You can convert OKX assets into cash through the following five steps: Sell the assets and select the fiat currency trading pair to place an order. Wait for the transaction to be completed. Withdraw the cash to the bank account. Pay attention to the withdrawal fees and consider using a P2P trading platform
How to exchange OKX assets for cash
#1. Sell assets
- Log in to your OKX account.
- Visit the Assets page and select the asset you want to sell.
- Enter the amount you want to sell and click "Sell".
2. Select the fiat currency trading pair
- Find the fiat currency trading pair (for example: BTC/USD) on the "Market" page.
- Select the currency you want to exchange (for example: USD).
3. Place an order
- Enter the amount of assets to be exchanged.
- Set the price and select the order type.
- Click "Place Order".
4. Wait for the transaction to complete
- The transaction will be executed in the OKX internal matching engine.
- After the transaction is completed, the converted cash will be deposited into your OKX fiat account.
5. Withdraw to bank account
- Visit the "Assets" page and select a fiat account.
- Click "Withdraw" and select the withdrawal method (for example: bank transfer).
- Enter the withdrawal amount and bank account information.
- Click "Confirm" and complete the withdrawal process.
Tips:
- Confirm the transaction details, including price, amount and legal currency trading pair.
- Pay attention to the withdrawal fees, which will vary depending on the withdrawal method.
- Consider using a P2P trading platform, which may offer better exchange rates.
- Follow OKX’s security protocols to ensure transaction security.
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