How to Deposit VET on OKX? VeChain Funding Tutorial
To deposit VET (VeChain) on OKX, you follow a standard on-chain process: log in → obtain your VET deposit address → initiate a transfer from your external wallet. The key is to ensure you are depositing native VET on the VeChain Mainnet, the deposit address starts with "0x", and no Memo is required.
VET is the native token of the VeChain ecosystem, used for paying transaction fees and participating in ecosystem governance. Below are the complete steps to transfer VET from an external wallet to OKX.
Prerequisites
You have registered an OKX account and completed identity verification (KYC). Only after verification can you use deposit and trading functions.
The VET you hold is on the VeChain Mainnet, and your wallet has sufficient balance to cover the transfer fee (VeChain network gas fees are paid in VET).
The wallet where your VET is held (such as VeChainThor Wallet, MetaMask configured for VeChain network) supports VeChain Mainnet transfers.
Step 1: Log in to OKX and Get Your VET Deposit Address
App:
Open the OKX App, tap [Assets] at the bottom → [Deposit].
In the search box, enter "VET" or "VeChain", then select VET.
Select [VeChain Mainnet] or [VeChain] — this is the most critical step; choosing the wrong network will result in loss of assets.
The page will display a deposit address starting with "0x". Tap to copy it.
Web:
Log in to the OKX website, click [Assets] → [Deposit].
Search for VET and select VeChain Mainnet.
Copy the displayed deposit address.
Completion Criteria: You have successfully copied the VET deposit address generated by OKX.
VET deposits do not require a Memo/Tag, unlike XLM or XRP; only the deposit address is needed.
Step 2: Initiate a VET Transfer from Your External Wallet
Open the wallet where you hold VET (such as VeChainThor Wallet, Trust Wallet, or another exchange supporting VeChain Mainnet).
Select "Send" or "Transfer" and paste the OKX deposit address copied in Step 1.
Enter the amount of VET you wish to deposit (it is advisable to reserve a small amount for gas fees).
Confirm the network: double-check that the transfer network selected in your wallet or exchange is VeChain Mainnet, not a testnet or other chain.
After verifying the address is correct, confirm the transfer.
Completion Criteria: The transfer has been submitted successfully and a transaction hash (TxID) has been generated.
Step 3: Confirm Receipt
Return to the OKX App or website, go to [Assets] → [Deposit History] to check the status.
A VET deposit requires confirmations on the VeChain Mainnet, typically completed within 1-5 minutes.
When the deposit record status changes to "Completed" and the VET balance on the [Assets] page increases, the deposit is successful.
Completion Criteria: The OKX Assets page shows that the VET balance has been updated.
Common Reasons for Failure
Wrong Network Selection
The most common error when depositing VET is selecting the wrong network. VeChain Mainnet addresses start with "0x", while testnet or other network addresses have different formats. If the network selected on the sender's side does not match the OKX side, the funds will not be credited and may even be permanently lost.
Risk Reminders
Networks must match: When depositing VET, both the OKX side and the sending side must select VeChain Mainnet (VeChain Mainnet). Choosing a testnet or another network incorrectly may result in irretrievable assets.
Address verification: After copying the deposit address, verify each character when pasting to prevent clipboard hijacking.
Minimum deposit amount: OKX sets a minimum deposit limit for each cryptocurrency; deposits below this limit may not be credited.
Test with a small amount first: For first-time deposits or when unfamiliar with the process, it is recommended to transfer a small amount of VET first to confirm receipt before proceeding with larger amounts.
How to Confirm a Deposit is Complete
After submitting the deposit, check the status in OKX [Deposit History]. When the status changes from "Processing" to "Completed" and the VET balance in [Assets] increases, the deposit is successful.
