While Binance is the world's largest exchange, some users want to move a portion of their assets to OKX for diversification or specific needs. This article walks you through the process.
If you don't have a Binance account yet, register a Binance account first. We recommend getting the Binance APP for withdrawals.
Step-by-Step Instructions
Step 1: Get the Deposit Address on OKX
- Open the OKX APP
- Go to "Assets" > "Deposit"
- Select the cryptocurrency to deposit (e.g., USDT)
- Select the network (TRC20 or BSC recommended)
- Copy the deposit address
- If there's a MEMO/TAG, copy that as well
Step 2: Initiate Withdrawal on Binance
- Open the Binance APP
- Go to "Wallet" > "Withdraw"
- Select the cryptocurrency
- Paste OKX's deposit address
- Select the same network as OKX
- Enter the withdrawal amount
- Confirm the fee and amount to be received
- Complete security verification (email + SMS + Google Authenticator)
- Confirm the withdrawal
Step 3: Wait for Arrival
- Binance's withdrawal review is usually fast
- TRC20 transfers typically arrive in 1–5 minutes
- Check the deposit record on OKX to confirm arrival
Binance Withdrawal Fee Reference
| Crypto/Network | Approximate Fee |
|---|---|
| USDT/TRC20 | 1 USDT |
| USDT/BEP20 | 0.29 USDT |
| USDT/ERC20 | 3–15 USDT |
| BTC/BTC | 0.0001–0.0002 BTC |
| ETH/ERC20 | 0.001–0.005 ETH |
| ETH/Arbitrum | 0.0001 ETH |
Important Notes
- Address and network must match: The chain selected on OKX and Binance must be exactly the same
- Double-check the address: Compare the first and last characters after pasting
- Don't forget the MEMO: When transferring XRP, ATOM, and similar tokens, always include the MEMO
- Withdrawal whitelist: If you've enabled the withdrawal whitelist on Binance, add the OKX address to the whitelist first
- Withdrawal limits: Binance has different daily withdrawal limits based on your KYC level
Asset Diversification Advice
While we recommend keeping primary assets on Binance (better security and features), some diversification is a valid risk management strategy:
- Keep main trading funds on Binance (lower fees, better liquidity)
- Spread a small portion of assets to other platforms
- Store large, long-term holdings in a hardware wallet
- Don't spread across too many exchanges (difficult to manage and increases security risks)
FAQ
Q: Does Binance require review for withdrawals? A: Small amounts are usually auto-approved. Larger amounts or risk-flagged transactions may require manual review, typically within 30 minutes.
Q: Can I use Binance's internal transfer to send to OKX? A: No. Internal transfers only work between Binance users. Cross-platform transfers must go through on-chain transactions.
Q: Can I cancel a withdrawal after initiating it? A: If still under review on Binance, yes. Once it's broadcast on-chain, it cannot be cancelled.
Summary
Transferring crypto from Binance to OKX follows the same pattern as any cross-platform transfer: get the OKX address, withdraw from Binance, and wait for arrival. Choosing TRC20 or BSC networks gives you lower fees. Just verify the address and network, and you're all set.
Use Binance as your primary exchange — register on Binance for the best trading experience.