How do I make a deposit? (app)

Published on Aug 22, 2023Updated on Jun 29, 20265 min read154,757
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Video guide


What is a deposit?

A deposit refers to transferring crypto from another exchange or platform to your OKX account. It is similar to bank transfers. For example, Person A provides their bank account number to Person B, and Person B uses that account number to deposit funds into Person A’s bank account.

When making a deposit, all cryptos require a deposit address. When depositing, make sure that the crypto name and the network used for deposits and withdrawals are exactly the same. Currently, OKX doesn’t support deposits of certain networks, such as USDT on the BSC network.

Please deposit only cryptos supported by OKX. If you can't find a certain token and network on the deposit page, it means this token is not supported and your assets may be lost.

Can I make a deposit?

  • Only accounts that have completed identity verification can make deposits.

  • If your account is frozen or restricted, your deposit function may be limited. You may refer to the message displayed on your page.

How do I make a deposit?

On the App:

1. There are 2 ways to make a deposit to your account:

Method 1: open your OKX app, select Deposit crypto

Opening Deposit page from Homepage

Method 2: open your OKX app, go to Assets > Select Deposit > Deposit crypto

Opening Deposit page from Assets

2. Select the crypto that you want to deposit, then select the Deposit network

3. Deposit details will then automatically generate

4. In the Deposit account section, you can select whether to deposit funds into your Funding or Trading account

Select the OKX account that you want to receive the deposit

5. Then, you can choose either:

Method 1: copy the deposit address
Copy the deposit address provided by OKX and paste it into the withdrawal address field on the other platform or wallet to complete the deposit.

Method 2: scan the deposit QR code
Use the QR code scanning feature on the other platform or wallet to scan the deposit address QR code displayed on OKX to complete the deposit.

6. After completing the deposit, you can select More > Share deposit details to share with your friends and family.

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 contract address on the Deposit page.

  • You won't receive your assets if you deposited the crypto amount less than the minimum amount.

  • Some crypto (for example, XRP) generates a tag/memo, usually a string of numbers. You need to enter the deposit address and tag/memo when depositing. Otherwise, you'll lose your assets. Select here to learn more about how to deposit crypto with a tag/memo.

What can I do if other platforms request my name on OKX?

As part of regulatory requirements, some platforms may request verification of name before making the transaction to our platform. If you find yourself required to enter the verified name of your OKX account, you may find it in Profile > Verification.

User Center page on the app with the verified info overview

Verification page on the app with the verified info overview

Verification page on the web with the verified info overview

For more information regarding such verification, you may refer here.