Introduction
Transferring crypto between exchanges can seem daunting, but moving assets from Coinmerce to OKX is straightforward when you know the steps. This guide will walk you through the process while highlighting OKX's advantages for Dutch and Belgian traders.
Why Transfer Crypto to OKX?
OKX stands out as a premier crypto exchange in Europe for several reasons:
- Competitive fees: 0.08% maker fees (among the lowest in the Netherlands) with free iDEAL, Bancontact, and SEPA transfers.
- Full regulatory compliance: MiCA-licensed since January 27, 2025, ensuring adherence to EU financial regulations.
- Transparent reserves: Monthly proof-of-reserves audits verify 1:1 backing of customer assets.
- Extensive crypto selection: 300+ tokens with 60 EUR trading pairs.
- Adaptable trading: Simple interface for beginners and advanced tools (limit orders, bots, etc.) for professionals.
๐ Discover OKX's trading platform
Step-by-Step Transfer Process
Since direct transfers from Coinmerce aren't available, follow this workaround:
Convert crypto to EUR on Coinmerce:
- Log in to your Coinmerce account
- Select "Sell" from the dashboard
- Choose the cryptocurrency to convert
- Confirm the transaction
Withdraw EUR to your bank:
- Navigate to "Withdraw" > "Euro"
- Enter the amount and complete transfer
Deposit EUR to OKX:
- Click "Deposit" on OKX and select iDEAL
- Enter the amount and finalize via your bank
Processing time: Typically 1-2 business days for bank transfers.
Security Measures at OKX
Your assets are protected by:
- Enterprise-grade encryption: Multi-signature wallets and cold storage.
- Regulatory oversight: Full compliance with EU AML/CTF laws.
- Insurance fund: Safeguards against extreme market events.
- 2FA options: Google Authenticator and hardware key support.
Pro Tips for Safe Transfers
- Always verify wallet addresses twice
- Start with a small test transaction
- Time your transfer during low network congestion
- Consider tax implications in your jurisdiction
๐ Learn about OKX's security features
FAQs
How long do transfers take?
Bank transfers typically complete within 1 business day. Crypto transactions depend on network congestion.
Are there any fees?
Coinmerce may charge withdrawal fees (check their latest rates). OKX doesn't charge for EUR deposits.
Can I transfer crypto directly?
Not currently - you'll need to convert to EUR first due to Coinmerce's system limitations.
What's the minimum transfer amount?
โฌ10 equivalent for crypto conversions; no minimum for OKX deposits.
Is OKX better than Coinmerce?
OKX offers lower fees, more tokens, and advanced trading tools, making it preferable for active traders.
Current Promotion (June 2025)
From June 17-30, 2025, users transferring โฌ1000+ to OKX and holding for 90 days can earn up to โฌ1000 in rewards. Visit the campaign page for full details.
Note: Always conduct independent research before making financial decisions. Cryptocurrency investments involve market risks.