Beware using OKX as Bitcoin Wallet or Lightning Wallet \ stacker news ~bitcoin

Hi Bitcoiners,

I just want to share my experience using Centralized Exchanges namely https://www.okx.com/ My balance reached >$500 but today because I read the news that OKX partnered with Prime Trust so I decided to withdraw my Balance to Phoenix Wallet using Lightning Wallet.

I have been trying to Withdraw All my Balance >$500 since 18.12:50 Jun/09/2023. But, until now I still haven't received my Bitcoin in my Phoenix Wallet. The status is still in progress. I don't know what to do to solve it.

But, I've emailed OKX Support many times, then they said I have to wait 1 - 3 working days to get my balance back.

Now I'm a bit freaked out reading the news that OKR is still partnering with Prime Trust. Meanwhile, Prime Trust is insolvent now.

The interesting part is, I tried to deposit to OKX to make sure what's the problem with Lightning Network. I deposited a small dollar, then I tried to withdraw to my Phoenix wallet about 3 USD, and it worked. was sent within a minute.

Now this is what makes me confused, why when I withdraw more than >$500 it doesn't work, the status is still pending?

Reference:

Status of OKX: https://twitter.com/epodrulz/status/1666868685242335232/photo/1
Status of OKX: https://twitter.com/Pledditor/status/1666654582112493568
My Withdrawal Status (Pending): https://ibb.co/0Q0dyM2
Email Replied by OKX Support: https://ibb.co/fCCNrc4

0 sats \ 1 reply \ @nerd2ninja 9 Jun 2023

For future reference: https://docs.github.com/en/get-started/writing-on-github/getting-started-with-writing-and-formatting-on-github/basic-writing-and-formatting-syntax#images

0 sats \ 0 replies \ @03313c1e5b OP 9 Jun 2023

thanks for reference

0 sats \ 1 reply \ @Believe 9 Jun 2023

Withdraw via BTC Onchain? Or via lightning network?

you can check my references, i put the evidence there

0 sats \ 0 replies \ @nerd2ninja 9 Jun 2023

Yeah there's a clear distinction between an exchange and a wallet my guy.