Step-by-Step Guide: Transferring Crypto from Binance to OKX Exchange

Introduction

For cryptocurrency enthusiasts looking to move digital assets between exchanges, this guide provides a comprehensive walkthrough for transferring USDT from Binance to OKX (formerly OKEx). We'll cover every critical step while emphasizing security best practices.

Prerequisites

• Verified Binance account
• Registered OKX exchange account
• USDT balance in your Binance account

Step 1: Account Preparation

1. Log in to your Binance mobile app
2. Navigate to the [Funds] section in the bottom-right corner

3. Identify your USDT balance in either:

   • Spot Account (for trading funds)
   • Funding Account (for fiat-purchased USDT)

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Step 2: Withdrawal Network Selection

1. From your Spot Account, select [Withdraw]
2. Choose USDT as your cryptocurrency
3. Select [Blockchain Transfer] method

4. Pay special attention to:

   • Recipient address
   • Transfer network
   • Withdrawal amount

Critical Reminder:
Network selection must match exactly between Binance and OKX. Common USDT networks include:

• TRC20 (Tron)
• ERC20 (Ethereum)
• BEP20 (BSC)

Step 3: Obtaining Deposit Address

1. Log in to OKX mobile app
2. Go to [Assets] → [Deposit]
3. Select USDT and choose the identical network (e.g., TRC20)
4. Copy the generated deposit address

Step 4: Executing the Transfer

1. Paste OKX deposit address into Binance withdrawal field
2. Confirm network match (e.g., TRC20)
3. Enter test amount (recommended 10 USDT initially)
4. Review withdrawal fees (varies by network)

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Step 5: Transaction Verification

1. Complete Binance security verifications:

   • Email confirmation
   • 2FA code
2. Submit withdrawal request
3. Note transaction ID for tracking

Step 6: Confirming Receipt

1. Check OKX [Deposit History] within:

   • 5 minutes for TRC20
   • 30 minutes for ERC20
2. Verify amount matches your withdrawal

Network Comparison Table

Security Tips

1. Always double-check addresses
2. Start with small test transfers
3. Bookmark official exchange sites
4. Never share API keys

FAQ Section

Q: Why didn't my USDT arrive?

A: Most common causes:

• Incorrect network selection
• Insufficient blockchain confirmations
• Exchange processing delays

Q: Which network has lowest fees?

A: TRC20 typically offers the most cost-effective transfers for USDT.

Q: How long do transfers take?

A: Varies by network:

• TRC20: ~5 minutes
• ERC20: 15-30 minutes
• BEP20: ~10 minutes

Q: Can I recover funds sent to wrong network?

A: Recovery is extremely difficult. Always verify network compatibility before transferring.

Conclusion

Mastering cross-exchange transfers empowers you to:

• Capitalize on arbitrage opportunities
• Diversify trading strategies
• Optimize asset security

Remember these key points:

1. Match networks exactly
2. Verify addresses twice
3. Start with test transfers
4. Track transaction IDs

With this knowledge, you're ready to securely move assets between Binance and OKX like a professional trader.