, then enter them on the OKX withdrawal screen. Internal transfers to another OKX user and on-chain withdrawals using the blockchain have different procedures and costs, so select the destination accurately.
- At the receiving exchange or wallet, select the asset to deposit and the supported network.
- Copy the deposit address and any required tag or memo.
- On OKX, go to Assets → Withdraw → Withdraw crypto.
- Select the asset and choose On-chain withdrawal to send it to an external platform or wallet.
- Paste the recipient address and select the same network as the recipient.
- If the recipient provides a tag or memo, enter it accurately in the relevant field. Do not invent a number.
- Enter the amount, then check the fee, minimum withdrawal amount, and estimated amount to arrive.
- If recipient exchange or recipient information is required, enter it based on the actual destination and your KYC information.
- Complete the security procedures required for the account, such as email or authenticator-app verification.
- After submitting, check the withdrawal status and TxID, and wait until blockchain confirmations are complete at the recipient.
If OKX’s withdrawal status is Completed, it means the asset has left OKX. If it has not yet been credited by the receiving exchange, check the TxID in a block explorer and review the recipient’s required number of confirmations and deposit-processing status. Conversely, if there is no TxID and OKX shows Pending or Under review, it may still be in the platform-processing stage before the blockchain transfer.
4. Network selection: ‘Supported by both sides’ comes before choosing the cheapest chain
Assets such as USDT that can be transferred across multiple networks may appear to offer many options, but simply choosing the cheapest network is not enough. The withdrawal network at the sending side and the deposit network at the receiving side must be exactly the same, and deposits and withdrawals for that asset must both be operating normally on both sides.
| Decision sequence | Question | Practical Criteria |
|---|---|---|
| 1. Support | Is the same network displayed on both screens? | If it is not available on one side, do not select it. |
| 2. Operational Status | Have deposits or withdrawals been temporarily suspended? | If there is a maintenance or upgrade notice, proceed after services resume. |
| 3. Address Format | Does the address format and contract match the selected chain? | Do not assume compatibility merely because the address formats look similar. |
| 4. Tag·Memo | Is an additional identifier required? | If it is displayed on the receiving screen, always enter it together with the address. |
| 5. Total Cost | Is the amount received after deducting fees at least the minimum deposit amount? | Calculate using the figures on the final confirmation screen. |
| 6. Speed | How many confirmations are required, and how congested is the network currently? | Rather than relying on a promise of “confirmation within a few minutes,” judge based on the actual status and TxID. |
For example, even the same USDT may be displayed across multiple networks, such as Ethereum and Tron. If the network selected on OKX differs from the network on the other platform, the transfer may fail, so you must verify that the network names match exactly. You cannot conclude that a particular network is always the cheapest or fastest.
5. Why are Tag·Memo·Comment necessary?
Some centralized exchanges use shared deposit addresses for multiple users and distinguish individual accounts using tags or memos. OKX’s official documentation explains that additional identifiers may be used for certain assets, including XRP, XLM, and ATOM. However, requirements may differ by asset and network, so do not judge based solely on examples; check the actual deposit screen.
- If both the address and tag are shown on the receiving screen: Enter both on the sending screen as well.
- If no tag is shown on the receiving screen: Do not enter an arbitrary number; check the receiving platform’s instructions.
- If the tag field is not shown when using the address book: Check whether the tag was registered together with the saved address.
- If you omitted the tag: Prepare the TxID, asset, amount, network, and deposit address, and contact the receiving platform.
Even if the address is correct, omitting the tag may allow the blockchain transfer itself to succeed while preventing it from being automatically credited to the exchange balance. Whether recovery is possible and what it costs depend on the receiving platform’s policy, and recovery is not guaranteed.
6. OKX Deposit and Withdrawal Fees and Calculating the Actual Amount Received
Even if the platform does not charge a separate deposit fee for crypto deposits, the sending exchange or wallet may charge withdrawal or network fees. OKX withdrawal fees may also vary by asset and network, so it is more accurate to check the withdrawal confirmation screen than to state fixed figures in the article.
Basic formula: If the withdrawal confirmation screen shows that the fee is deducted from the withdrawal amount, the expected amount received is “withdrawal amount − displayed network fee.” If the platform adds the fee separately, follow the final withdrawal amount and arrival amount shown on the screen.
