Only local UAE banks are supported. Make sure you're transferring from your own bank account and the name on your OKX account matches the name on your bank account. Deposits from third parties will be rejected. While we don't charge a fee for AED deposits via bank transfers, additional transfer fees may be charged by your bank. In the event of system downtime, downtime with our banking providers, deposits may be delayed.

You can complete an AED withdrawal to your bank account from your OKX account. AED local bank transfers are currently only offered to our UAE customers.How do I make a AED withdrawal?On the web Log in to your account at okx.com.

Select AED and + Add account to connect your bank account via Simple bank transfer Select Next to add your account 3.

This feature makes sharing digital assets convenient and enjoyable, enhancing your gifting experience in the digital age.How do I send a Crypto gift? Once on the app, select Menu to enter the functions menu, before selecting Crypto gift Note: app version must be at least version 6.85.0 onwards. Select Crypto gift to start rewarding your network Select Send gift when you're on the main page of it to proceed to the next page.

Source of Wealth is defined as the origin or means through which an individual or entity has acquired their financial resources.Acceptable documents you can submit as proof of Source of Funds and Source of Wealth: Source of funds/wealth Source of funds proof type Salary Mandatory: Bank statement (past 3 months) or bank letter showing salary earnings and displaying the employer's name If your bank statement doesn't show your employer's name in the salary transactions, kindly upload one of the following

app or online banking to transfer funds to the recipient bank account shown in the deposit instructions This is a unique bank account number assigned to you.

Web: verify the ownership of your bank account App: verify the ownership of your bank accountFAQ1. Why am I not able to see the "Withdraw cash" feature? To comply with local laws and regulations, cash withdrawals are only available in specific regions. This may mean that your account is currently not eligible to access this feature.2. Can I make a withdrawal while my bank account verification is still pending? No.

For declined transactions, your bank may place a temporary hold on the amount when the payment attempt is made. These funds are usually released automatically within a few days, depending on your bank’s processing time. If the hold hasn’t been released after a week, we recommend reaching out to your bank for further assistance.8. After completing my purchase with a debit or credit card, where can I view the crypto I purchased?

Gross income Bank statements showing monthly salary and/or rental income of the past 3 months, employer salary letters, documents proving annual profit for non-salaried individuals. Note: Local or foreign bank statements must show your cash holdings over the last 30 days. Statements of your portfolio value and your virtual asset holdings must be generated within the past 7 days. Property valuation documents must be issued by RERA or a UAE-based bank.7.

Bank statement. Credit card statement. IBAN letter. Utility bills such as landline/internet bills, or electricity and water bills. Lease agreement or tenancy contract (for example, EJARI). Title deed. When submitting your Proof of Address (POA), please ensure the following: The document must contain your residential address. Bank statements, credit card statements, IBAN letters and utility bills must be issued within the past 3 months.

Find out more on how to deposit and withdraw AED in the following articles: How do I deposit AED with Simple bank transfer？ How do I deposit AED with bank transfer? How do I withdraw AED with bank transfer? Trading in AED pairs provides you an opportunity to trade crypto with their local currency. You'll have access to USD trading pairs and the option to deposit and withdraw USD to your bank account through an international wire transfer.

You'll need to select the currency and your bank or payment system. Confirm this info with an authenticator, email, or SMS code, and select Add again. To delete any payment method, just select it and select Delete. Note that you'll need at least 1 payment method to receive funds from other merchants.What should I do if my bank card is frozen? Usually, this issue is related to your bank's actions or regulations.

What are the challenges of crypto options trading? The market infrastructure for crypto options trading is relatively new and is still evolving. Up until recently, traders were still often facing some significant risks, such as: Liquidity issues: only certain coins and exchanged listed strikes and expiries are quoted on exchanges. This can result in wide bid/ask spreads and limit the choices to express a view or hedge a risk.

Funds unavailable for withdrawal may still be available for bank account withdrawal. You can convert the unavailable funds back to cash and withdraw the equivalent value of recently deposited cash (in local currency) to your linked bank accounts. Note: this function is unavailable in certain regions.Can the hold be removed early? The hold is applied automatically by our risk system and cannot be manually removed or shortened by the support team.

These funds are usually released automatically within a few days, depending on your bank’s processing time. If the hold hasn’t been released after a week, we recommend reaching out to your bank for further assistance.