When depositing or withdrawing digital assets on a cryptocurrency platform, selecting the correct network is crucial. If the deposit and withdrawal networks don’t match, your funds may be permanently lost. Think of it like transportation: cars need roads, trains need rails, and boats need waterways. Using the wrong path means you won’t reach your destination.
⚠️ Important Notice: The platform currently does not support the BSC (Binance Smart Chain) network. Avoid using BSC for USDT or other asset transfers, as this may result in irreversible fund loss.
Understanding Deposit and Withdrawal Networks
To ensure safe and successful transactions, the blockchain network used for depositing must exactly match the one used for withdrawal. This rule applies universally across exchanges and wallets.
For example:
👉 If you deposit USDT via the Ethereum network, you must also withdraw using Ethereum.
👉 If you use Tron (TRC20) for deposits, withdrawals must also go through Tron.
Mismatched networks are one of the most common causes of lost crypto assets — and in most cases, recovery is impossible.
Let’s walk through how to correctly choose a network, using USDT as our primary example.
Step-by-Step Guide: Depositing USDT (Using OKX App)
- Open the OKX app.
- Navigate to Assets → Overview → Deposit.
- Select USDT from the list of available cryptocurrencies.
At this point, you’ll see multiple supported networks for USDT, including:
- Tron (TRC20)
- Ethereum (ERC20)
- OKT Chain (OKC)
You can choose any of these, but each has distinct characteristics in terms of speed, cost, and security.
Comparing Popular USDT Networks
🔹 USDT on Tron (TRC20)
- Transaction Speed: Fast (typically under 2 minutes)
- Fees: Very low — often less than $1
- Best For: Small to medium transfers where cost-efficiency matters
- Note: High throughput makes Tron ideal for frequent traders or users moving modest amounts
🔹 USDT on Ethereum (ERC20)
- Transaction Speed: Slower (can take 5–30 minutes or more during congestion)
- Fees: Significantly higher — gas fees fluctuate with network demand
- Best For: Larger transactions where security and wide compatibility are top priorities
- Note: Ethereum is widely accepted across DeFi platforms and cold wallets
🔹 USDT on OKT Chain (OKC)
- Speed & Fees: Balanced — faster than Ethereum, lower fees
- Interoperability: Best within the OKX ecosystem and partner dApps
- Use Case: Ideal for users engaging with OKX-linked services or Web3 applications
✅ Pro Tip: Always verify that both sending and receiving platforms support the chosen network before initiating a transfer.
👉 Discover the fastest and most secure way to manage your crypto transfers today.
How to Copy Your Deposit Address Safely
After selecting your preferred network:
- Tap on it to reveal your unique deposit address.
- Click Copy to save the address to your clipboard.
- Go to your external wallet or another exchange.
- Initiate a withdrawal (or “send”) request.
- Paste the copied address into the recipient field.
Double-check:
- The address matches exactly
- The network selected is identical (e.g., Tron for Tron)
- Confirm and submit.
📌 Never reuse old addresses without re-verifying the network, especially after app updates.
Why Don’t I See ERC20 or TRC20 Labels Anymore?
With recent platform upgrades, OKX has simplified network labeling. Previously, options were displayed as "ERC20" or "TRC20" — now, they appear as their underlying blockchain names:
| Old Label | New Label |
|---|---|
| ERC20 | Ethereum |
| TRC20 | Tron |
This change improves clarity by emphasizing the actual blockchain rather than the token standard. So when you see Ethereum, it means ERC20-based USDT; when you see Tron, it refers to TRC20.
This update doesn’t affect functionality — just presentation.
Common Mistakes to Avoid
🚫 Using BSC/BEP20 for USDT on OKX
As stated earlier, BSC is not supported. Sending BEP20 tokens may lead to permanent loss.
🚫 Assuming all USDT is the same
USDT exists on multiple chains — they are not interchangeable. A Tron-based USDT cannot be withdrawn via Ethereum.
🚫 Copying an outdated address
Addresses can change after maintenance or updates. Always generate a new one from the current deposit page.
🚫 Ignoring network congestion
High traffic on Ethereum can delay transactions. Consider switching to Tron during peak times for faster processing.
👉 Learn how to avoid costly mistakes with expert tips on secure crypto transfers.
Frequently Asked Questions (FAQ)
❓ Can I send USDT from Binance Smart Chain (BSC) to OKX?
No. OKX does not support BSC/BEP20 for USDT deposits. Sending USDT via BSC may result in permanent fund loss. Use supported networks like Tron, Ethereum, or OKT Chain instead.
❓ What happens if I use the wrong network?
If you send funds via an unsupported or mismatched network, recovery is typically not possible. Always confirm network compatibility before transferring.
❓ Is TRC20 the same as Tron?
Yes. TRC20 is the token standard used on the Tron blockchain. When OKX shows “Tron” as a network option, it refers to TRC20 USDT.
❓ Which network is cheapest for USDT transfers?
Tron (TRC20) offers the lowest fees — usually less than $1 — making it ideal for small or frequent transfers.
❓ Does Ethereum offer better security than Tron?
Both networks are secure, but Ethereum has a longer track record and greater decentralization. However, Tron remains reliable for everyday use with faster confirmations.
❓ Will my deposit address change every time?
Not necessarily — but it might after system updates or security resets. Always copy the address fresh from the deposit page before each transaction.
Final Tips for Safe Transactions
- ✔️ Always double-check the network name before confirming any transfer.
- ✔️ Use only supported networks: Tron, Ethereum, and OKT Chain for USDT.
- ✔️ Start with a small test transaction when using a new wallet or platform.
- ✔️ Bookmark this guide for quick reference during future transfers.
The key to seamless crypto management lies in attention to detail. By understanding how different networks operate and ensuring consistency between send and receive paths, you protect your assets and streamline your experience.
👉 Start making smarter, safer crypto moves with a trusted global platform.
By following these guidelines, you’ll minimize risks and maximize efficiency when handling deposits and withdrawals. Whether you're new to crypto or refining your strategy, choosing the right network is one of the simplest — yet most powerful — steps toward secure digital asset management.