Internal transfers on OKX (formerly known as OKEx) offer a fast and fee-free way to move funds between accounts. Whether you're using the website or mobile app, this guide will walk you through the step-by-step process.
Why Choose OKX Internal Transfers?
- Instant processing: Transactions complete within seconds.
- Zero fees: Save on network costs compared to blockchain withdrawals.
- Enhanced security: No exposure to public blockchain risks.
Website Instructions for Internal Transfers
- Log in to your OKX account at the official website
- Navigate to "Assets" > "Withdraw"
- Select your desired cryptocurrency (e.g., USDT)
- Choose "Internal Transfer" as the withdrawal method
Enter the recipient's:
- Mobile number OR
- Email address OR
- Sub-account ID
- Input the transfer amount
Complete security verifications:
- Email verification code
- SMS authentication code
- Important: Verify the recipient's UID before confirming
Mobile App Instructions for Internal Transfers
- Open the OKX app and log in
- Tap "Assets" at the bottom menu
- Select "Withdraw"
- Choose your cryptocurrency (e.g., USDT)
- Select "Internal Transfer" option
Provide the recipient's:
- Registered phone number OR
- Email address OR
- Sub-account information
- Enter the transfer amount
Complete dual-factor authentication:
- Email verification
- SMS code verification
- Critical: Double-check the recipient's unique UID before submission
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Key Benefits of Internal Transfers
- Cost-effective: No network fees
- Immediate availability: Funds transfer instantly
- Simplified process: No complex wallet addresses needed
- Enhanced security: Reduced risk of wrong-address transactions
FAQ Section
Q: Is there any limit on internal transfer amounts?
A: Yes, OKX imposes daily withdrawal limits based on your verification level. Check your account limits in the "Security" section.
Q: Can I cancel an internal transfer after submission?
A: No, internal transfers process instantly and cannot be reversed. Always verify details before confirming.
Q: What if I enter the wrong email/phone number?
A: The transfer will fail if the recipient doesn't have an OKX account associated with that contact information. Funds will remain in your account.
Q: How does internal transfer differ from blockchain withdrawal?
A: Internal transfers move funds within OKX's system, while blockchain withdrawals send crypto to external wallet addresses on public networks.
Q: Are internal transfers available for all cryptocurrencies?
A: Most major tokens support internal transfers, but check the withdrawal page for your specific asset.
Q: Can I track internal transfer history?
A: Yes, all transfers appear in your account's transaction records with complete details.
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Remember: Always verify recipient details before confirming any transfer. Your account's UID is visible in the profile section and serves as an additional confirmation point for transactions.