Hypothetical example: If you withdraw 1,000 units and the confirmation screen shows a fee of 1 unit and an expected arrival amount of 999 units, the recipient’s minimum deposit amount must be less than 999 units. These figures are only an example to explain the calculation method and are not actual OKX rates.
Trading fees, funding fees, and withdrawal network fees are separate costs. Spot and futures Maker/Taker calculations can be checked separately in the OKX detailed fee document.
7. How to Send from Upbit to OKX and the Travel Rule
As of the verification conducted on August 19, 2026, Upbit Customer Center’s “Additional List of Virtual Asset Service Providers Eligible for Deposits and Withdrawals” lists OKX as a virtual asset service provider integrated for account-holder verification. This means that deposits and withdrawals between Upbit and OKX can be processed when the supported asset, network, and account-holder information meet the requirements; it does not mean that every asset and every network is always supported.
- Select the asset and deposit network to receive on OKX, then copy the address and tag.
- Open the withdrawal screen for the same asset on Upbit and verify that it is the same network supported by both Upbit and OKX.
- Paste the withdrawal address and any required tag or memo.
- For the deposit destination type, select Exchange Wallet and the actual destination, OKX.
- Enter recipient information so that it matches your identity-verified information on OKX. Verify details such as the order of the English name based on the KYC screen for each account.
- Complete the Travel Rule, cross-border transfer of personal information, and two-channel authentication procedures specified by Upbit.
- At first, send a small amount exceeding the minimum deposit amount and confirm that it is credited to OKX.
Upbit states that withdrawals with a KRW-converted value of KRW 1 million or more are restricted to Travel Rule solutions or providers integrated for account-holder verification. Even amounts below KRW 1 million may be subject to additional conditions, such as confirming the deposit destination, registering the withdrawal address, and restrictions on unreported providers. Therefore, do not interpret this as meaning that “small amounts can be sent to any address.”
When Depositing from OKX to Upbit
First select the asset and network on Upbit’s deposit screen and copy the address and tag, then enter them on OKX’s withdrawal screen. If asked to specify the receiving exchange, select Upbit as the actual destination and verify that the account holders’ names match on both sides. If Upbit displays a deposit-pending or additional-information request, follow the official procedure based on the TxID and information about the originating exchange.
8. What to Check When Depositing to or Withdrawing from Bithumb and OKX
Bithumb Customer Center’s “List of Cryptocurrency Exchanges Available for Deposits and Withdrawals” includes OKX among overseas exchanges available for deposits and withdrawals through a Travel Rule solution, according to the table dated January 12, 2026. On the actual transfer date, recheck the list’s latest update date, supported assets and networks, and the method for entering recipient information.
- Verify that your name registered with Bithumb matches the name registered with OKX.
- Truthfully enter the information required on the screen, including whether the account is personal or corporate, the receiving exchange, and the recipient’s full name.
- Immediately before sending, verify OKX’s support status in Bithumb’s address book or exchange-selection screen.
- Do not select an asset undergoing deposit or withdrawal maintenance or a network supported by only one side.
- Verify that the actual amount received after deducting fees is at least the other exchange’s minimum deposit amount.
Bithumb states that the range of permitted withdrawals may vary depending on the Travel Rule, whitelist, and risk assessment status. Prioritize Bithumb Customer Center’s current list and the actual withdrawal screen over old blog screenshots or community responses.
9. Travel Rule and Recipient Information Checklist for Global Users
Travel Rule and recipient-information requirements vary by country, exchange, amount, and account type. Some exchanges may require the recipient platform’s name, wallet type, recipient’s full name, and country of residence when making a withdrawal. OKX advises that if the other platform requires the account name, you should check the verified name under Profile → Verification on OKX.
- Before sending, check the originating platform’s list of “supported VASPs” or “supported exchanges.”
- For transfers between your own accounts, check whether identifying information such as the KYC name and date of birth matches on both sides.
- When sending to a third party, first verify whether it is permitted and whether additional supporting documents are required.
- When sending to a personal wallet, check whether proof of address ownership or a signing procedure is required.
- If the regulations or list are unclear, do not send a large amount first; contact the official customer centers of both platforms.
