USDT (Tether) is a blockchain-based stablecoin widely used for trading and transfers across cryptocurrency exchanges. This guide walks you through the process of transferring USDT from your OKX account to Binance securely and efficiently.
Prerequisites
- Active accounts on both OKX and Binance
- Sufficient USDT balance in your OKX wallet
- Correct USDT deposit address from Binance
Step-by-Step Transfer Process
1. Log In to Your OKX Account
- Visit the OKX official website and sign in using your credentials.
2. Navigate to the Withdrawal Page
- From the dashboard, locate the "Assets" tab.
- Click "Withdraw" under the USDT section.
3. Select USDT as the Transfer Currency
- Choose USDT from the list of available cryptocurrencies.
- Ensure the correct blockchain network is selected (e.g., ERC-20, TRC-20, or BEP-20). This must match Binance’s supported network.
4. Enter Binance’s USDT Deposit Address
- Log in to your Binance account and go to "Wallet" > "Fiat & Spot".
- Search for USDT, click "Deposit", and copy the provided address.
- Paste this address into OKX’s withdrawal field. Double-check for accuracy!
5. Confirm and Submit the Withdrawal Request
- Enter the amount of USDT you wish to transfer.
- Complete any required security verifications (2FA, email confirmation, etc.).
- Click "Submit" to initiate the transfer.
6. Wait for the Transaction to Process
- Network congestion may affect transfer times (typically 5–30 minutes).
- Track the transaction status via OKX’s "Withdrawal History" or the blockchain explorer using the provided TXID.
7. Verify the USDT Deposit in Binance
- Once completed, check your Binance USDT balance under "Assets".
- If funds aren’t visible, use the TXID to troubleshoot or contact Binance support.
Key Considerations
- Network Fees: Vary by blockchain (ERC-20 fees > TRC-20). Choose the most cost-effective option.
- Minimum Transfer Amount: Binance may require a minimum deposit (e.g., 1 USDT).
- Address Whitelisting: Enable this feature on OKX for added security.
FAQs
Q1: How long does a USDT transfer take?
A: Transfers usually complete within 30 minutes but can take longer during peak traffic.
Q2: What if I send USDT to the wrong network?
A: Recovery may not be possible. Always confirm the network (e.g., ERC-20 to ERC-20) before sending.
Q3: Why hasn’t my USDT arrived in Binance?
A: Check the TXID status. If pending, wait; if failed, contact OKX/Binance support with details.
Q4: Are there limits on USDT withdrawals from OKX?
A: Yes, withdrawal limits vary by account tier. Verify under "Account" > "Withdrawal Limits".
Q5: Which network is cheapest for USDT transfers?
A: TRC-20 typically has the lowest fees (~$1), while ERC-20 charges higher gas fees.
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Always ensure you’re using official exchange links to avoid phishing scams. For further assistance, consult OKX’s help center or Binance’s customer support.