During the AMA, Hao revealed that OKEx plans to make changes to its infrastructure to avoid any future suspension of the withdrawal feature. Over a month ago, on Oct. 16, OKEx first announced that it is suspending any withdrawals due to one of the private key holders of the exchangeâs assets assisting in [â¦] Following the withdrawal announcement, regional reports claim that Okexâs founder Mingxing âStarâ Xu was taken away by the police. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. Buy DeFi tokens like YFI, UMA, LEND, MKR, CRV, COMP, SUSHI, and others. â Jay_OKEX_CEO (@JayHao8) October 16, 2020. Buy DeFi tokens like YFI, UMA, LEND, MKR, CRV, COMP, SUSHI, and others. In a recent update, the Okex has put up an official announcement that the withdrawals would restart before 27 November 2020. Then, select the applicable preferred withdrawal method and BTC withdrawal network. According to the announcement, the exchange initially paused its withdrawal service due to âwell-known reasons.â Indeed, BeInCrypto previously reported that Xu, who is reportedly one of ⦠Hours after the founder of OKEx regained his freedom from police custody, the crypto exchange has announced that it will resume its withdrawal service next week. Firstly, navigate to the drop-down menu "Assets" on OKEx and click on Withdraw. Emailed the support team now...any ideas/ or ideas on how long support take to reply? So when ahead and withdrew the whole doge amount to binance wallet, but it has been stuck on âwithdrawal in progressâ for 4 hours now! Withdrawal successful: the process has been completed. OKEx, a popular cryptocurrency spot and derivatives exchange, today announced that withdrawal services of all crypto assets will be resumed on or before November 27th.As a security measure to safeguard usersâ funds, withdrawals from the exchange were temporarily suspended on October 16th, with all other functions on the platform remaining unaffected. It's the admin password, not your login password you have to type in. Withdrawal limits for - Unverified accounts: 0 KYC level 1 accounts: 0.5BTC every 24 hours KYC level 2 & 3 accounts: 100BTC every 24 hours (may increase according to the user's trading volume) The new withdrawal limits will apply at: 14:00 August 28, 2018 Hello everyone, iv been trying to withdraw ada from my okex account to my yoroi wallet, but each link I use from yoroi, okex gives me the "invalid withdrawal address" error, what is the cause of this and how do I resolve the issue? Press question mark to learn the rest of the keyboard shortcuts. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. Meitu buys BTC and ETH, China discusses DCEP, Bitmain probed for illegal hires, How to withdraw BTC, ETH and more using Unstoppable Domains on OKEx. OKEx is the worldâs largest cryptocurrency, spot & derivatives and bitcoin exchange. Malta-based cryptocurrency exchange, OKEx announced within the hour leading up to press time that it had suspended withdrawal of cryptocurrencies on its platform. use the following search parameters to narrow your results: OKEx is a world-leading cryptocurrency exchange, providing advanced financial services to traders globally by using blockchain technology. Buy cryptocurrencies like Bitcoin and Ethereum, use our derivatives exchange to trade futures and options. You have to wait 24 hours. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. OKEx is a world-leading cryptocurrency exchange, providing advanced financial services to global traders by using blockchain technology. OKEx said Thursday it will resume withdrawal service as soon as this week, after founder Mingxing âStarâ Xu was said to have been released from police custody in China. Why do they make everything so difficult. So so incredibly dumb haha. : OKEx finally tweets their announcement on the withdrawal suspension. 12:00p.m. You can then choose "On-chain" or "Internal" as the withdrawal method. I was so stupid I guess for making a big deal out of it. I have the same problem: - the OKEx platform is rejecting the ADA Shelly withdrawal addresses dynamically generated by Yoroi. An OKEx spokesperson told another news media that Star Xu is not connected with the exchange. [â]timu22[S] 0 points1 point2 points 3 years ago (0 children), Yeah I gave up for now as they didn't have any coins I want that are only available on OKEx, [â]5fiftyseven7 1 point2 points3 points 3 years ago (4 children). Troubled China-based crypto exchange OKEx is set to resume its withdrawal services starting Friday after a successful withdrawal test by the exchange. and join one of thousands of communities. Buy cryptocurrencies like Bitcoin and Ethereum, use our derivatives exchange to trade futures and options. I set that up and OKex won't allow me to withdraw my ITC. The said crypto exchange currently faces withdrawal suspension which is one of the most unusual exchange failures in the crypto world. Yet, during withdraw, I enter my Fund Password with the most recent SMS code, it says "Admin password error". If they make it as hard to deposit, I'd probably come back lol. Yet the CEO of Okex exchange had assured the security of funds.. Asks for a binded email? onwards. Example: If