How to withdraw money from KuCoin Futures?

Understanding KuCoin Futures Withdrawal Basics

Before initiating any withdrawal from KuCoin Futures, it’s essential to know that Futures funds are held separately from your Spot wallet. This means you cannot directly withdraw funds used in open futures positions. You must first close or reduce your positions to free up available balance. KuCoin uses an internal transfer system to move assets between Futures and Spot wallets. Only after transferring to Spot can you proceed with a standard withdrawal to an external wallet or bank account.

Step-by-Step: Closing or Reducing Futures Positions

To make funds available for withdrawal, ensure all active positions are closed or sufficiently reduced:

• Navigate to the Futures Trading page on KuCoin’s web or mobile app.
• Locate your open positions under the “Positions” tab.
• Click “Close” on any position you wish to liquidate.
• Confirm the order type—Market or Limit—depending on your urgency and market conditions.
• Wait for the position to fully close; this may take seconds to minutes depending on liquidity.

  Once closed, the margin and PnL from that position will be credited back to your Futures wallet balance.

  Transferring Funds from Futures to Spot Wallet

  After closing positions, move funds to your Spot wallet:
• Go to the Assets section and select “Transfer”.
• Choose “From: Futures Account” and “To: Main Account (Spot)”.
• Enter the amount you wish to transfer—ensure it does not exceed your available balance.
• Select the asset (e.g., USDT, BTC) and click “Confirm Transfer”.
• A pop-up will appear—verify the details and click “OK” to complete the transfer.

  This step is crucial because only Spot wallet funds can be withdrawn externally. Transfers are instant and free of charge.

  Withdrawing from Spot Wallet to External Destination

  Now that funds are in your Spot wallet, proceed with the external withdrawal:
• Go to Assets > Withdraw in the Spot section.
• Select the cryptocurrency you wish to withdraw (e.g., USDT).
• Enter the destination address—double-check for accuracy to avoid irreversible loss.
• Input the amount and select the network (e.g., ERC-20, TRC-20 for USDT).
• Confirm the network fee displayed—this varies by blockchain and asset.
• Complete 2FA verification (Google Authenticator or SMS).
• Click “Submit”—you’ll receive an email confirmation; click the link to finalize.

  KuCoin may hold withdrawals for manual review if they exceed daily limits or trigger security protocols.

  Managing Withdrawal Limits and Security Settings

  KuCoin enforces daily and single-transaction withdrawal limits based on your KYC level:
• Level 1 (Basic): Lower limits; may require manual approval for larger amounts.
• Level 2 (Advanced): Higher limits after ID and face verification.
• To increase limits, go to Security > Identity Verification and complete KYC.
• Also, ensure Withdrawal Whitelist is enabled under Security Settings to restrict withdrawals to pre-approved addresses only.
• If you’ve set up Address Management, only whitelisted addresses will appear during withdrawal—this prevents accidental transfers to unknown wallets.

  Troubleshooting Common Withdrawal Issues

  Users often encounter issues such as:
• “Insufficient Balance”: Check if funds are still in Futures wallet—transfer to Spot first.
• “Invalid Address”: Ensure the receiving address supports the selected network (e.g., ERC-20 USDT must go to an Ethereum-compatible address).
• “Email Not Received”: Check spam folder or resend the confirmation email from the withdrawal history page.
• “Withdrawal Pending”: This may last up to 24 hours if flagged for security review—contact KuCoin Support with your order ID if unresolved.

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  Frequently Asked Questions

  Can I withdraw directly from KuCoin Futures to a bank account?No. KuCoin does not support direct fiat withdrawals from Futures. You must first transfer to Spot, then convert crypto to fiat via P2P trading or a third-party service. After that, use bank transfer options available in the fiat withdrawal section.

  What happens if I try to withdraw while holding an open futures position?You can only withdraw funds not locked in active positions. Attempting to withdraw more than your available balance will result in an error. Always check the “Available Balance” in your Futures wallet before initiating a transfer.

  Why is my withdrawal stuck in “Processing” for hours?This may occur due to high network congestion, internal security checks, or incorrect network selection. Verify the transaction hash on a blockchain explorer—if it shows no activity, contact KuCoin Support with the order ID and screenshot of the pending status.

  Do I need to pay fees to transfer from Futures to Spot?No. KuCoin does not charge any fee for internal transfers between Futures and Spot wallets. However, external withdrawals from Spot will incur blockchain network fees, which vary depending on the asset and selected network.