How to Deposit ICP on OKX? Internet Computer Funding Tutorial

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No Memo is needed for depositing ICP to OKX. You just need to copy the ICP deposit address provided by OKX and paste it on the sending platform. There is no extra numeric tag to fill in.

OKX Exchange
A leading global cryptocurrency platform,suitable for both beginners and experienced traders.
New user benefit: 20% off trading fees upon registration!!

Prerequisites

Before you start, confirm two things:

  • You have completed identity verification (KYC) on OKX, otherwise the deposit function will be unavailable.

  • You hold ICP in another exchange or wallet and you know how to initiate a withdrawal.

Steps

Case A: Deposit ICP from an external wallet or another exchange to OKX

  1. Get your OKX ICP deposit address: Open the OKX App or web version, go to [Assets] - [Deposit]. Type "ICP" in the search box, select the ICP (Internet Computer) network. The system will generate a string starting with "r7" – this is your deposit address. Copy it. The page will not display a Memo or Tag input box, which means ICP does not require an extra tag.

  2. Initiate the transfer on the sending platform: Go to where your ICP is held (e.g., another exchange or wallet), choose "Withdraw" or "Send". Paste the address copied in step 1 into the "Recipient address" field.

  3. Verify the address and submit: Make sure the network selected on the sending platform is also ICP (Internet Computer). If you choose a network like BSC or ERC20, your assets will be lost. After verifying the address is correct, enter the amount, confirm the miner fee, and submit the transaction.

    • When is it considered complete? The sending platform shows "Withdrawal successful" and generates a TxID (transaction hash).

Case B: Buy ICP with funds on OKX

  1. First make sure your OKX account has USDT or fiat balance. If not, go to the [Buy Crypto] page to fund your account first.

  2. Go to [Trade] - [Spot Trading], search for "ICP", and select the ICP/USDT trading pair.

  3. Enter the amount you want to buy. A market order will be filled instantly; a limit order will be placed and wait to be filled.

    • When is it considered complete? The order status shows "Filled" and your ICP balance increases on the [Assets] page.

Common Failure Reasons and Risk Reminders

  • Common failure reason: Choosing the wrong deposit network. If you send ICP via another network (such as ERC20 or BSC) to OKX's ICP mainnet address, the funds will not be credited automatically and will require manual processing by customer support, which is a complicated procedure.

  • Risk reminder: OKX gives each user a fixed ICP deposit address, but it is recommended to re-check the deposit page before each deposit to confirm that the platform has not suspended ICP deposits and withdrawals due to a mainnet upgrade. Forcing a transfer under such circumstances may result in a long delay in fund arrival.

  • Arrival time: Deposit crediting depends on the ICP network confirmation speed and the number of confirmations required by OKX. It may take longer during network congestion, but is usually completed within a few minutes.

OKX Exchange
A leading global cryptocurrency platform,suitable for both beginners and experienced traders.
New user benefit: 20% off trading fees upon registration!!

How to Confirm Correct Operation

After the transfer is done, go to OKX [Assets] - [Transaction History] and filter by ICP. If you see a record with "Deposit pending" or "Deposit successful", it means the address was correctly filled in and the funds have entered OKX's system. If the TxID shows "Success" on an ICP blockchain explorer for more than 30 minutes but OKX does not show the credit, contact OKX customer support with the TxID.