What to Do If You've Transferred Payment but the Seller Doesn't Release the Cryptocurrency?

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In cryptocurrency transactions, it can be frustrating when you've completed your payment but haven't received the coins. Here's a step-by-step guide on how to resolve this issue:


Immediate Steps to Take

  1. Confirm Payment Completion
    After transferring funds, always click the "I Have Completed the Transfer" button on the transaction page. This notifies the seller to release the coins.
  2. Communicate with the Seller

    • Use the built-in chat feature on the platform to message the seller directly.
    • Note: Contact numbers displayed are temporary virtual numbers (refreshed every 3 minutes for security).
  3. Escalate via Platform Support
    If the seller remains unresponsive:

    • Click the "Dispute" button on your order page.
    • Provide:

      • A clear description of the issue.
      • Your contact details.
      • Proof of payment (e.g., transaction ID or screenshot).

Key Considerations

👉 Secure your transactions with OKX’s P2P escrow protection


FAQs

Q1: How long should I wait before disputing?

A: If the seller hasn’t responded within 1 hour, initiate a dispute.

Q2: What if my payment proof is unclear?

A: Blurry screenshots may delay resolution. Ensure images show:

Q3: Can I cancel the transaction?

A: Only if the seller agrees or the platform’s timeout period expires.


Final Tips

For seamless trading, 👉 explore OKX’s low-fee P2P marketplace.


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