How to Withdraw Crypto from OKX

Q: What is OKX?

OKX , formerly known as OKEx, is one of the largest cryptocurrency exchanges by market capitalization, founded in 2017. OKX claims to have over 20 million users and based on what we could gather, the exchange has never been hacked. On OKX, users can buy, sell, and trade over 600 cryptocurrencies, participate in cryptocurrency staking and other passive income-generating schemes, and trade NFTs through OKX’s built-in NFT marketplace. OKX has a native token, OKT, that provides users with benefits, such as trading fee discounts and increased staking rewards.

Whether you have made decent profits trading crypto lately or just want to move your crypto portfolio away from a centralized exchange like OKX, formerly known as OKEx, whatever your reason may be, you’ll need a safe and secure non-custodial cryptocurrency wallet to store your cryptocurrencies before eventually selling them for fiat currencies.

In this how-to withdraw from OKX guide, we will take you by the hand and lead you through the process of withdrawing Bitcoin, Ethereum, and other digital assets from your OKX account to your Zengo wallet in the easiest and safest way possible without making any mistakes. This way, you can rest assured that you are in total control of your digital asset holdings.

How to Withdraw Crypto from OKX to Zengo - Step-by-Step Guide

Withdrawing crypto from OKX is very easy and straightforward but can be daunting the first time. For this reason, we decided to compile this guide to show you exactly how you can withdraw crypto from OKX to Zengo. Note that in order to do this, you must have set up your Zengo wallet correctly beforehand.

Zengo is the most secure Web3-ready non-custodial cryptocurrency wallet available that utilizes the latest MPC technology to protect your cryptocurrency holdings. Zengo is more secure and reliable than any other hardware wallet and safer than centralized cryptocurrency exchanges like OKX because of its built-in Web3 firewall, seedless keyphrases, and personal account recovery system through biometric facial recognition software.

Once you have set up your Zengo wallet accordingly and finalized the onboarding process, you’re all set. To withdraw your crypto from OKX, simply follow the steps below.

Log in to your OKX account and hover over the assets option on the top menu. Make sure to check if this specific asset is supported by Zengo.
Hit the ‘’Withdraw’’ button behind the cryptocurrency you want to withdraw.
Specify the withdrawal method, amount, and network, and tap ‘’Continue.’’
You must now enter any memos or tags and paste the receiving address. Your new destination address can be found in your Zengo wallet by tapping on the desired asset in the app.
Check all the details carefully and tap ‘’Continue’’ once again.
OKX will now request your funds' password, email code, SMS code, or Google Authenticator code. Fill in the required codes and tap ‘’Confirm’’ one final time to submit your withdrawal request and finalize the withdrawal process.

How to Check That the Crypto Arrived in Your Zengo App?

In case you want to check whether the crypto has arrived yet in your Zengo wallet app, simply launch the app and check the main balance page. If you would like to see a more detailed overview of your latest incoming transactions, we recommend hitting the ‘’History’’ button on the bottom of the screen to be provided with a complete transaction overview.

Keep Your Crypto Safe and Secure With Zengo

Zengo is the absolute safest and most secure non-custodial cryptocurrency wallet available on the market today that makes use of biometric key phrases instead of traditional mnemonic ones. Additionally, the Zengo app is intuitively and modernly designed and supports dozens of digital assets, including but not limited to Bitcoin, Ethereum, Dogecoin, and Shiba Inu.

Next-Gen Digital Asset Security

Zengo provides you with state-of-the-art security and safeguards your cryptocurrency portfolio with the latest facial recognition 3-factor authentication software. With Zengo, you can forget about writing down difficult-to-remember seed phrases or printing out QR codes. Instead, simply log in with your facial ID through the use of the latest MPC technology.

100% Self-Custody & Fiat Onramp Services

Zengo’s fully non-custodial wallet enables you to be in total control of the private keys that provide access to your cryptocurrency holdings. Additionally, you can also expand your crypto portfolio whenever you deem fit by buying extra crypto with fiat currencies through Zengo’s fiat onramp services. Simply buy Bitcoin, Ethereum, and other cryptocurrencies anytime, anywhere, with the Zengo crypto wallet app.

