How to Deposit on OKX

How to Deposit on OKX
In the fast-paced world of cryptocurrency trading and investment, it's essential to have many options for buying digital assets. OKX, a top cryptocurrency exchange, provides users with numerous ways to purchase cryptocurrencies. In this detailed guide, we'll show you the different ways you can buy crypto on OKX, highlighting how versatile and user-friendly the platform is.

How to Buy Crypto with Credit/Debit Card on OKX

Buy Crypto with Credit/Debit Card (Web)

1. Log in to your OKX account and click [Buy Crypto] - [Express buy].
How to Deposit on OKX2. Here you can choose to buy crypto with different fiat currencies. Enter the fiat amount you want to spend and the system will automatically display the amount of crypto you can get. Click [Buy USDT].
How to Deposit on OKX
3. Choose to buy with your VISA, then click [Next]. Check your order preview and click [Buy USDT].
How to Deposit on OKXHow to Deposit on OKX
4. You will be redirected to Banxa’s page, where you can click [Create Order].
How to Deposit on OKX
5. Enter your card information and click [Continue]. 
How to Deposit on OKX
6. After the payment is completed, you can see the order status and [Return to OKX].
How to Deposit on OKX

Buy Crypto with Credit/Debit Card (App)

1. Get started by choosing the menu icon on the top left corner, then click [Buy].
How to Deposit on OKXHow to Deposit on OKX
2. Choose the crypto you want to buy and the amount, choose [Select payment method].
How to Deposit on OKXHow to Deposit on OKX
3. Choose to pay with VISA or MasterCard and confirm your order.
How to Deposit on OKXHow to Deposit on OKX
4. You will be directed to the Banxa’s page. Fill in your card order and wait for it to be completed.
How to Deposit on OKXHow to Deposit on OKX

How to Buy Crypto on OKX P2P

Buy Crypto on OKX P2P (Web)

1. Log in to OKX, go to [Buy crypto] - [P2P trading].
How to Deposit on OKX2. Select the crypto you want to receive, and payment methods you want to use. Select [Buy] next to your preferred offer.
How to Deposit on OKX
3. Fill in the amount within the order limit and select the payment method. Select [Buy USDT with 0 fees] to proceed.

Note: at this point, OKX will hold the crypto being bought until the seller confirms the payment has been received, the order has been canceled by you or the order times out. You mustn’t pay if the order is at risk of timing out because seller will regain the crypto held earlier when the timer reaches zero if the payment hasn’t been marked as complete.
How to Deposit on OKX
4. Check your order and [Confirm].
How to Deposit on OKX
5. Select [I have paid] once you’ve paid via the payment App/method chosen. When the seller confirms receipt of payment, you’ll receive the crypto in your OKX account. 

Note: You can see a chatbox on the order page on the right side if you need to message the seller for any reason.
How to Deposit on OKX

Buy Crypto on OKX P2P (App)

1. Log in to OKX, go to [P2P trading].
How to Deposit on OKX
2. Select the crypto you want to receive, and payment methods you want to use. Select [Buy] next to your preferred offer.
How to Deposit on OKX
3. Fill in the amount within the order limit and select the payment method. Select [Buy USDT with 0 fees] to proceed.

Note: at this point, OKX will hold the crypto being bought until the seller confirms the payment has been received, the order has been canceled by you or the order times out. You mustn’t pay if the order is at risk of timing out because the seller will regain the crypto held earlier when the timer reaches zero if the payment hasn’t been marked as complete.
How to Deposit on OKX
4. You can chat with the seller and preview your order. Once check, choose [Get payment details].
How to Deposit on OKX
5. Select [I have paid] once you’ve paid via the payment App/method chosen. When the seller confirms receipt of payment, you’ll receive the crypto in your OKX account. 
How to Deposit on OKX

How to Buy Crypto on OKX via Third-party payment

1. Log in to your OKX account and go to [Buy crypto] - [Third-party payment].
How to Deposit on OKX

2. Enter the amount you wish to buy.
How to Deposit on OKX
3. Scroll down and choose your payment gateway, click [Buy now] - [Pay] after you have confirmed your order.
How to Deposit on OKX

How to Deposit on OKX
4. You will be redirected to Banxa’s page, where you can click [Create Order].
How to Deposit on OKX5. Enter your card information and click [Continue]. 
How to Deposit on OKX6. After the payment is completed, you can see the order status and [Return to OKX].
How to Deposit on OKX

How to Deposit Crypto on OKX

Deposit Crypto on OKX (Web)

1. Log in to your OKX account and go to [Assets] - [Deposit].
How to Deposit on OKX2. Select the crypto you want to deposit then click [Next].
How to Deposit on OKX
3. Deposit details will then automatically generate. Select your OKX account in the "Deposit to" field to receive your transaction.

