Depositing and withdrawing cash are essential functions for buying and selling crypto on the OKX web platform and mobile app.
Supported Currencies and Payment Methods
OKX currently supports a variety of payment methods tailored to your preferences. Available options depend on your country of residence, with more choices coming soon.
Popular Payment Options Include:
- Bank Transfers (SEPA, SWIFT, etc.)
- Local Payment Gateways (iDEAL, Bancontact, Pix)
- Instant Payment Services (PayNow, etc.)
Fees, Limits, and Processing Times
Fees and Processing Times
| Payment Method | Currency | Channel | Deposit Fee | Withdrawal Fee | Processing Time |
|---|---|---|---|---|---|
| Local Bank Transfer | EUR | SEPA | Free | Free | Instant, up to 2 business days* |
| iDEAL | EUR | N/A | Free | N/A | Instant |
| Pix | BRL | N/A | Free | Free | Instant |
| Bank Transfer | AUD | N/A | Free | Free | Up to 1 business day* |
Notes:
- Business days follow local banking calendars.
- Third-party banks may charge additional fees.
- Withdrawal fees are non-refundable.
Deposit and Withdrawal Limits
Limits protect your account and ensure compliance. Minimum and maximum thresholds vary by payment method:
| Currency | Channel | Minimum | Max Daily Deposit | Max Daily Withdrawal |
|---|---|---|---|---|
| EUR | SEPA | €1 | €300,000 | €1,000,000 |
| BRL | Pix | R$10 | R$25,000 | R$25,000 |
| AUD | Bank Transfer | A$0.01 | A$10,000 | A$50,000 |
Key Reminders:
- SEPA Instant transfers cap at €100,000 per transaction.
- Limits reset every 30 days from the transaction date.
- Check the OKX app or website for real-time limit displays.
👉 Explore higher limits on OKX
FAQ
Q: How long do withdrawals take?
A: Most withdrawals process instantly or within 1–2 business days, depending on the method.
Q: Are there hidden fees?
A: OKX charges no fees for deposits/withdrawals, but partner banks may apply costs.
Q: Can I increase my transaction limits?
A: Yes, by verifying your identity (KYC) to higher account tiers.
Q: Is there a minimum deposit amount?
A: Yes, e.g., €1 for SEPA, R$10 for Pix.
Q: What if my withdrawal fails?
A: Contact OKX support for assistance. Funds may be returned minus fees.
For updates, always refer to the official OKX help center.