How do I deposit and withdraw xBTC?
xBTC is a wrapped crypto pegged 1:1 with Bitcoin (BTC), securely held by OKX. It represents BTC on supported blockchains, enabling you to use Bitcoin seamlessly within various DeFi ecosystems.
When you withdraw BTC from your OKX Exchange account to a supported network, you'll receive xBTC on that chain and for now, support is limited to Solana, Sui and Aptos. This allows you to interact with DeFi apps using BTC in a more flexible, blockchain-native way.
When you deposit xBTC back to your OKX Exchange account from a supported chain, you’ll automatically receive the equivalent amount of BTC credited to your account.
Getting started
How do I deposit xBTC?
Go to Deposit and select Deposit crypto to begin
Choose Bitcoin (BTC) as the asset you want to deposit
Select the network from which you’ll be depositing xBTC
Copy your xBTC deposit address generated by us
Send xBTC from your external wallet to this address
Once received, your xBTC will be automatically converted to BTC and credited to your OKX account
How the deposit page will look like when depositing xBTC
How do I withdraw xBTC?
Navigate to Withdraw and select Withdraw crypto
Choose Bitcoin (BTC) as the asset you want to withdraw
Select Exchange or wallets to send BTC to an external address
Choose the appropriate network for receiving xBTC
Enter the recipient address where you'd like to receive xBTC
Select the account you want to withdraw from and enter the withdrawal amount
Review the network fee and confirm the amount to be received
Select Withdraw to initiate the withdrawal. The BTC will be converted to xBTC and sent to the specified address on the selected network.
How the deposit page will look like when withdrawing xBTC
If you want to find out more about xBTC, visit here.