Switch to OKX safely before the MiCA deadline: full guide

From 1 July 2026, no provider may legally offer crypto services in the EU without a valid MiCA authorisation. Many people are therefore moving their crypto to a large, regulated platform. OKX is a popular destination — and currently gives new users a deposit bonus of up to 8%. But the main thing is to do it safely. This guide walks you through it step by step.

In short

📅 MiCA deadline 1 July 2026 · 🧪 always do a test transaction first · 🌐 pick the correct network when transferring (the #1 cause of mistakes) · 💰 deposit bonus up to 8% as a bonus · 🔐 large amounts? Consider a hardware wallet.

Step 1 — Set up your OKX account

Create an OKX account and complete identity verification (KYC). Enable two-factor authentication (2FA) right away. Only once verified can you deposit and withdraw.

👉 Create an OKX account

Step 2 — Choose your switching method

There are two routes:

• Deposit euros (e.g. via your bank) and buy again on OKX. Simple, but you sell and rebuy — mind price differences and fees.
• Transfer crypto from your old exchange to OKX. You keep the same coins, but it requires more care.

Step 3 — Transfer crypto safely (the core)

1. On OKX, open the coin you want to receive and copy the deposit address.
2. Pick exactly the same network you're sending from (e.g. ERC-20, TRC-20, Bitcoin). Wrong network = funds lost. This is by far the most common mistake.
3. Send a small test transaction first (a few euros).
4. Once the test arrives, transfer the rest.

Step 4 — Claim the deposit bonus

On your first deposit, activate the promotion: new users get a bonus of up to 8% (up to 20,000 USDC). Read the terms on the offer page.

👉 See the OKX deposit bonus (up to 8%)

Step 5 — Store safely

Holding for longer? Don't leave large amounts sitting on an exchange. A hardware wallet brings your funds into self-custody.

Common mistakes (avoid them)

• Picking the wrong network when transferring.
• Skipping the test transaction.
• Not double-checking the deposit address (clipboard malware exists).
• Switching at the last minute — start well before 1 July.

This article is general information, not investment advice. Crypto carries risk; you can lose your deposit. Promotions have terms — always read them. Links to partners may be affiliate links, at no extra cost to you.