10. Status-Based Diagnosis When Deposits or Withdrawals Are Delayed
| Displayed Status | Possible Meaning | Next Check |
|---|---|---|
| Withdrawal Requested·Under Review, No TxID | Security screening, account review, or waiting for platform processing | OKX withdrawal details, security alerts, and official system status |
| Withdrawal Completed, TxID Available | Sent to the blockchain | Explorer confirmation count and the receiving exchange’s required confirmation count |
| Blockchain Successful, Balance Not Credited | Missing tag, amount below the minimum deposit, or review by the receiving platform | Submit the TxID, asset, amount, and network to the receiving exchange |
| Deposits and Withdrawals Temporarily Suspended | Wallet maintenance, mainnet upgrade, or risk controls | Official notices and resumption alerts; do not switch arbitrarily to another chain |
| Account-Holder Verification Failed | KYC name or date-of-birth mismatch, or failure to meet support requirements | Recheck the verification information and recipient details entered on both sides |
| Address Format Error | The selected network and address do not match | Copy the network and address again from the receiving screen |
11. Responses by Situation When You Sent Incorrectly
If the Address Was Entered Incorrectly
Once an on-chain withdrawal has been completed and recorded on the blockchain, it generally cannot be canceled. If you know the owner of the incorrect address, request a return from the recipient; if it is an exchange address, submit the TxID to the receiving exchange’s customer center. If you sent the funds to an external address whose owner is unknown, the likelihood of recovery is very low.
If the Wrong Network Was Selected
If the receiving exchange does not support that network, the funds will not be credited automatically. Submit the TxID, asset, contract, source and destination addresses, and network to the receiving platform to determine whether manual recovery is possible. If it is a personal wallet, the funds may sometimes be accessible through a wallet that supports the relevant network using the same seed phrase or private key; however, never enter or provide your seed phrase to a third party without precise knowledge.
If the Tag or Memo Was Omitted or Entered Incorrectly
Even if the address is correct on the blockchain, the exchange may be unable to identify the user account. Complete the recovery request required by the receiving exchange and submit the TxID, exact tag, asset, amount, and transfer time. There may be a manual processing fee or minimum recovery amount, and recovery is not guaranteed.
When less than the minimum deposit amount is sent
Depending on the platform policy, it may be added to the balance after an additional deposit, or crediting or returning the funds may be impossible. Before sending additional funds to the same address without confirmation, check the OKX deposit details and official customer support guidance.
12. Security Checklist to Reduce Mistakes and Phishing
- Use the bookmarked official domain and official app rather than links from search advertisements.
- Do not enter the address manually; copy and paste it, then compare the leading and trailing characters.
- To account for clipboard malware, verify again that the pasted address matches the original.
- Save new addresses in your address book, clearly indicating the asset, network, and tag.
- If available, enable the withdrawal address whitelist and an authenticator app.
- Do not respond to contacts impersonating customer support and requesting a seed phrase, password, or remote control.
- For large amounts, consider splitting the transfer into multiple transactions after a small test transfer arrives.
- When contacting support, provide only the TxID and public address; never provide a private key or seed phrase.
13. Which Transfer Method Is Suitable for Which User?
| User situation | What to check first | Recommended approach |
|---|---|---|
| Moving from a domestic exchange to OKX for the first time | KYC name, supported VASP, common network, and minimum deposit amount | Make a small test transfer, then reuse the same route |
| Users who want to reduce fees | Networks supported by both sides and the final amount received | Check support and recoverability before choosing the cheapest chain |
| Users transferring large amounts | Withdrawal limits, security review, address book, and Travel Rule information | Confirm with customer support in advance and consider splitting the transfer |
| Users transferring altcoins directly | Contract, mainnet, tag, and minimum amount | If support is unclear, separately consider whether to use a highly liquid intermediary asset |
| Users withdrawing to a personal wallet | The wallet's network support, address ownership, and gas asset | Back up the seed phrase and proceed after a small test transfer |
| Users planning to start futures trading on OKX | Transferring funds between accounts after deposit, margin, liquidation, and funding fees | Check OKX Futures Trading Guide first |
14. OKX Deposit and Withdrawal FAQ
Is KYC required for OKX deposits?
OKX's official deposit guidance explains that identity verification must be completed to use the deposit function. Additional restrictions may apply depending on your region and account status, so check your Verification status after logging in.
