Want to move crypto from OKX to Binance — maybe to consolidate assets onto one platform? It's just a standard withdrawal-and-deposit operation between exchanges. As long as both sides use the same network and the address is correct, you're fine. Get your deposit address from the Binance Official website or Binance Official APP. iPhone users can check the iOS Installation Guide.
Before You Start
Both accounts need KYC: OKX requires verification to withdraw; Binance requires it to deposit.
Choose your coin: Any crypto supported by both platforms can be transferred. USDT is the most common choice — as a stablecoin, its price doesn't fluctuate during transit.
Select the right network: This is the most critical step. Find a network both platforms support. For USDT, both support TRC20, ERC20, and BEP20. Choose TRC20 for the lowest fees and fastest arrival.
Detailed Steps
Step 1: Get Your Binance Deposit Address
Open Binance APP → Deposit → Select USDT → Select TRC20 network. Copy the generated address.
Step 2: Initiate Withdrawal on OKX
Open OKX APP → Withdraw → Select USDT → Paste the Binance address → Select TRC20 (must match!) → Enter amount.
Step 3: Verify Everything
Do not skip this. Carefully check: Is the address correct? (Compare first and last several characters.) Is the network the same on both sides? Is the amount right? OKX will show the fee — your received amount is the total minus the fee.
Step 4: Complete Security Verification
OKX requires SMS, email, and/or authenticator codes. Enter them to confirm.
Step 5: Wait for Arrival
OKX processes the withdrawal internally (a few minutes), then the transaction goes on-chain. TRC20 confirmations take 1-2 minutes. Once confirmed, the funds appear in your Binance Funding wallet.
Fees
The fee depends on the network chosen. For USDT: TRC20 ≈ 1 USDT, BEP20 ≈ similar, ERC20 = several to 15+ USDT. This fee is charged by OKX — Binance's deposit side is free.
How Long Does It Take?
Typical total time: 10-30 minutes. This includes OKX internal review (a few minutes, longer for large amounts), blockchain confirmation (1-2 minutes for TRC20), and Binance processing (near-instant once confirmations are met). Network congestion or platform reviews can extend this.
Troubleshooting
Long delay: Check OKX withdrawal history for the transaction hash. Look it up on a blockchain explorer. If it shows confirmed but Binance hasn't credited, contact Binance support. If still confirming, wait. If OKX shows "processing," contact OKX support.
Withdrawal flagged for review: Large amounts may trigger OKX's risk controls. Complete the additional verification as requested — this is a standard security measure.
First-time transfer tip: Send a small test amount (e.g., 10 USDT) first. Confirm it arrives successfully, then send the rest. Minimal loss if something goes wrong.
Q: Will I be taxed on exchange-to-exchange transfers?
A: Inter-exchange transfers aren't taxed. You only pay the network withdrawal fee. However, if your overall trading generates profits, you may need to handle tax obligations per local regulations.
Q: Can I transfer CNY directly from OKX to Binance?
A: No. Exchanges can only transfer crypto, not fiat. Convert to crypto on OKX first, then transfer on-chain to Binance.
Q: Can I transfer any coin from OKX to Binance?
A: Only coins that both platforms support with at least one common network. Mainstream coins work without issues, but some niche tokens may only exist on one platform.