How to Set Up an OKX Funding Password and How It Differs from the Login Password
In short: thelogin password controls access to your account, while the funding password controls spending.Before setting a funding password, you must first complete KYC verification; otherwise, the option will not appear.
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1. What Is a Funding Password?
A funding password is an independent password required for high-risk operations such as withdrawing coins or modifying security settings. Its main difference from the login password lies in usage scenarios — the login password is used daily, while the funding password is only triggered when moving assets.
Key Differences
| Login Password | Funding Password | |
|---|---|---|
| Purpose | Log into account | Withdraw coins, modify security settings |
| Usage frequency | Every login | Only for sensitive operations |
| Password rules | 8-32 characters, including uppercase/lowercase letters, numbers, and special symbols | 8+ characters, including uppercase/lowercase letters and numbers |
| Can it be the same as the login password? | — | No, the system enforces a different password |
The funding password is the "last line of defense" — even if your login password is leaked, without the funding password, assets cannot be withdrawn.
2. Setting a Funding Password for the First Time (App)
After completing KYC, follow these steps:
Open the OKX App, tap [Profile] at the bottom right → [Security Center]
Find the [Funding Password] option and tap to enter
The system will require identity verification via SMS or email code
Set a new funding password, confirm, and submit
Web path: Log in to the official website, click the avatar in the top right → [Security Center] → [Funding Password]
3. Changing the Funding Password (If You Remember the Old Password)
If you already have a funding password and want to change it:
Go to [Security Center] → [Funding Password Management]
Click [Modify Funding Password]
The system requires dual verification via Google Authenticator dynamic code or SMS
Enter your current funding password, then set a new one
The new password must not be the same as the login password
4. Forgot the Funding Password: How to Reset
If you forgot the old password, follow the reset process:
Self-service reset (App): Go to [Security Center] → [Funding Password] → Click [Modify Funding Password], select [Via SMS] or [Via Email], enter the verification code, and set a new password directly.
Web reset: After logging in on the official website, go to [Security Settings] → [Funding Password] → Click [Reset]. If Google Authenticator is bound, you must use the GA dynamic code for verification; this cannot be skipped.
Customer support channel: If your phone number is deactivated, email is invalid, or GA is lost, the self-service option will not work. Contact online customer support. Follow the prompts to upload front and back photos of your ID, recent transaction screenshots (including order number and time), and answer preset security questions. Review usually takes1-3 business days.
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5. Common Reasons for Setup Failure
Can't receive verification code: Check phone signal and email spam folder; frequent attempts may trigger rate limiting — wait 15 minutes and try again.
Can't find the option: First confirm whether KYC is completed; the funding password option only appears after identity verification is done.
New password rejected: Check if it matches the login password; the password must include uppercase and lowercase letters and numbers, be at least 8 characters long, and cannot be a continuous or repeated digit sequence.
FAQ
Are the funding password and trading password the same?In the OKX system, operations involving funds such as withdrawals and transfers all use the "funding password," which is also commonly referred to as the trading password. Functionally, they are the same thing, just different names.
Can I disable the funding password feature?No. For security reasons, OKX does not allow disabling the funding password function; all accounts must have it set.
After changing the funding password, will previously bound withdrawal addresses be cleared?No. Changing the funding password does not affect existing withdrawal addresses, but subsequent withdrawals will require the new password for verification.
After setup, it is recommended to perform a small test withdrawal to confirm the new password works and the process is normal. Regularly updating your funding password (every 3-6 months) is a good security practice.