How long do OKX withdrawals take?
A fixed processing time cannot be guaranteed. It depends on OKX's internal processing, network congestion, block generation speed, and the receiving exchange's confirmation requirements and review. If a TxID has been generated, check the status in a block explorer; if the deposit is still not credited after completion, contact the receiving platform.
Are OKX deposit and withdrawal addresses the same?
A deposit address is the address used to receive an asset on OKX, while a withdrawal address is the destination address issued by an external exchange or wallet. They may differ by asset and network, so they must not be used interchangeably.
Which network is best for sending USDT?
There is no single network that is always best for every user. Choose by comparing whether both the sending and receiving platforms support it, whether deposits and withdrawals are operating normally, and the fees, minimum amount, and confirmation speed.
Can I send KRW 1 million or more from Upbit to OKX?
As of the verification conducted on August 19, 2026, Upbit lists OKX as a supported provider linked for account-holder verification. However, the account holder names must match, and the supported asset and network requirements and the latest conditions shown on the withdrawal screen must all be satisfied, so check Upbit's customer support list again before actually submitting the request.
Can I make direct deposits and withdrawals between Bithumb and OKX as well?
Bithumb's official supported list identifies OKX as an overseas exchange available for deposits and withdrawals. However, not all assets and networks are supported, and name-matching and Travel Rule requirements apply, so check the actual deposit and withdrawal screens on both sides.
Will my assets disappear if I omit the tag or memo?
Even if the on-chain transfer succeeds, it may not be credited automatically to the exchange account. Submit the TxID and accurate information to the receiving exchange and request manual recovery; recoverability, processing time, and cost are not guaranteed.
I selected the wrong withdrawal network. Can I cancel it?
Once an on-chain withdrawal is completed and entered the blockchain, it generally cannot be canceled. Check whether the receiving platform or wallet supports that network; if it does not, prepare the TxID and transfer details and ask whether manual recovery is possible.
What happens if I send less than the minimum deposit amount?
The funds may not be credited to your balance, or returning them may be difficult. Whether an additional transfer will be combined depends on the asset, network, and platform policy, so check the deposit details and the official customer support response before resending at your discretion.
Does an OKX referral code also discount deposit and withdrawal fees?
Trading fee benefits and blockchain withdrawal fees are separate. For the referral application timing and account-specific display conditions, see OKX Referral Code Application Verification Guide, and check the withdrawal fee each time on the withdrawal confirmation screen.
15. Final Checklist
- □ Did you access the official app and domain?
- □ Do the KYC details and account-holder names match on both accounts?
- □ Did you select the same asset and the same network?
- □ After copying the address, did you compare its leading and trailing characters?
- □ Did you check whether the asset requires a Tag, Memo, or Comment?
- □ After deducting the fee, is the amount at least the minimum deposit amount?
- □ Did you enter the deposit source, recipient, and Travel Rule information truthfully?
- □ Did you make a small test transfer using a route you are using for the first time?
- □ Did you retain the TxID and transfer history?
Official Sources
- OKX: How to Deposit Crypto on the Web
- OKX: How to Withdraw Crypto in the App
- OKX: How to Check Deposit Addresses and Tag·Memo
- OKX: Why Some Assets Require a Tag·Memo
- OKX: How to Handle Withdrawal Address, Network, and Tag Errors
- Upbit: Additional List of Virtual Asset Service Providers Available for Deposits and Withdrawals
- Upbit: How to Withdraw Digital Assets and the Travel Rule
- Bithumb: List of Virtual Asset Exchanges Available for Deposits and Withdrawals
Official materials and supported lists may change. The dates stated in this article indicate when CoinPop last verified the information; immediately before making an actual transfer, check the current screens and announcements of OKX and the sending and receiving exchanges again.
Affiliate disclosure: CoinPop may receive compensation for qualifying activities through this link. This does not mean that the reader's costs are arbitrarily increased; verify any specific discount, bonus, or availability based on the registration page and account conditions.
Risk Disclosure: Crypto assets involve risks related to price volatility, exchanges and custody, smart contracts, networks, regulation, and liquidity. If you send funds using an incorrect address, network, or tag, you may be unable to recover them. Do not transfer amounts you cannot afford to lose or use them for leveraged trading.
