OKX is a popular virtual currency trading platform, especially for newcomers to crypto. However, some users encounter withdrawal restrictions on the same day they purchase coins. This article explains why this happens and how to resolve it.
Why Can’t You Withdraw After Buying Crypto on OKX?
To enhance C2C transaction security, OKX implements a "T+N" safety protection rule. This means assets purchased via C2C (peer-to-peer) transactions are temporarily locked and cannot be withdrawn or resold until after "T+N" days.
Key Reasons for Withdrawal Delays:
- Security Measure: Prevents fraudulent or high-risk transactions.
- Order Type: Applies only to active C2C buy orders (market takers).
- Lock Period: Varies by order (e.g., T+1, T+3, or T+7).
What to Do If Your Assets Are Locked?
- Wait for Automatic Release: The system lifts restrictions after N days.
File an Appeal (for T+3/T+7 locks):
- Navigate to:
Assets > Locked Assets > C2C Orders > Appeal. - Note: T+1 locks cannot be appealed—wait for auto-release.
- Navigate to:
👉 Need urgent help? Contact OKX Support
How to Buy Crypto on OKX
Buying crypto on OKX is straightforward, even for beginners. Follow these steps:
Step-by-Step Purchase Guide
- Select "Buy Crypto" on the OKX dashboard.
- Choose "Quick Buy" and enter your fiat amount (supports 94+ currencies).
Pick Payment Method:
- Credit/debit card (Visa, Mastercard, etc.).
- P2P or third-party platforms (varies by region).
- Confirm Details: Check the final exchange rate before payment.
- Complete Transaction: Enter card details and submit.
Limits and Notes
- Daily Buy Limit: ~$10,000 USD (varies by currency).
- Supported Payments: PayPal, Alipay, WeChat Pay, and more.
FAQs
1. Can I withdraw crypto immediately after buying it?
No. OKX enforces a "T+N" hold period for C2C purchases to ensure security.
2. How long does the lock last?
Depends on the order type:
- T+1: 1 day
- T+3: 3 days
- T+7: 7 days
3. What if I need the funds urgently?
For T+3/T+7 locks, file an appeal. T+1 locks require waiting.
👉 Learn more about OKX’s security policies
Key Takeaways
- OKX’s T+N rule protects users from scams.
- Withdrawal delays are normal—plan transactions accordingly.
- Use Quick Buy for instant purchases (credit/debit cards).
For further assistance, refer to OKX’s official guidelines or contact support.
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