What Is OKX Wallet?

OKX Wallet is a multi-chain self-custody wallet for transfers, swaps, NFTs and DApps. It is different from an OKX exchange account: the exchange controls account custody, while a self-custody wallet is controlled by its recovery phrase or private keys.

⚠️ A wallet password protects the app on one device. The recovery phrase controls restoration and may control the assets. Never send it to support, enter it on a website or store it in screenshots or cloud notes.

Step 1: Install From an Official Source

  1. Use the official OKX website, verified mobile-store listing or the wallet entry inside the official OKX app.
  2. For a browser extension, follow the link from the official site rather than a search ad.
  3. Check the app name, developer and domain before creating or importing a wallet.

Step 2: Create and Back Up the Wallet

  1. Select Create Wallet and set a strong local password.
  2. Write the 12- or 24-word recovery phrase on paper in the exact order.
  3. Keep at least two offline copies in separate secure places.
  4. Complete the in-app backup check before depositing funds.
🚨 Do not photograph, message, email, copy to cloud storage or paste the recovery phrase into any “verification” page. Anyone with it may be able to move the assets.

Step 3: Receive Crypto on the Correct Network

The asset and network must match at both ends. USDT may exist on TRON, Ethereum, BNB Chain, Arbitrum and other networks; these are not interchangeable just because the asset name is the same.

  1. Select the asset and tap Receive.
  2. Choose the network supported by both the sending platform and OKX Wallet.
  3. Copy the address and verify its first and last characters.
  4. Send a small test amount first, then move the remainder after it arrives.

Step 4: Send Crypto and Pay Gas

On-chain transfers require the network's native gas asset—for example ETH on Ethereum or Arbitrum and BNB on BNB Chain. Holding only USDT may not be enough to send it.

  1. Select the asset and tap Send.
  2. Paste and verify the recipient address.
  3. Confirm the network, amount, gas estimate and final destination.
  4. Approve the transaction and track its hash in a block explorer.

Step 5: Swap and Connect to DApps Carefully

Before a swap, review the network, route, slippage, gas and minimum received amount. When connecting to a DApp, connection alone is not the same as a token approval. Read every signature and be especially cautious with unlimited approvals or “Set approval for all.”

  • Open DApps from verified official domains, not group-chat links.
  • Use a separate low-value interaction wallet for new protocols, NFTs and airdrops.
  • Revoke approvals that are unfamiliar or no longer needed.
  • Keep meaningful long-term holdings away from frequent DApp activity.

OKX Wallet Safety Checklist

  • Official installation source and offline recovery backup.
  • Small test transaction for every new network or address.
  • Enough native gas without holding excessive funds in the interaction wallet.
  • No recovery phrase, private key, password or verification code shared with anyone.

Read next: OKX guide hub, how to revoke wallet approvals, and hardware wallets versus wallet apps.