How to Transfer Crypto from Bybit to OKX?

Thinking about moving your assets from Bybit EU to OKX? This guide walks you through every step of the process, clearly and safely.

OKX offers some of the most attractive spot trading fees available to European users. Maker fees start at 0.2% for users with a total balance or 30-day volume under €100,000, and can drop as low as 0.03% for high-volume traders.

OKX obtained its MiCA license in January 2025, making it one of the first global exchanges to operate under the EU's comprehensive crypto regulatory framework. Regulated services are available across multiple EEA jurisdictions (excluding Iceland).

OKX caters to both newcomers and professional traders. The Simple Mode in the OKX app lets beginners buy crypto in seconds, while advanced users can switch to Exchange Mode for advanced products and trading strategies, such as Spot Margin (up to 10x leverage), automated Spot Grid bots, DCA bots, and more.

OKX publishes regular global proof of reserves reports, confirming a 1:1 backing of all user assets. This gives you independent, verifiable assurance that your funds are fully covered.

As a regulated exchange, OKX operates under strict AML and CTF obligations. To ensure a seamless transfer:

1. Verify that both your Bybit EU and OKX accounts have completed full KYC (identity verification)

2. Ensure your personal details match across both platforms

3. Have your OKX account ID or registered email address ready, in case it's needed for Travel Rule compliance

1. Log in to your OKX account

2. Navigate to Assets > Deposit

3. Select the cryptocurrency you want to receive (e.g. ETH, BTC. SOL, USDC)

4. Choose your preferred network (e.g. TRC-20, ERC-20, BEP-20)

5. Copy your deposit address or use the QR code

1. Log in to your Bybit EU account

2. Click on Assets (top right corner of the homepage) and select Withdraw

3. Choose the cryptocurrency you want to send

4. Select On-Chain Withdrawal as the withdrawal method

5. Enter or select your OKX deposit address

6. Choose the same network you selected on OKX

7. Enter the amount you want to withdraw

8. Review the withdrawal fee and the final amount you will receive, then click Confirm

Bybit EU requires two-factor verification for on-chain withdrawals. You'll need to provide:

Your email verification code (click 'Send Verification Code' to receive it) Your Google Authenticator (2FA) code

If your OKX withdrawal address is already saved and verified in your Bybit EU address book, this verification step may be skipped automatically.

For crypto transfers above €1,000 within the EEA, the Travel Rule requires both exchanges to share sender and recipient information. You may be asked to provide:

• Your full name as registered on OKX

• Your OKX account ID or registered email address

• Confirmation that the destination wallet is yours

Depending on Bybit EU's internal compliance policies, this data may also be collected for transfers below the €1,000 threshold.

Before finalising, carefully check the following items:

1. Recipient address (OKX deposit address)

2. Selected network

3. Transfer amount and fee

Complete Bybit's multi-step security verification. This includes your trading password, an email verification code, and your Google 2FA or SMS code. After completion, click 'Confirm' to submit.

Once your withdrawal is submitted on Bybit EU, OKX will receive the on-chain transaction and any relevant Travel Rule data. OKX's compliance team will run standard checks on incoming transfers. If your transaction is flagged, OKX may contact you for additional verification of your sending address or supporting documentation.

After the transaction is confirmed on the blockchain and clears compliance review, your crypto will be available in your OKX wallet. You can track the progress of your transfer via:

• Bybit EU: Assets > Funding Account > History (Withdrawal tab)

• OKX: Assets > Deposit History

Bybit EU processes withdrawals immediately in most occasions, though confirmation times vary depending on blockchain network traffic. Standard processing is typically completed within 30 minutes to one hour.

When you bring your assets to OKX, they're protected by a multi-layered security framework:

1. Advanced Encryption & Multi-Signature Protocols Sensitive data and transactions are secured using advanced encryption and multi-signature protocols.

2. Regulatory Compliance OKX operates under active regulatory licences and adheres to local legal requirements across all markets.

3. Monthly Proof of Reserves OKX provides transparent monthly proof of reserves (PoR). Independent verification that your assets are fully backed, published on a regular basis.

4. Insurance fund An additional safety net designed to protect users in the event of unexpected market events.

Keeping your account secure is a shared responsibility. Here are the basics to stay protected:

1. Always enable two-factor authentication (2FA)

2. Use a strong, unique password, avoid reusing passwords from other platforms

3. Never share your account credentials or personal details with anyone

4. Check your account activity regularly and report anything unusual

Pairing OKX's institutional-grade security infrastructure with these habits gives you a strong foundation for managing your crypto safely.