24/7 Real Human Customer Support

Zengo provides you with real human customer support available around the clock every day of the year. Simply contact the support via live chat any time you want whenever you have a question, and one of our friendly and professional support staff members will assist you as soon as possible.

How to Withdraw Crypto From Zengo’s Wallet

With Zengo, you can easily send and receive crypto to and from other external crypto wallets. To send cryptocurrencies from Zengo to other wallets, hit the ‘’Actions’’ button located in the main menu, select the cryptocurrency you want to send, and paste the receiving address. Simply confirm the transaction, and the crypto will be sent straight away.

To withdraw your digital assets to fiat from your Zengo wallet, hit the ‘’Actions’’ tab within the app, followed by the ‘’Sell’’ button. Once you have done this, you’ll need to specify how many cryptocurrency tokens you want to sell. Simply enter the amount you want to sell, and confirm the sale. Your digital assets will now be sold for euros, dollars, pounds, or other fiat currencies, and you can now withdraw these to the bank account connected to your Zengo wallet account.

FAQs: Additional Information on How to Withdraw Crypto From OKX

You can find more information about crypto withdrawals from OKX in the frequently asked questions section below.

What is OKX?

OKX, formerly known as OKEx, is one of the largest cryptocurrency exchanges by market capitalization, founded in 2017. OKX claims to have over 20 million users and based on what we could gather, the exchange has never been hacked. On OKX, users can buy, sell, and trade over 600 cryptocurrencies, participate in cryptocurrency staking and other passive income-generating schemes, and trade NFTs through OKX’s built-in NFT marketplace. OKX has a native token, OKT, that provides users with benefits, such as trading fee discounts and increased staking rewards.

OKX Vs. Zengo Comparison: What Are The Main Differences?

The main difference between Zengo and OKX is that OKX is primarily a cryptocurrency exchange that allows users to buy, sell, and trade cryptocurrencies. Although users can store their digital assets at OKX, they aren’t in control of their private keys. In contrast to this, Zengo is a fully non-custodial wallet, meaning that you are in total control of your private keys, and you, therefore, own the cryptocurrencies in your wallet. Apart from acting as a non-custodial crypto wallet, Zengo also functions as a gateway to Web3, NFTs, metaverse gaming, Daaps, and decentralized finance.

OKX Withdrawal Fees Explained

Apart from charging trading fees based on a maker/taker pricing model, based on the information we gathered online, the exchange also charges withdrawal fees on a per-cryptocurrency basis. Note that standard miner fees may apply when withdrawing cryptocurrencies from OKX.

OKX Withdrawal Limits Explained

Users who own less than 500 OKB tokens can withdraw up to 500 entire BTC per 24 hours. Higher VIP tiers can withdraw more, whilst users who haven’t completed the KYC procedure yet (and are KYC Level 1) can ‘’only’’ withdraw 200 BTC per day.

How Long Does It Take To Withdraw From OKX?

Whenever you submit a withdrawal request at OKX, the withdrawal will pass through several stages of approval, including awaiting withdrawal, request submitted, now pending confirmation, manual verification, being processed, and withdrawal successful. If your withdrawal doesn’t come through within 48 hours of submission, we recommend contacting the cryptocurrency exchange’s support.

Problems That Can Occur Regarding Crypto Withdrawal From OKX

When you have just purchased (your first) crypto on OKX, it can be that your account is subject to a short holding period in which you won’t be able to withdraw it to external wallets such as Zengo. For this reason, we recommend logging in to your OKX account to see whether this is the caste. Other commonly known problems that can occur regarding crypto withdrawal from OKX include entering the wrong receiving address and the wrong blockchain network. We, therefore, recommend always double-checking these details before confirming any withdrawal request.

How to Withdraw Crypto to Fiat on OKX?

The only way to withdraw crypto to fiat from OKX is by using its built-in P2P Marketplace. To do this, add a payment method to use on the P2P marketplace or connect your bank account, sell your crypto peer-to-peer to another cryptocurrency user, and withdraw the fiat amount to the connected e-wallet or bank account. Alternatively, you can send your funds to Zengo and withdraw them as needed in fiat while your assets are safe and completely in your control.