Entering funds into a cryptocurrency exchange is the first step toward active trading and investment. For users of OKX, one of the world’s leading digital asset platforms, there are multiple secure and efficient deposit methods available. This comprehensive guide walks you through the four primary ways to deposit funds on OKX — credit card purchases, wallet transfers, C2C trading, and over-the-counter (OTC) transactions — with clear steps, limitations, and best practices.
Whether you're new to crypto or expanding your trading strategy, understanding these options helps you choose the most suitable method based on speed, cost, and convenience.
👉 Discover how to start trading securely with flexible deposit options today.
Core Keywords
- OKX deposit
- Buy crypto with credit card
- Wallet transfer crypto
- C2C trading
- OTC trading
- Cryptocurrency funding methods
- Fast crypto purchase
- Secure crypto exchange
Method 1: Quick Buy with Credit Card
The fastest way to acquire cryptocurrency on OKX is through credit or debit card purchases. This method functions similarly to online shopping — simple, instant, and beginner-friendly.
How to Buy Crypto via Credit Card
- Log in to your OKX account and navigate to the "Buy Crypto" section.
- Select "Quick Buy".
- Choose your preferred fiat currency (e.g., USD, EUR, TWD).
- Enter the amount you wish to spend. The platform will automatically calculate the equivalent crypto value using the current market rate.
- Select credit card as your payment method.
- Fill in your card details (Visa, Mastercard, UnionPay, PayPal, LINE Pay, ShopeePay, Alipay, WeChat Pay — over 130 options supported).
- Confirm the transaction after reviewing fees and final price.
Funds typically reflect in your spot wallet within minutes.
Key Features & Limits
- Supported currencies: Over 94 fiat types, including TWD (New Taiwan Dollar).
- Maximum limit: Up to $100,000 USD equivalent per transaction (varies by region and currency).
- Speed: Instant execution.
- Ideal for: Beginners and users seeking fast entry into crypto markets.
⚠️ Always ensure your card issuer allows cryptocurrency transactions to avoid declined payments.
👉 Start buying crypto instantly using a trusted global exchange platform.
Method 2: Wallet Transfer (Deposit from External Wallets)
If you already hold cryptocurrencies on another exchange or wallet (like Binance or ACE), transferring them directly to your OKX account is both efficient and cost-effective.
Step-by-Step: Receiving Funds via Wallet Transfer
- Go to Assets > Deposit on OKX.
- Select the cryptocurrency you want to transfer (e.g., USDT, BTC, ETH).
Choose the correct blockchain network (e.g., ERC-20, TRC-20, BEP-20).
❗ Mismatched networks may result in permanent fund loss.
- Copy the provided deposit address or scan the QR code.
Now, initiate the withdrawal from your source wallet (e.g., Binance):
- Open your external wallet and select Withdraw.
- Paste the OKX deposit address.
- Select the same blockchain used earlier.
- Confirm with email/SMS verification.
Once processed, the funds will appear in your OKX account — usually within 10–30 minutes depending on network congestion.
Can You Deposit TWD Directly via Wallet Transfer?
No. OKX does not accept direct fiat deposits via wallet transfer. However, you can:
- Use a local exchange like ACE or MAX to buy USDT with TWD.
- Transfer that USDT to your OKX wallet.
Example: Buying USDT with TWD on ACE
- Register and complete KYC on ACE.
- Link your Taiwanese bank account (KGI Bank recommended for zero transfer fees).
- Deposit TWD via bank transfer using the provided account number.
- Trade TWD for USDT in the app under USDT/TWD market.
- Withdraw USDT to your OKX wallet using the correct chain.
This two-step process enables seamless TWD-to-crypto access on OKX.
Method 3: Peer-to-Peer (C2C) Trading
OKX’s C2C marketplace connects buyers and sellers directly, offering flexible payment methods and competitive pricing.
How C2C Works
- Navigate to Buy Crypto > C2C Buy.
- Browse verified sellers offering crypto for sale.
- Check seller metrics: trade volume, completion rate, verification badge (purple star).
- Select an offer matching your preferred price and payment method (bank transfer, Alipay, etc.).
- Place your order and complete payment according to instructions.
- Once confirmed by the seller, crypto is released to your wallet.
All trades are protected by OKX escrow — ensuring security even in disputes.
Availability Note
As of now, TWD-based C2C trading is not available on OKX. Users in Taiwan cannot use this method for local currency deposits. However, international users may trade using CNY (Chinese Yuan) or other supported currencies.
Despite this limitation, C2C remains ideal for those seeking lower fees and diverse payment options outside traditional banking channels.
Method 4: Over-the-Counter (OTC) Trading
For high-volume traders, OKX offers OTC desk services designed for large-scale transactions with minimal market impact.
Who Should Use OTC?
- Institutional investors
- High-net-worth individuals
- Traders executing orders over 100,000 CNY (~$14,000 USD)
Key Details
- Minimum order size: 100,000 CNY (varies by counterparty)
- Supported currency: Only CNY
- Execution model: Private negotiation with dedicated support
- Risk management: Enhanced KYC and independent compliance protocols
Due to its exclusivity and regulatory framework, OTC is currently not accessible to TWD users or those outside mainland China’s financial ecosystem.
While less accessible globally, it provides crucial liquidity solutions for major players avoiding slippage in open markets.
Verification Requirements Before Depositing
Before any deposit method can be used, OKX requires:
- Email and phone number binding
- Identity verification (KYC)
To unlock higher deposit/withdrawal limits and enhanced account protection:
✅ Complete Level 2 (Advanced) Verification
This includes submitting government-issued ID and a live selfie. Upon approval, you gain access to full platform features and increased transaction allowances.
Frequently Asked Questions (FAQ)
Q: Can I deposit Taiwanese Dollars (TWD) directly on OKX?
A: Yes — only through credit card purchases. Other methods like C2C or OTC do not currently support TWD.
Q: Is it safe to use credit cards on OKX?
A: Absolutely. OKX uses industry-standard encryption and fraud detection systems. Always enable two-factor authentication (2FA) for added security.
Q: Why isn’t my wallet transfer showing up?
A: Delays may occur due to network congestion or incorrect blockchain selection. Double-check the chain and address used during withdrawal.
Q: Are there fees for depositing funds?
A: Depositing crypto via wallet transfer is generally free (excluding network gas fees). Credit card purchases include processing fees (~1–3%).
Q: Can I reverse a mistaken transfer?
A: No. Blockchain transactions are irreversible. Always test with a small amount first when using a new address.
Q: How long do deposits take?
A: Credit card buys are instant; wallet transfers depend on network speed (typically under 30 minutes).
Final Thoughts
OKX supports four main deposit methods tailored to different user needs:
| Method | Best For | Speed | TWD Supported? |
|---|---|---|---|
| Credit Card | Beginners | Instant | ✅ |
| Wallet Transfer | Existing crypto holders | Fast | ❌ (but indirect via USDT) |
| C2C Trading | Low-cost buyers | Medium | ❌ |
| OTC Trading | Large-volume traders | Custom | ❌ |
While only credit card deposits support direct TWD funding, combining local exchanges like ACE with wallet transfers offers a viable alternative.
Regardless of your chosen path, always prioritize security: verify addresses carefully, enable 2FA, and keep private keys secure.
👉 Access fast, secure deposits and begin your crypto journey with confidence.
Note: This article is for informational purposes only and does not constitute financial advice or endorsement of any product or service. Cryptocurrency investments carry significant risk; conduct independent research before participating.