Ready to start trading cryptocurrencies on OKX but unsure how to fund your account? This comprehensive guide walks you through every deposit method with clear step-by-step instructions. Whether you're a complete beginner or experienced trader, you'll find the perfect funding solution here.
👉 Start trading on OKX today with zero deposit fees
Why Choose OKX for Cryptocurrency Trading?
OKX stands out as one of the world's leading cryptocurrency exchanges, offering:
- 400+ tradable assets
- Industry-leading security measures
- Competitive trading fees (0.08% maker/0.10% taker)
- Intuitive mobile and desktop platforms
Before depositing, ensure you've:
- Completed OKX registration
- Passed KYC verification (required for fiat deposits)
Method 1: Credit/Debit Card Purchases (Fastest Option)
The Quick Buy feature lets you purchase crypto instantly using:
- Visa/Mastercard credit cards
- Debit cards
- Apple Pay (selected regions)
Step-by-Step Guide:
- Navigate to "Buy Crypto" → "Quick Buy"
- Select your desired cryptocurrency (BTC, ETH, USDT, etc.)
- Enter purchase amount in TWD or crypto units
- Choose payment method and complete transaction
- Funds typically arrive within 1-30 minutes
Fee Breakdown:
- OKX spread: ~1-2%
- Foreign transaction fee: 1.5% (varies by bank)
- No deposit fees
Recommended Taiwanese Banks for Crypto Purchases
| Recommended Banks | Banks That May Block Crypto Purchases |
|---|---|
| Taishin Bank | HSBC Taiwan |
| Cathay United Bank | Mega Bank |
| First Bank | Union Bank |
| LINE Bank | E.Sun Commercial Bank |
Method 2: TWD Bank Transfer (Most Cost-Effective)
This two-step process involves:
- Buying stablecoins (USDT/USDC) on a Taiwanese exchange
- Transferring to OKX
Detailed Process:
1. Purchase USDT on Local Exchange (MAX Example)
- Deposit TWD via bank transfer
- Navigate to USDT/TWD trading pair
- Set limit order or market buy
- Complete purchase
2. Transfer to OKX
- In OKX: Tap "Deposit" → "Crypto" → Select USDT
- Choose network (MATIC recommended for low fees)
- Copy deposit address
- On MAX: Initiate withdrawal to copied address
- Confirm via email/2FA
Advantages:
- Lower fees than credit card (0.1-0.3% vs 2.5-3.5%)
- Better exchange rates
- No foreign transaction fees
Method 3: On-Chain Transfers (For Existing Crypto Holders)
Transfer crypto from:
- Other exchanges
- Web3 wallets
- Cold storage
Key Considerations:
- Always use matching networks (sending BTC on Bitcoin network to BTC address)
- Include sufficient gas fees (varies by network)
- Double-check address before confirming
👉 Learn proper crypto transfer techniques to avoid lost funds
Method 4: C2C Trading (Advanced Users)
While OKX discontinued direct TWD support in June 2024, you can still:
- Purchase USD/EUR through bank transfers
- Use these fiat currencies to buy crypto from verified merchants
Safety Tips:
- Only trade with merchants having 98%+ positive ratings
- Never release payment before receiving crypto
- Use OKX escrow for all transactions
OKX Deposit Security: What You Must Know
- Official domains only: www.okx.com (bookmark this)
- No "free bitcoin" offers: OKX never randomly messages users
- Enable 2FA: Adds extra security layer beyond email/SMS
- Verify deposit addresses: Always test small transfers first
What Can You Do After Depositing?
Earn passive income:
- Up to 10% APY on USDT/USDC
- 5% APY on BTC/ETH through OKX Earn
Trade smarter:
- Copy trading: Mirror expert strategies
- Grid bots: Automate range-bound trading
- Futures trading (up to 125x leverage)
Explore Web3:
- OKX Wallet for DeFi access
- Jumpstart for new token offerings
Deposit Method Comparison
| Method | Speed | Fees | Difficulty | Best For |
|---|---|---|---|---|
| Credit Card | Instant | 2.5-3.5% | Easy | Small, quick purchases |
| Bank Transfer | 1-24h | 0.1-0.3% | Medium | Large amounts |
| On-Chain | 5-60m | Network fee | Hard | Crypto holders |
| C2C | Varies | 0.5-2% | Medium | USD/EUR users |
FAQ Section
Q: What's the minimum deposit amount?
A: Varies by method:
- Credit card: ~300 TWD
- Bank transfer: ~100 TWD equivalent
- Crypto: Network minimum (e.g., 0.0001 BTC)
Q: Why hasn't my deposit arrived?
A: Check:
- Blockchain confirmations (for on-chain)
- Bank processing times (fiat transfers)
- Transaction ID on blockchain explorer
Q: Are there deposit bonuses?
A: OKX occasionally offers deposit incentives - check official announcements.
Q: Can I deposit without KYC?
A: Only crypto-to-crypto transfers under certain limits.
Q: Which stablecoin should I deposit?
A: USDT has highest liquidity; USDC offers greater transparency.
Q: How long do fiat deposits take?
A: Typically 1 business day for local transfers, up to 3 days for international.
Ready to begin? 👉 Fund your OKX account now