After successfully purchasing a digital asset like USDT with fiat currency, these funds are deposited into your [Funding Account]. If you wish to trade this asset for another cryptocurrency, such as Dogecoin (DOGE), you will first need to transfer it from your [Funding Account] to your [Trading Account]. This process, known as a fund transfer, is essential for participating in spot or other trading activities on the platform.
This guide provides clear, step-by-step instructions for executing internal fund transfers on both the OKX mobile app and the web platform.
Why Internal Fund Transfers Are Necessary
The OKX exchange segregates user funds into different sub-accounts for clarity, security, and dedicated purposes. The two primary accounts you will interact with are:
- Funding Account: This is the main hub for your assets. It is used for deposits, withdrawals, peer-to-peer (P2P) trading, and storing funds that are not currently active in trades.
- Trading Account: This account is specifically designed for active trading. To place an order on the spot, margin, or derivatives markets, the required funds must be available in this account.
Transferring between these accounts is instant, free, and does not involve any blockchain transaction fees, as it is an internal movement within your OKX ecosystem.
How to Transfer Funds on the OKX Mobile App
The OKX app offers a user-friendly interface, and you can initiate a fund transfer from several sections. The most straightforward method is through the Asset page.
Here is a detailed breakdown of the steps:
- Open the OKX app on your mobile device and log in to your account.
- Tap on the [Asset] tab located at the bottom of the screen.
- Select the [Transfer] option from the available menu.
- Choose the cryptocurrency you wish to move (e.g., USDT).
- Select [Funding Account] as the source (the "From" account).
- Select [Trading Account] as the destination (the "To" account).
- Enter the exact amount you wish to transfer in the [Quantity] field.
- Confirm the details and tap [Confirm] to execute the transfer.
Note: The direction of the transfer can be quickly swapped by tapping the arrow icon between the "From" and "To" account fields.
Alternate Path Within the App
You can also access the transfer function directly from the trading interface:
- While on the Trade page, tap the profile or account icon in the top left corner.
- From the menu that appears, select [Account Information].
- Then, choose [Transfer] to open the fund transfer window and follow the steps above.
How to Transfer Funds on the OKX Web Platform
The process on the OKX website is equally intuitive and follows a similar logic.
To perform a fund transfer via the web client:
- Log in to your OKX account on the official website.
- Click on [Asset Management] located in the top navigation bar.
- Select[Fund Transfer]** from the dropdown menu.
- A transfer pop-up window will appear. Here, choose the cryptocurrency (e.g., USDT).
- Set the source as [Funding Account].
- Set the destination as [Trading Account].
- Input the desired [Quantity].
- Review the details and click [Confirm] to complete the process.
Note: As on the mobile app, clicking the central arrow icon will instantly reverse the "From" and "To" accounts.
For a visual guide and to perform this action on the live platform, you can 👉 explore the transfer feature directly.
Frequently Asked Questions
Q: Are there any fees for transferring funds between my Funding and Trading accounts?
A: No, there are no fees for internal transfers between your sub-accounts on OKX. These movements are instant and free of charge.
Q: What should I do if my transfer is not showing up?
A: Internal transfers are processed immediately. First, ensure you transferred to the correct destination account (e.g., Trading Account for spot trading). Then, refresh the page or app. If the issue persists, check your transaction history for confirmation.
Q: Can I transfer any cryptocurrency between accounts?
A: You can only transfer cryptocurrencies that are supported and listed on the OKX exchange. Most major assets like BTC, ETH, and USDT are available for instant internal transfer.
Q: Is there a minimum amount required for a fund transfer?
A: Yes, there is a minimum transfer amount that varies for each cryptocurrency. If you enter an amount below this minimum, the system will not allow you to confirm the transfer and will display the requirement.
Q: How do I move funds back to my Funding Account?
A: The process is identical to moving funds to your Trading Account. Simply reverse the "From" and "To" fields: select [Trading Account] as the source and [Funding Account] as the destination.
Q: Where can I find a history of all my internal transfers?
A: You can view your transfer history by navigating to [Asset Management] > [Transfer Records] on the web or the [Asset] tab > [Transfer] > [History] on the mobile app.