Today, we will show you how to withdraw your profits from trading Bitcoin using OKX. If you have been following along, you know we have been buying Bitcoin when it was around $75,000 to $80,000. Recently, when the price shot up to $93,000, we decided to take half of the profit to secure the gains. Now, it is time to withdraw that profit and turn it into real money!
Let’s get started!
Step 1: Go To Your Assets
First, open the OKX app and tap on Assets. Then select My Assets. Ensure that the funds you wish to withdraw are already converted to USDT, as this is the currency we will be using for P2P trading. You will see your available balance—this is the amount that we will withdraw.
Step 2: Transfer Funds To Funding Account
Next, tap on Transfer. Double-check the settings:
- From: Trading Account
- To: Funding Account
Then, choose the amount you want to transfer, or simply select MAX if you wish to transfer everything. Once you have done that, click Confirm Transfer.
Step 3: Go To P2P Trading
After a successful transfer, return to the home page and tap ‘Buy Crypto,’ then select ‘P2P Trading. ‘ You might have to browse around and choose the P2P tab again to access the complete list of buyers and sellers.
Now that we are withdrawing money, we will click ‘Sell’. Select the currency you prefer (for me, it’s the Philippine Peso), enter the amount, and begin browsing sellers.
Step 4: Choose A Trusted Buyer
You will see a list of people offering to buy your USDT. Make sure to choose someone with a high completion rate, fast transaction speed, and good reviews. Once you find the right one, choose your preferred payment method—in my case, it is Bank Transfer—then click Sell.
Step 5: Enter The Details
Input the exact amount you want to sell. Double-check your payment method and make sure everything is accurate. Once everything is correct, click Sell USDT.
You will see a pop-up window—check the details one more time and then press Confirm.
Step 6: Verification Process
If you have security keys set up, go ahead and use them. But if you don’t, just click Cancel, then choose Unable to Verify. You will now be given the option to send a verification code to your email or phone. Get that code, paste it into the app, and proceed.
Step 7: Wait For Payment
Now, you will be redirected to the seller’s page. You will see their name and payment details on the left side of your screen. Wait patiently for them to send the money to your bank account.
This is what we call P2P or person-to-person trading. You are basically exchanging your USDT with someone in real time—no banks or middlemen involved.
Step 8: Confirm And Release Crypto
Make sure they send a screenshot of the transaction and that you actually receive the right amount in your bank account. Once that’s confirmed, input your final verification code and press Release Crypto.
Congratulations! You have successfully withdrawn your money. The buyer now has your USDT, and you’ve received your local currency in exchange. Don’t forget to leave a positive review for the buyer if everything went smoothly.
