Withdrawing cash from your digital asset account should be simple, transparent, and fast. On OKX, you can securely transfer funds to your bank account using the cash withdrawal feature, with support for multiple local currencies and region-specific methods. Whether you're using the mobile app or web platform, understanding the withdrawal limits, fees, and processing times is essential for a smooth experience.
This guide walks you through how to access all the necessary details—so you can make informed decisions every time you withdraw.
How to Access Cash Withdrawal on OKX
To begin a cash withdrawal, first log in to your OKX account via the mobile app or website. The process is intuitive and designed for quick navigation.
On the Mobile App
- Tap on Portfolio from the home screen.
- Select Withdraw.
- Choose Withdraw cash or your preferred local currency option.
Tip: You can also tap “Withdraw” directly from the main dashboard and select “Withdraw cash” from the next screen.
On the Web Platform
- Navigate to Assets in the top menu.
- Click Withdraw.
- Select Cash or your local currency withdrawal option.
Tip: After selecting “Assets” > “Withdraw,” go to the Withdrawal page and pick “Cash” as your method.
Once you’re in the withdrawal section, you’ll see all available options tailored to your region.
Supported Currencies and Withdrawal Methods by Region
Not all withdrawal methods are available globally—your options depend on your location and account settings.
To view what’s supported:
- Go to the Cash Withdraw section in your account.
- The platform will automatically display all supported currencies (e.g., USD, EUR, GBP, BRL) and available withdrawal methods such as bank transfer, PIX, SEPA, Faster Payments, and more.
These options update dynamically based on your region, ensuring compliance and efficiency. Always check this list before initiating a transaction to avoid delays.
👉 Learn how to choose the fastest withdrawal method for your region.
Understanding Cash Withdrawal Fees
Transparency is key when it comes to costs. OKX aims to keep processing fees low, and any applicable charge is clearly displayed before confirmation.
How Fees Are Shown
- If a fee applies, it will appear as a specific amount (e.g., 2.50 USD).
- If there's no cost, you'll see "No fee" indicated.
The final fee is always shown on the Preview screen before submission and is deducted from your withdrawal amount.
Example:
Withdrawing 100 USD with a 3 USD fee means:
- 100 USD is withdrawn from your OKX balance.
- 97 USD reaches your bank account.
Types of Withdrawal Fees
OKX uses three common fee structures:
1. Flat Fee
A fixed amount charged regardless of withdrawal size.
Example: A 2 USD flat fee applies whether you withdraw 10 USD or 1,000 USD.
2. Percentage Fee
A portion of your total withdrawal amount.
Example: A 1.5% fee on a 200 USD withdrawal = 3 USD.
3. Percentage + Flat Fee
A combination of both models.
Example: 1% + 1 USD
For a 300 USD withdrawal:
- 1% of 300 = 3 USD
- Plus 1 USD flat fee
- Total = 4 USD
You’ll always know the exact cost upfront—no surprises.
👉 See real-time fee estimates before making your next withdrawal.
What Are Cash Withdrawal Limits?
Withdrawal limits help protect your funds and ensure regulatory compliance. They vary based on two main factors:
- Your chosen withdrawal method
- Your account verification level (e.g., Level 1, Level 2)
Limits are displayed directly on the withdrawal method selection screen. Tap the information (i) icon next to each option for full details.
Types of Withdrawal Limits
Minimum Withdrawal Amount
The smallest amount you can withdraw per transaction.
Example: Minimum may be set at 5 USD or equivalent in local currency.
Daily Limit
Maximum you can withdraw within a rolling 24-hour period.
- Resets 24 hours after each transaction—not at midnight.
Weekly Limit
Total allowed over any consecutive 7-day window.
- Resets 7 days after the transaction that used up the limit.
Monthly Limit
Maximum allowed within a rolling 30-day period.
- Resets 30 days after the relevant transaction.
Maximum Number of Withdrawals
Some methods limit not just the amount but also the number of transactions per day or week.
Note: Higher verification levels often unlock higher limits. Completing identity verification can significantly increase your withdrawal capacity.
Processing Time: How Long Does a Cash Withdrawal Take?
Processing time refers to how long it takes for funds to leave your OKX account and appear in your bank account.
While many methods offer instant transfers, others may take up to 5 business days, depending on:
- The selected withdrawal method (e.g., SEPA vs. domestic bank wire)
- Your bank’s internal processing speed
- Regional financial regulations
You’ll see the estimated processing time clearly listed when choosing your withdrawal method—both on mobile and web.
| Method Example | Typical Speed |
|---|---|
| SEPA (Eurozone) | 1–2 business days |
| Faster Payments (UK) | Instant – few hours |
| PIX (Brazil) | Instant |
| Domestic Bank Transfer (US) | 1–3 business days |
Always factor in weekends and public holidays, especially for non-instant methods.
Frequently Asked Questions (FAQ)
Q: Where can I see the exact fee before confirming my withdrawal?
A: The exact fee is displayed on the Preview screen just before you confirm the transaction. It will show both the gross amount and net amount received.
Q: Why do my withdrawal limits differ between methods?
A: Different payment systems have different risk profiles and regulatory requirements. High-trust methods like SEPA may allow larger limits than others.
Q: Can I increase my withdrawal limit?
A: Yes—by completing higher levels of identity verification in your account settings. This enhances security and unlocks greater transaction capacity.
Q: Are there any hidden charges when withdrawing cash?
A: No. All fees are fully disclosed during the withdrawal process. However, your bank may apply separate incoming transfer fees—check with them directly.
Q: What happens if I exceed my daily limit?
A: The system will block the transaction until sufficient time has passed for the rolling limit to reset.
Q: Do processing times include weekends?
A: For most bank-based methods, processing only occurs on business days. Weekend submissions typically start processing on the next business day.
Final Tips for Smooth Cash Withdrawals
- Always double-check recipient details before confirming.
- Use instant methods like PIX or Faster Payments when speed is critical.
- Monitor your rolling limits to plan large withdrawals efficiently.
- Keep your app or browser updated for optimal performance.
Understanding the ins and outs of cash withdrawals empowers you to manage your finances confidently. With clear visibility into fees, limits, and processing times, OKX ensures a secure and user-friendly experience across regions.
👉 Start a fast, secure cash withdrawal today—check your available options now.