Only local UAE banks are supported. Make sure you're transferring from your own bank account and the name on your OKX account matches the name on your bank account. Deposits from third parties will be rejected. While we don't charge a fee for AED deposits via bank transfers, additional transfer fees may be charged by your bank. In the event of system downtime, downtime with our banking providers, deposits may be delayed.

You can complete an AED withdrawal to your bank account from your OKX account. AED local bank transfers are currently only offered to our UAE customers.How do I make a AED withdrawal?On the web Log in to your account at okx.com.

Select AED and + Add account to connect your bank account via Simple bank transfer Select Next to add your account 3.

Customizable strategies: Carry trades (spot vs future/perp), futures spreads (future vs future/perp), call/put spreads, calendar spreads, butterfly spreads, condors, ratio spreads, diagonal spreads, back spreads. Options/volatility strategies: collars, straddles, strangles, covered call, protective put, synthetic futures. Creation of synthetic currency pairs by going long one name and short another. For example, BTC/USDT vs AVAX/USDT booked atomically create a synthetic BTC/AVAX pair.

Currently, we support: Spot vs Perpetual, Spot vs Futures, Perpetual vs Futures, and Futures vs Futures. Futures for now include Bi-Quarterly Futures and Quarterly Futures.3. How do I interpret the bid and ask prices on the spread tiles? The prices on the tiles indicate the spread between the filled prices of the two instruments after the trade is filled. The spread will be equal to the filled price of the further dated instrument minus the nearer dated instrument.

Comparison: Traditional Bank Accounts vs Web3 Wallets Category Traditional Bank Account Web3 Wallet Password recovery Reset by the bank Only recoverable via seed phrase or private key Asset control Custodied by the bank Fully controlled by the user Risk responsibility Partial compensation may apply User bears full responsibility Important Notes on Backing Up Seed Phrases and Private Keys To ensure the safety of your assets, please follow these best practices when backing up your seed phrase or private

Trade all sorts of spreads: carry trades (spot vs future/perp), futures spreads (future vs future/perp), call/put spreads, calendar spreads, butterfly spreads, condors, ratio spreads, diagonal spreads, back spreads. Bespoke instruments: customize your own strategies with up to 20 legs.

This opens a menu for fields that take on specific values (expiry date or strike price), a text input for numerical values (quantity), or a button to flip values that can only take binary input (buy vs sell, put vs call, USDT vs Coin margined). The other is to either select on the value in the "product" column" or tab "add leg" below the final leg of your strategy.

Source of Wealth is defined as the origin or means through which an individual or entity has acquired their financial resources.Acceptable documents you can submit as proof of Source of Funds and Source of Wealth: Source of funds/wealth Source of funds proof type Salary Mandatory: Bank statement (past 3 months) or bank letter showing salary earnings and displaying the employer's name If your bank statement doesn't show your employer's name in the salary transactions, kindly upload one of the following

app or online banking to transfer funds to the recipient bank account shown in the deposit instructions This is a unique bank account number assigned to you.

Web: verify the ownership of your bank account App: verify the ownership of your bank accountFAQ1. Why am I not able to see the "Withdraw cash" feature? To comply with local laws and regulations, cash withdrawals are only available in specific regions. This may mean that your account is currently not eligible to access this feature.2. Can I make a withdrawal while my bank account verification is still pending? No.

For declined transactions, your bank may place a temporary hold on the amount when the payment attempt is made. These funds are usually released automatically within a few days, depending on your bank’s processing time. If the hold hasn’t been released after a week, we recommend reaching out to your bank for further assistance.8. After completing my purchase with a debit or credit card, where can I view the crypto I purchased?

Gross income Bank statements showing monthly salary and/or rental income of the past 3 months, employer salary letters, documents proving annual profit for non-salaried individuals. Note: Local or foreign bank statements must show your cash holdings over the last 30 days. Statements of your portfolio value and your virtual asset holdings must be generated within the past 7 days. Property valuation documents must be issued by RERA or a UAE-based bank.7.

Bank statement. Credit card statement. IBAN letter. Utility bills such as landline/internet bills, or electricity and water bills. Lease agreement or tenancy contract (for example, EJARI). Title deed. When submitting your Proof of Address (POA), please ensure the following: The document must contain your residential address. Bank statements, credit card statements, IBAN letters and utility bills must be issued within the past 3 months.

Find out more on how to deposit and withdraw AED in the following articles: How do I deposit AED with Simple bank transfer？ How do I deposit AED with bank transfer? How do I withdraw AED with bank transfer? Trading in AED pairs provides you an opportunity to trade crypto with their local currency. You'll have access to USD trading pairs and the option to deposit and withdraw USD to your bank account through an international wire transfer.