Introducing USD deposits and withdrawals

Published on Aug 16, 2024Updated on Jan 10, 20253 min read1

Cash deposits and withdrawals are used to buy and sell crypto on the OKX app and web platform.

Open deposit and withdrawal pages on OKX US website

Opening Deposit/Withdraw from our website

What currencies and payment methods does OKX currently support?

Currently, we offer deposits and withdrawals with your most preferred payment methods. The payment methods and currencies available to you depend on your country of residence. More options will be coming soon.

What are the deposit and withdrawal fees, limits, and processing times?

Fees and processing times

Payment method Currency
Channel
Deposit Fees Withdrawal Fees Processing Time
Local bank Transfer USD
Wire transfer
N/A
$30
Up to 3 business days, depending on your sending/receiving bank
ACH bank transfer N/A N/A Deposits are instant. However, they may be on hold for a brief period of time before they can be withdrawn

Withdrawals may take up 3-5 business days*

Note:

  • Business day refers to the local business day of the currency country.

  • Additional fees for bank transfers may be charged by your bank.

  • Any withdrawal fees won't be refunded.

  • If a withdrawal is returned to us, there may be additional fees charged by your bank.

Deposit and withdrawal limits

Limits help protect your account and allow us to comply with regulations we're subject to. When processing a deposit or withdrawal, minimum and maximum transaction limits apply to individual payment methods.

Currency Channel Minimum Max. Cumulative Deposit Max. Cumulative Withdrawal
USD Domestic Wire transfer
$50
Individuals:
$50,000 Daily (concurrent daily 3 times)
$300,000 per 30 days

Institutions:
$10,000,000 Daily
Unlimited per 30 days
Individuals:
$50,000 Daily (concurrent daily 3 times)
$300,000 per 30 days

Institutions:
$10,000,000 Daily
Unlimited per 30 days
ACH bank transfer $10 Individuals:
$5,000 Daily
$10,000 Weekly
$20,000 per 30 days

Institutions:
N/A
Individuals:
$5,000 Daily
$10,000 Weekly
$20,000 per 30 days

Institutions:
N/A

Note:

  • Limits are cumulative and it'll be shared with card payment. The lowest available limit is the limit that applies to that user.

  • The deposited or withdrawn amount will be reset 30 days after your transaction date.

How can I review my current deposit and withdrawal limits?

Your maximum limits are shown when you start a deposit or withdrawal on the app or website. For more details about cash deposits and withdrawals, check out: