Moving money on the Okcoin app is easy — you can deposit funds into your Okcoin account in just a few steps, so you can start buying crypto quickly. Here’s how to get started:
- Select "Deposit" from the quick actions row on the homepage
- Choose a payment method
The payment methods available to you may vary depending on your region. ACH bank transfers, for instance, are only available in the United States.
Adding a payment method
- Select the amount you want to deposit
Enter the amount you'd like to deposit into your Okcoin account. The minimum is $10, and maximum limits depend on your identity verification level. Learn more about cash deposit limits.
Selecting deposit amount
- Review deposit information and confirm the transaction
This step may vary according to the payment method used. ACH transfers require only that you confirm the deposit information. Wire deposits must be initiated via your bank app using information provided by Okcoin, such as your User ID and other banking details.
Reviewing deposit summary
Deposit methods available to US customers
Bank account (ACH)
ACH instant transfers are the recommended method for funding your account if you live in the US. Instant transfers have no fees and your funds are usually available immediately.
For ACH instant transfers, you will need to link a bank account via Plaid or Yodlee using your bank username and password. Once your bank account is linked, you’ll be able to select it as a payment method and use it seamlessly in the future.
Completing an ACH deposit
Note - When it comes to ACH bank transfers, Okcoin will give you instant buying power to purchase crypto, however you won't be able to withdraw the funds or any crypto bought with them for up to 10 days. This is because the funds actually take a few days to reach your account.
Wire transfers are typically used when transferring large amounts. A wire transfer must be submitted through your bank using information provided by Okcoin, such as your User ID and other banking details.
Fees for wire transfers vary depending on your bank and your funds will typically reach your account within 5 business days.
For a smooth deposit experience, make sure the name linked to your bank account matches your name on Okcoin. Also remember to include your User ID in the memo section of your wire transfer request.
Debit cards are a very practical payment method. Input your card information and billing address and you’re set! Learn more about debit card fees and processing times here.
Adding a credit card
Limits and identity verification
The amount you have available to deposit and withdraw can vary depending on the payment method you use and on your level of identity verification. Find out more about deposit and withdrawal limits here.
We’re here to help
If you have any questions or need assistance, please reach out to our support team at email@example.com - we’re here to help!