Introduction to OKEx
OKEx (www.okx.com) is a globally renowned digital asset exchange, offering a wide range of cryptocurrency trading services, including spot and derivatives trading for Bitcoin, Litecoin, Ethereum, and more. It operates under OKEX Technology Company Limited and has garnered significant investments from top-tier venture capitalists.
Key Features
- Founded: 2014
- Recommended Rating: ★★★★★
- Services: Spot trading, futures, options, and margin trading
Step-by-Step Guide to Depositing Crypto on OKEx
Depositing cryptocurrency into your OKEx account involves transferring digital assets from an external wallet or exchange. Below is a detailed guide on how to deposit Bitcoin (BTC) into OKEx.
Step 1: Generate a Deposit Address
- Open the OKEx app or website.
- Navigate to Assets > Deposit.
- Select the cryptocurrency (e.g., BTC) and the corresponding deposit network.
- Copy the deposit address provided.
Step 2: Initiate the Transfer from Your External Wallet
- Go to your external wallet or exchange.
- Select Send/Withdraw and choose the correct blockchain network.
- Paste the OKEx deposit address in the recipient field.
- Enter the amount and confirm the transaction.
Step 3: Wait for Confirmation
- BTC deposits require 1 network confirmation before reflecting in your OKEx account.
- You can track the transaction under Deposit History.
Important Deposit Guidelines
✅ Minimum Deposit: 0.00005 BTC (smaller amounts will not be credited).
⚠️ Do Not Deposit Non-BTC Assets into a BTC address—such assets will be lost.
Additional Notes:
- Tag/Memo Required: Some cryptocurrencies (e.g., XRP) require both an address and a tag/memo for deposits.
- Lightning Network: OKEx supports Lightning Network for faster BTC deposits (recommended for amounts between 0.000001 BTC and 0.05 BTC).
- Avoid Batch Deposits: Batch transactions may experience delays.
Frequently Asked Questions (FAQs)
Q1: How long does a BTC deposit take on OKEx?
A: Typically, BTC deposits take around 1 network confirmation (~10 minutes). Using the Lightning Network speeds up the process.
Q2: What happens if I deposit the wrong cryptocurrency?
A: Depositing non-supported assets (e.g., ETH to a BTC address) will result in permanent loss. Always verify the address and network.
Q3: Why isn’t my deposit showing in my OKEx account?
A: Check if the transaction has sufficient confirmations. Also, ensure the deposit meets the minimum amount requirement.
👉 Explore OKEx Trading Options
By following these steps, you can securely deposit cryptocurrencies into your OKEx account and start trading seamlessly. Always double-check addresses and network compatibility to avoid errors.