This guide provides a clear, step-by-step overview of how to deposit cryptocurrency into your account using the official OKX mobile application. By following these instructions, you can fund your wallet securely and start trading or investing in various digital assets.
Step-by-Step Deposit Guide
To begin the deposit process, you first need to open your OKX application. The following steps will guide you through the entire procedure.
Step 1: Access the Deposit Feature
There are two primary methods to locate the deposit function within the OKX app:
- From the Home Screen: Open the OKX app and tap on the "Deposit" button, which is typically prominently displayed for easy access.
- From the Assets Section: Alternatively, you can navigate to the "Assets" tab at the bottom of your screen. From there, select the "Deposit" option to proceed.
Both routes will direct you to the dedicated deposit interface.
Step 2: Select Your Cryptocurrency and Network
Once you are on the deposit page, you will need to:
- Choose the specific cryptocurrency you wish to deposit (e.g., Bitcoin, Ethereum, USDT).
- After selecting the asset, carefully choose the deposit network. This is a critical step, as you must ensure the network matches on both OKX and your withdrawing platform.
The system will then automatically generate the necessary deposit details for you.
Step 3: Choose the Receiving Account and Obtain Address
On the deposit details screen:
- Select your desired OKX account in the "Deposit to" field to specify where you want the funds to be received.
You now have two convenient options to complete the transfer from your external wallet:
- Copy Address: Tap the "Copy" button to copy the unique deposit address. You can then paste this address into the withdrawal section of your other platform.
- QR Code: Use the QR code displayed. Simply scan this code using your other platform's wallet app to automatically populate the address field.
Step 4: (Optional) Share Deposit Details
For added convenience, you can select "Share deposit details" to easily send the deposit information to friends or family, making it simpler for them to send you funds.
Important Considerations for a Successful Deposit
Ensuring a smooth and secure deposit requires attention to detail. Here are the most critical points to remember.
Network and Currency Matching
This is the most crucial rule: Always ensure the cryptocurrency and network you select on OKX are identical to those on your withdrawing platform. For example, if you choose to deposit USDT on the TRON (TRC20) network within OKX, you must withdraw USDT on the TRON network from your other exchange. Failure to do so will likely result in the permanent loss of your assets.
Minimum Deposit Amounts
Every cryptocurrency has a minimum deposit requirement. You can find this information, along with the required number of confirmations and the contract address, on the Deposit page itself. If you attempt to deposit an amount smaller than the specified minimum, your funds will not be credited to your account.
The Use of Tags and Memos
Some cryptocurrencies, such as XRP (Ripple) and XLM (Stellar), require the use of a Tag or Memo. This is an additional string of numbers that uniquely identifies your account alongside the deposit address.
- You must enter both the deposit address AND the Tag/Memo when initiating the withdrawal from another platform.
- Omitting the Tag/Memo or entering it incorrectly will cause your funds to be lost.
For a deeper understanding of how to handle these specific types of deposits, it's wise to 👉 review the detailed guide on tagged deposits.
Frequently Asked Questions
Q: What should I do if my deposit hasn't arrived after several hours?
A: First, check the transaction status (TXID) on the blockchain explorer using the hash provided by your sending platform. Delays are often due to network congestion requiring more confirmations. Also, double-check that you used the correct address and network.
Q: Can I deposit any cryptocurrency into my OKX wallet?
A: OKX supports a wide range of cryptocurrencies, but not all. You must always check that the specific crypto asset you want to deposit is listed and available on the OKX platform before initiating the transfer.
Q: Why is selecting the correct network so important?
A: Cryptocurrencies exist on different blockchains (networks). Sending tokens on the wrong network means they are sent to a address on a chain that OKX does not control or support, making recovery impossible.
Q: Is there a fee for depositing funds into OKX?
A: OKX does not charge a fee for depositing funds into your account. However, the network itself (e.g., the Ethereum network) will charge a gas fee for processing the transaction, which is paid by the sender.
Q: How long does a typical deposit take to process?
A: Processing times vary by blockchain. Bitcoin transactions can take from 10 minutes to over an hour, while other networks like Solana or XRP are often much faster. The status will update on your OKX account once the required number of network confirmations is met.
Q: What is a Tag/Memo and how do I find it for my deposit?
A: A Tag/Memo is an additional identifier used for certain cryptocurrencies. When you generate a deposit address for a coin that requires one, such as XRP, the OKX app will clearly display both the address and the Tag for you to copy.