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X Layer upgrade and OKT/OKB asset handling FAQ
X Layer is an open and decentralized public blockchain launched by OKX and isn't limited to serving the OKX exchange.Can OKB be used to offset exchange trading fees? No. OKB can't be used to offset exchange trading fees, and holding OKB doesn't affect fee discount tiers.Published on Aug 13, 2025Updated on May 29, 202630Why is my deposit/withdrawal suspended?
Please stay tuned to our announcements for the most up-to-date status reports.Network upgrade (Deposit/withdrawal suspension) The project team takes care of mainnet migration. Once it's completed, there will be an announcement on the website that you can refer to. If I encounter this situation, what should I do?Published on Aug 31, 2023Updated on May 29, 20261,044How do I download my account statements?
date, please follow these steps: Go to My assets > Account statement to view the available monthly statements Select Download at the bottom of the Account statement page Select Customized statement Select your preferred date, then select Generate Select Generate to view the statement Once the statement is ready, you can select Download to download the statement The statement might take some time to generate.Published on Nov 6, 2024Updated on Jun 2, 20261Crypto Tax Reporting
Please make sure to provide OKX with up-to-date and accurate tax information and tax forms for your OKX account.Published on Sep 24, 2025Updated on May 29, 20262What's demo trading and how do I use it?
On the other hand, futures trading lets you practice entering contracts to buy or sell a certain amount of cryptocurrency at a specified future date and price.How can demo trading help improve my confidence? Demo trading allows you to practice your decision-making skills and strategies in a simulated environment.Published on Oct 1, 2025Updated on May 29, 20263How do I get my individual account verified?
Open the menu in the top left cornerIdentity verification Provide the required information about yourself and make sure everything is up-to-date and correct. Basic info Country of Residence Nationality Local Language name (if applicable) Full name Date of birth ID number ID type Social Security Number (SSN) Note: it's mandatory to provide your Social Security Number (SSN) for you to pass the identity verification process.Published on Aug 7, 2024Updated on May 29, 202637Tax Center General FAQ
Transaction Details: The date of the transaction, the specific asset, and the quantity. Cost Basis: Starting with crypto acquired on OKX in Tax Year 2026 and sold on OKX in 2026 or later, the form will expand to include the cost basis for these "covered securities" (assets acquired on OKX after the regulation start date).When will I receive my tax forms? Form 1099-MISC: Available by February 2, 2026 (for those who earned $600+ in rewards/staking). Form 1099-DA: Available by February 17, 2026.Published on Nov 25, 2024Updated on May 29, 202615What are Source of Funds (SoF) and Source of Wealth (SoW)?
Shows your full name, amount, date of transaction, and name of the centralized crypto exchange (e.g., Binance or Coinbase) Staking reward statement Shows your full name or wallet address, reward amount, and date of reward Sale of assets (non-digital) Brokerage Account Statement Shows the sale of securities Sale Record Shows official transaction records Legal Professional Letter Shows asset sale details (For example: Lawyer's confirmation) Bank Statement Shows the transaction history of receivedPublished on Dec 24, 2024Updated on May 29, 2026856What should I do if my withdrawal was sent to the wrong user ID (UID)?
Provide the following details: Your UID and account information (for example, name, email address, date of birth) The recipient’s UID (if known) Reference ID Date, time, and amount of the withdrawal Our Support team will review the case and attempt to reach out to the recipient on your behalf. Notes: We'll not disclose another user’s personal information due to privacy and compliance requirements. The return of funds depends entirely on the recipient’s cooperation.Published on Oct 13, 2025Updated on May 29, 202622What onboarding information is required for a fund?
Provide identifying information Provide identifying information for the government-owned enterprise, such as your institution’s legal full name, registration address, registration number, date of incorporation, principal place of business (if different from the registered address), institution type, and industry, amongst other pertinent and verifiable data.Published on Oct 13, 2023Updated on May 29, 2026125How do I turn on and sync multiple charts on a screen?
It supports synchronized settings such as symbols, intervals, crosshairs, and time or date ranges, charts in our multiple-chart layout currently function independently. Order and position lines are also displayed only in the single-chart layout. Note: the multiple-chart sync feature is available on the web version only.Published on Aug 9, 2024Updated on May 29, 202633What onboarding information is required for the government-owned enterprise?
Provide identifying information Provide identifying information for the government-owned enterprise, such as your institution’s legal full name, registration address, registration number, date of incorporation, principal place of business (if different from the registered address), institution type, and industry, amongst other pertinent and verifiable data.Published on Oct 13, 2023Updated on May 29, 202663What is DEX Boost and how do I participate?
DEX Boost is an incentive program launched by the platform to reward active users who conduct on-chain transactions within the DEX ecosystem. Through this program, eligible users can participate in the X Launch event and share rewards based on their trading activity and asset holdings, while also providing quality projects with real users and exposure.How do I participate in DEX Boost?Eligibility requirements To participate, you must enable DEX trading (Dex wallet) in the OKX app.Published on Dec 13, 2025Updated on May 29, 20261What onboarding information is required for a privately owned company?
Provide identifying information Provide identifying information for the government-owned enterprise, such as your institution’s legal full name, registration address, registration number, date of incorporation, principal place of business (if different from the registered address), institution type, and industry, amongst other pertinent and verifiable data.Published on Oct 13, 2023Updated on May 29, 2026285How do I manage my tax account and documents?
Navigate to the Tax Center by entering via the Menu optionWhy does my tax form show a different date than my local records? OKX uses Coordinated Universal Time (UTC) for all tax reporting. A transaction occurring late on December 31 in the US might be recorded as January 1 UTC and will appear on the following year’s tax form.How do I update my SSN or Taxpayer ID? To ensure your forms are filed correctly, your information must be accurate.Published on Nov 4, 2025Updated on May 29, 2026