You can either select Copy to copy the deposit address to your withdrawal platform or scan the QR code using your withdrawal platform app to make the deposit.
How to Deposit on OKX
Note:

  • Make sure selected crypto and network on both OKX and your withdrawal platform are the same to ensure a successful deposit. Otherwise, you’ll lose your assets.
  • You can find the minimum amount, required confirmation numbers, and contact address on the Deposit page
  • You won’t receive your assets if you deposited the crypto amount less than the minimum amount.
  • Some crypto (e.g. XRP) generates a tag/memo which is usually a string of numbers. You need to enter both the deposit address and tag/memo when you’re depositing. Otherwise, you’ll lose your assets.

Deposit Crypto on OKX (App)

1. Open your OKX app and choose [Deposit].
How to Deposit on OKX
2. Choose the cryptocurrency you want to deposit. Please choose the deposit network carefully and make sure that the selected network is the same as the network of the platform you are withdrawing funds from.
How to Deposit on OKX
3. You can either select Copy to copy the deposit address to your withdrawal platform app or scan the QR code using your withdrawal platform app to make the deposit.
How to Deposit on OKX
4. After confirming the deposit request, the transfer will be processed. The funds will be credited to your OKX account shortly after.

Frequently Asked Questions (FAQ)

Why am I not able to deposit EUR with SEPA bank transfer?

You can complete a EUR deposit from your bank account to your OKX account. EUR local bank transfers are currently only offered to our European customers (residents from EEA countries, excluding France).

Why hasn’t my deposit been credited?

It could be due to one of the following reasons:

Delayed from block confirmation
  • You can check if you’ve input the correct deposit information and your transaction status on the blockchain. If your transaction is on the blockchain, you can check if your transaction reaches the required confirmation numbers. You will receive your deposit amount once it reaches the required confirmation numbers.
  • If your deposit can’t be found on the blockchain, you can reach out to your corresponding platform’s customer support for assistance.

Deposit different cryptos
Before you submit a deposit request, make sure that you’ve selected the crypto supported by the corresponding platform. Otherwise, it could lead to deposit failure.

CT-app-deposit on chain select crypto
Select the crypto that is supported by the corresponding platform

Incorrect address and network
Before you submit a deposit request, make sure that you’ve selected the network supported by the corresponding platform. Otherwise, it could lead to deposit failure.

CT-app-deposit on chain select network
Select the deposit network which is supported by the corresponding platform in the Deposit network field. For example, you would like to deposit ETH to a BTC address that is not compatible. This can lead to deposit failure.

Incorrect or missing tag/memo/comment
The crypto that you want to deposit might require filling in a memo/tag/comment. You can find it on the OKX deposit page.

Deposit to smart contract addresses
Before you submit a deposit request, make sure that you’ve selected the deposit contract address supported by the corresponding platform. Otherwise, it could lead to deposit failure.

CT-app-deposit on chain view contract address
Make sure the deposit contract address is supported by the corresponding platform

Blockchain reward deposits
The profit from mining can only be deposited into your wallet. You can only deposit the rewards into the OKX account once it is deposited into your wallet, as OKX doesn’t support blockchain reward deposits.

Combined deposits
When you want to do a deposit, make sure you submit only one deposit request each time. If you submit multiple requests into a single deposit transaction, you’ll not receive your deposit. In such a case, you can reach out to our customer support for assistance.

Fail to reach the minimum deposit amount
Before you submit a deposit request, make sure that you deposit at least the minimum amount which you could find on our OKX deposit page. Otherwise, it could lead to deposit failure.

Why is my deposit locked?

1. P2P T+N risk control is triggered
When you’re buying crypto through P2P trading, our risk control system will comprehensively assess your transaction risks and impose N-day restrictions on the withdrawal and P2P sales of the equivalent amount of assets in your transaction. It is recommended that you wait patiently for N days and the system will automatically lift the restriction

2. Travel rule additional verification is triggered
If you’re in regulated regions, your crypto transactions are subjected to the Travel Rule as per local laws, which you may require supplementary information for it to be unlocked. You should obtain the legal name of the sender and ask whether they are sending from an exchange or private wallet address. Additional information such as, but not limited to, country of residence may also be required. Depending on your local law and regulations, your transaction may remain locked until you provide the information required of the person who sent you the fund. 

Who is eligible to buy and sell crypto using the fiat gateway?

Anyone with a registered OKX account, verified their email or mobile number, who set up 2FA identification and fund’s password in the security settings, and has completed verification.
Note: your third-party account’s name shall be identical to OKX account’s name

How long does it take to receive fiat when selling crypto?

It is subject to the fiat merchant’s discretion. If you choose to sell and receive through a bank account, the process can take 1-3 business days. It only takes a few minutes to sell and receive via a digital wallet.

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