you are Lv1 user, you have a 300 BTC equivalent withdrawal limit. So PeakDefi listing on OKEx this month is truth? submit a request ticket using our official Support Center. A few hours ago, the OKEx withdrawal suspension caused quite a stir within the crypto space.. The withdrawal pause was unrelated to any technical problems on our platform. Where 20 million users across 200 countries and regions trade over $100 billion of cryptos every year. [â]vlun001 0 points1 point2 points 3 years ago (1 child). If they actually want to become widely used they need to make this easier, [â]robotichustle 2 points3 points4 points 3 years ago (1 child). Tested the withdrawal out with a small transaction and the deposit was made within 20mins. Click Continue to proceed. Crypto exchange OKEx has announced to resume crypto withdrawals more than a month after it suspended the services due to the Chinese police investigation. OKEx is having an AMA event in our OKEx Telegram group with Sami Tannir, Global DeFi Research Lead of Conflux Network (CFX) ð¬ð¬, I am holding NEM in my saving, will it lose value to 0 or will it turn to SYM? All user funds on the OKEx platform remain safe and unaffected. totally confused, NFT is bringing more people, and money, to crypto blockchains. Thought I'd start using it but now can't after seeing how hard it is to withdraw from own account, can't wait to withdraw everything and close down account. How do i even get the admin password to allow me to withdraw. If you want to buy Bitcoin, you can easily get it in 1 minute with Visa, Mastercard or other payment methods. The exchange reiterated that it has not stopped following the necessary industry regulations. You may check your balance of your receiving account. There has been no asset outflow of any form from OKEx since the suspension of withdrawals on Oct. 16. Step 2: Select a currency to withdraw Select the currency you wish to withdraw from your OKEx account. Withdrawing: your withdrawal is now being processed and cannot be interrupted. ... Use the report link to report any suspicious private message to Reddit. [â]Smishsmorsions 1 point2 points3 points 3 years ago (3 children). For example, at the time of performing this analysis, BTC's withdrawal fees in OKEx are 0.0005, which is almost the cheapest withdrawal fee you will find for Bitcoin. REDDIT and the ALIEN Logo are registered trademarks of reddit inc. π Rendered by PID 21167 on r2-app-0247d7a0a39aa4773 at 2021-03-14 00:43:12.648531+00:00 running 1ebdfbe country code: BR. Go to security and set an admin password. The purpose of the chat was to connect with the OKEx community and address the platformâs recent pausing of withdrawals â which have since resumed. The platform prides itself on being simple to use and easy to understand, and once registered on the platform, you can be depositing and withdrawing from ⦠OKEx â one of the largest cryptocurrency exchanges in the world â has been trapped in some legal issues as of late.. OKEx freezes withdrawals indefinitely on Friday, October 16 It was this past Friday when one of the most well-known exchanges, OKEx, suspended withdrawals â followed by an announcement stating that one of the holders of the clientsâ private keys was âcooperating with a public security bureauâ in regards to an ongoing investigation. Buy cryptocurrencies like Bitcoin and Ethereum, use our derivatives exchange to trade futures and options. UPDATE: Nov. 9 at 1:00 pm UTC Have you waited 24 hours to try? 1:00p.m. If you wanted to also withdraw 20 BTC worth of XRP you must either wait a day or contact customer service and request a limit increase. Now I'm having an issue that the sms isn't sending. OKEx suspended withdrawals because it has been out of touch with âone of its private key holders.â The concerned private key holder is reportedly operating with a public security bureau in investigations, leading to the ⦠So much so that Bitcoin prices dropped 2.5% while the OKEx native token OKB fell by as high as 15%. I have set each and every options under Security including the Fund Password. One of Asiaâs biggest cryptocurrency exchanges, OKEx, has announced that finally, it will reopen unrestricted withdrawals on or before next Friday, i.e., Nov. 27, 2020. We are also one of the top digital asset exchanges by trading volume, serving millions of users in over 100 countries. Twist in the story . According to an official announcement today, OKEx users will be able to withdrawal their funds from the platform on or before November 27, 2020. Had about 1000 doge coins in OKEX, so thought Iâd transfer everything to binance, as it seemed superior. : OKEx announcement that it would suspend withdrawals from 11:00a.m. OKEx is a world-leading cryptocurrency exchange, providing advanced financial services to global traders by using blockchain technology. [â]timu22[S] 1 point2 points3 points 3 years ago (0 children), Haha me to my friend it was staring me in the face... haha. Update (Oct. 16, 10:36 UTC): This article has been updated with report naming a founder of OKEx who is likely the individual behind the withdrawal issue. OKEx now plans to begin the withdrawal process beginning from Nov 27. OKEx