At OKX, you'll only incur fees when processing on-chain withdrawals, while internal transfers and deposits remain fee-free. The withdrawal fee is known as a gas fee, which compensates miners as a reward for their work.
For example, withdrawing crypto from your OKX account triggers a withdrawal fee. Conversely, when someone (you or another party) deposits crypto into your OKX account, no fee applies.
Note: Fee-free deposits only apply to amounts exceeding the minimum deposit threshold listed on the deposit details page. Deposits below this threshold may require customer support assistance for proper crediting, potentially incurring additional fees.
How Are Withdrawal Fees Calculated?
The system automatically computes fees. The default formula for the actual amount credited to your account on the withdrawal page is:
Actual Account Balance = Withdrawal Amount – Withdrawal Fee
Alternatively, you can manually verify the calculation:
Actual Account Balance = Withdrawal Amount – Withdrawal Fee
Key Notes:
- Fees depend on transaction complexity (higher computational demands result in higher fees).
- The system displays fees automatically before submitting withdrawal requests.
👉 Learn how to minimize withdrawal fees
How to Match Received Amount to Withdrawal Amount
- After entering withdrawal details, click Revert under Received Amount.
Select "Revert" to adjust the received amount as needed. - The system updates the received amount to match the withdrawal sum.
- Click Confirm to proceed if the transaction details align with your preferences.
Finalize by selecting "Confirm" when satisfied.
Important:
- To restore the default calculation, select Reinvest.
- The "Revert" option appears only after completing all withdrawal details (e.g., network and amount).
FAQs
1. Are OKX deposits always free?
Yes, except for deposits below the minimum threshold, which may involve manual processing fees.
2. Why do withdrawal fees vary?
Fees fluctuate based on blockchain network congestion and transaction complexity.
3. Can I preview withdrawal fees beforehand?
Absolutely. OKX displays fees automatically before confirming withdrawals.
4. What happens if my deposit is too small?
Sub-threshold deposits may require customer support intervention, possibly delaying crediting.
5. Is the "Revert" feature reversible?
Yes, use Reinvest to reset to the default calculation anytime.
6. Which networks have the lowest withdrawal fees?
Fees depend on real-time blockchain conditions. OKX recommends comparing networks during withdrawal.