Deposits
What fiat currencies does OSL support?
OSL supports USD and HKD. Explore the full list of fiat and digital assets available for Retail, Professional, and Institutional Investors.Some readersHow to Deposit and Start Buying Crypto on OSL?
Learn how to deposit Hong Kong Dollars (HKD) to your OSL account for quick access to trading funds. Choose from FPS, bank transfer, or eDDA to start buying Bitcoin and digital assets today. Ensure your registered bank account matches your OSL account to avoid delays.Some readersWhat is OSL's minimum deposit and withdrawal sizes?
The regulation requires us to verify your bank account. For us to do that, you'll need to transfer at least $10,000 HKD or $1,300 USD for your first deposit. This deposit is due to the requirements established by the SFC to ensure a safe and guaranteed digital asset investment environment. After your first deposit, the minimum deposit would be $100 HKD. For more detailed information, please refer to our website.Few readersHow long does it take to deposit HKD and USD?
Fiat deposits at OSL offer a seamless way to transfer funds into the trading ecosystem. Deposits are credited upon arrival, with same-day processing for FPS and local bank transfers. Ensure the remitter's name matches your account to avoid delays.Few readers
eDDA
What is eDDA?
What is eDDA? eDDA (Electronic Direct Debit Authorization) is a value-added service introduced by the Hong Kong Monetary Authority for the FPS Express system, which can support the authorization to debit and deposit funds from your set bank account to your OSL trading account. Currently, it only supports HKD. How to authorize eDDA Please go to Assets page and click on Deposit to proceed to the next step. (https://storage.crisp.chat/users/helpdesk/website/35ec5a75170a1800/step-Few readersWhy did my eDDA deposit fail?
Deposits done via eDDA may fail for the following reasons: Insufficient bank balance The linked bank account has not activated the eDDA transfer function The linked eDDA bank account is not a current account The username does not match the bank account. Please ensure that the account belongs to you and that the name entered matches the order and format saved by the bank. The ID number does not match the bank account. Please ensure that the ID number entered is the same as the oneFew readersWhat IDs can be used for eDDA authorization?
Personal: Hong Kong ID Card Passport Others Corporate: Business Registration Number Certificate of Incorporation Number Others The other accepted forms of ID will depend on the type of identification you used when opening the bank account you're planning to link.Few readerseDDA Common Bank Account Code
When adding a Hong Kong bank account, please ensure the following information is correctly selected or entered: ● Bank Account Number: The bank account number may differ from the card number displayed on your bank card. You can refer to the following guidelines to locate your specific bank account number. Where to Find Your Bank Account Number? Bank Statement Bank Account Opening Documents Online Banking App/Website Bank Card/Passbook (Some bank cards displFew readersWhat are the advantages of using eDDA?
Convenient: Clients can complete the authorization and deposit on the OSL platform, without the need for internet banking operations and transfer of credentials. Fast Deposits: Deposits can be completed in as little as 5 minutes. 0 Fee: Authorization and deposits are completely free of charge.Few readers
Withdrawals
Are there any fiat fees for deposits and withdrawals?
Discover OSL’s deposit and withdrawal policies for fiat currencies and digital assets. No network fees for deposits, but blockchain transaction fees (gas fees) apply to crypto withdrawals. Check the fee structures for retail and professional investors.PopularHow do I withdraw fiat currency?
Learn how to withdraw (aka off-ramp) fiat currency on OSL. Follow this simple off-ramp process to convert digital assets into HKD or USD, with funds credited within 1-3 business days. Explore the guide for more details.Some readers