Resumes Withdrawals 5 Weeks After Freeze Malta-based cryptocurrency exchange OKEx has reopened withdrawals five weeks after an abrupt suspension. Rendered by PID 21167 on r2-app-0247d7a0a39aa4773 at 2021-03-14 00:43:12.648531+00:00 running 1ebdfbe country code: BR. The Head of OKEx Has Been Taken Into Custody. Buy cryptocurrencies like Bitcoin and Ethereum, use our derivatives exchange to trade futures and options. On Friday morning (ET) a local report from the publication Caixin detailed that the founder of Okex, Mingxing âStarâ Xu, was taken away by the police. Get an ad-free experience with special benefits, and directly support Reddit. View entire discussion ( 1 comments) Agree, OKEx is stuff of nightmares. [â]momopasal 0 points1 point2 points 3 years ago (1 child). OKEx CEO Jay Hao recently hosted an AMA via telegram for users who had any questions or concerns regarding OKExâs 42-day suspension of its unrestricted withdrawal feature. At the same time, we can assure our users that 100% of their funds can be withdrawn after withdrawals have been resumed on OKEx. Buy cryptocurrencies like Bitcoin and Ethereum, use our derivatives exchange to trade futures and options. To withdraw your crypto, navigate to "Assets" from the top menu and click on Withdraw from the drop-down list. OKEx customers still cannot take out their funds after the cryptocurrency exchange suspended indefinitely its usersâ ability to withdraw last Friday after a police investigation in China. OKEx news OKEx withdrawal suspension OKEx scam Star Xu Arrest CCP. Some outlets have reported that the mysterious [â¦] I am a bot, and this action was performed automatically. © 2021 reddit inc. All rights reserved. In addition to bitcoin withdrawal, Whale Alert spotted a transfer of 198,467 OKB worth approximately 1,033,580 from OKEx ⦠On the withdrawal page, select BTC as the currency. OKEx provides hundreds of token and futures trading pairs to help traders to optimize their strategy. Tried selecting call me...no call. The OKEx team wishes to be as transparent as possible with our community, and this incident has led us to make several improvements in our internal processes. Okex exchange had suspended the withdrawals on October 15, 2020, as one of the private key holders was under police custody. Finally, regarding deposit fees , OKEx is a no-fiat exchange and does not charge anything for funding the account with cryptos as well. Did you ever get this sorted out momopasal? Please submit a request ticket using our official Support Center so we can assist you directly, thanks. According to the reports, the exchangeâs funds were locked beginning November 16th as one of the âprivate-key holdersâ was held to help Chinese authorities in investigations. Users must complete at least KYC verification level 1 in order to withdraw tokens from OKEx. OKEx will also offer a commission rebate card with a minimum value of 100 tether to users with assets worth more than 10,000 tether before 4:00 p.m. UTC on Nov. 23. Okex withdrawal suspended. If the transfer is not credited within 48 hours after withdrawal success, please submit a ticket for help 3. I can't see "admin password" in the Security section. OKEx had a bitcoin reserve of 101,686 but has dropped to 98,821 BTC. Please contact the moderators of this subreddit if you have any questions or concerns. OKEx has made an announcement that its withdrawals will remain suspended. If you withdraw 250 BTC, 25 BTC worth of OMG and 15 BTC worth of XUC, you will have 10 BTC remaining for your limit. I guess it prevented me from panic selling. The suspension is reported to be as a result of the absence of one of the key holders to the exchange withdrawal wallet.. I have everything enabled under Security: Login Password (enabled), Link Mobile Number (enabled), Google Authenticator (enabled), Fund Password (enabled), Email Verification (enabled), Anti-phishing Code (enabled), Fund Password Input Frequency (every 2 hours). Please be patient. 2:00p.m. Looks like you're using new Reddit on an old browser. OKEx is a world-leading cryptocurrency exchange, providing advanced financial services to global traders by using blockchain technology. It's almost mid-January 2021 and from the thread it looks like this problem has not been resolved yet by OKEx and Emurgo as I ⦠According to Xuâs LinkedIn account, he is the CEO of OK Group, which is a separate entity from OKEx. OKEx is a world-leading cryptocurrency exchange, providing advanced financial services to global traders by using blockchain technology. On Nov. 26, OKEx CEO Jay Hao joined a live Ask Me Anything session on the official OKEx Telegram channel and answered questions asked by some of its 27,000+ members. [â]skylinecobra 0 points1 point2 points 2 years ago (0 children). Update (Oct. 16, ⦠Is there a withdrawal limit Okex Not Involved in any illegal Activities. The bitcoin exchange OKEx suspended cryptocurrency withdrawals on the platform Friday after its Chinese founder was taken away by police.. OKEx founder Xu Mingxing was taken at least a week ago and hasnât appeared in a work-related social media group recently, according to a â¦
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