Security remains a top priority in the world of digital assets, and OKX continues to enhance user protection with smarter, more flexible tools. Starting July 4, 2024, at 7:00 AM UTC, OKX introduces a 30-day verification option for addresses in the withdrawal address book—giving users greater control over their long-term and short-term transaction security.
This update allows users to choose between temporary (30-day) or permanent verification when adding or managing withdrawal addresses. Whether you're making frequent transfers to trusted wallets or one-time payments to new destinations, this feature adapts to your usage patterns while maintaining robust security protocols.
How the 30-Day Verification Feature Works
When you verify a withdrawal address for 30 days, that address remains in your verified list for exactly one month—but only if you actively use it.
Here’s how it works:
- If a withdrawal is made to the address within the 30-day window, the verification period automatically resets and extends to 30 days from the date of the latest withdrawal.
- For example, if you verify an address on July 4, 2024, and make a withdrawal on July 20, the new expiry date becomes August 19.
- However, if no withdrawal occurs during the 30-day period, the verification expires. Any future withdrawals to that address will require re-verification through standard security checks (such as two-factor authentication or email confirmation).
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This dynamic system ensures that only actively used and trusted addresses stay verified, reducing the risk of accidental or unauthorized transfers to outdated or compromised wallets.
What Happens to Existing Verified Addresses?
One of the most important aspects of this update is its impact on previously verified addresses.
As of 7:00 AM UTC on July 4, 2024, all existing verified addresses in your OKX withdrawal address book will be automatically transitioned to the 30-day verification model. This means:
- Your current verified addresses will now have an expiration date.
- To keep them permanently verified, you must take action.
There are two ways to restore permanent verification:
- Wait for expiration and re-verify: Allow the 30-day period to expire, then re-add the address with permanent verification selected.
- Delete and re-add: Remove the address from your address book and re-enter it, choosing the “permanent” verification option during setup.
This change ensures that every verified address reflects current user intent and active trust—minimizing risks associated with legacy wallet addresses that may no longer be secure.
How to Choose Between 30-Day and Permanent Verification
OKX makes it simple to customize your verification preferences across both web and mobile platforms (app version 6.75 or newer required).
When adding or editing a withdrawal address:
- By default, the system sets verification to 30 days.
- To switch to permanent verification, simply select “Change verification period” and choose the permanent option.
This flexibility empowers users to apply stricter controls where needed—for instance, when sending funds to a new exchange or cold storage wallet—while maintaining convenience for regular transfers.
The interface is intuitive, clearly displaying the verification status and expiry date for each address, so you always know which ones require attention.
Why This Update Matters for Crypto Security
In recent years, phishing attacks, device compromises, and wallet hijackings have increased—often exploiting old, forgotten withdrawal addresses still marked as “trusted.” By introducing time-limited verification, OKX reduces the attack surface without sacrificing usability.
Key benefits include:
- Reduced risk of fund loss due to compromised long-term addresses.
- Automatic renewal only upon active use, ensuring relevance and intent.
- Greater transparency with clear expiry timelines visible in the address book.
- User empowerment through choice: temporary for short-term needs, permanent for trusted long-term wallets.
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This update aligns with broader industry trends toward adaptive security models, where protection evolves based on behavior—not just static settings.
Frequently Asked Questions (FAQ)
Q: Do I need to update my app to use this feature?
Yes. The 30-day verification feature is available on OKX web and mobile app versions 6.75 and above. Make sure to update your app via the official store to access the latest security enhancements.
Q: Will my funds be at risk if a verification expires?
No. An expired verification does not affect your stored assets. It only means that any future withdrawal to that address will require additional identity or device confirmation—adding a layer of protection.
Q: Can I switch back to permanent verification after choosing 30-day?
Absolutely. You can change the verification type at any time by editing the address in your withdrawal address book and selecting “Change verification period.”
Q: Are there any fees associated with re-verifying an expired address?
No. Address verification—whether temporary or permanent—is completely free. OKX does not charge for security-related actions.
Q: Does this affect internal transfers between OKX accounts?
No. This update applies only to external blockchain withdrawals. Transfers between OKX users remain unaffected.
Q: How will I be notified before an address expires?
Currently, OKX does not send automatic alerts for expiring verifications. Users are encouraged to periodically review their withdrawal address book to maintain preferred settings.
Final Thoughts: Smarter Security Through Flexibility
OKX’s introduction of the 30-day verification option marks a significant step forward in user-centric security design. Instead of treating all withdrawal addresses the same, the platform now recognizes that trust should be dynamic—not set in stone.
Whether you're a casual investor or an active trader moving funds across ecosystems, this feature gives you more control, clarity, and confidence in every transaction.
Security doesn’t have to mean inconvenience. With smart defaults and customizable options, OKX balances both.
As digital asset usage grows more complex, features like time-based verification will become essential—not optional. Stay proactive, stay protected, and make every withdrawal a secure one.