kucoin how to withdraw to bank

To withdraw cryptocurrency from KuCoin to a bank account, follow these steps: verify your account, add a bank account, initiate a withdrawal, and complete the withdrawal process by verifying your information or passing a security check.

Oct 28, 2024 at 11:11 am

How to Withdraw Cryptocurrency from KuCoin to a Bank Account

KuCoin is a popular cryptocurrency exchange that allows users to trade, buy, and sell various cryptocurrencies. To withdraw cryptocurrency from KuCoin to a bank account, follow these steps:

Step 1: Verify Your KuCoin Account

• Ensure your KuCoin account is verified with your personal details and identification documents.

Step 2: Add a Bank Account

• Click on the "Assets" tab in the top right corner.
• Select "Withdraw" and choose "Bank Card Withdrawal."
• Choose the currency you want to withdraw and click "Add a Bank Card."
• Enter your bank account details, including bank name, account number, and SWIFT/BIC code.
• Verify the bank account ownership by depositing a small amount into KuCoin.

Step 3: Initiate a Withdrawal

• Return to the "Withdraw" page and select the bank account you want to withdraw to.
• Enter the amount of cryptocurrency you wish to withdraw.
• Check the withdrawal fee associated with the transaction.
• Click "Confirm Withdrawal" and proceed through any additional verification steps.

Step 4: Complete the Withdrawal

• You will receive an email or SMS notification from KuCoin to confirm the withdrawal.
• You may need to provide additional information or pass a security check before the withdrawal is processed.
• The withdrawal process typically takes 2-5 business days, but can vary depending on your bank's processing time.

Additional Notes:

• Minimum withdrawal amounts and fees vary depending on the cryptocurrency being withdrawn.
• Ensure you provide the correct bank account details to avoid delays or lost funds.
• KuCoin may require additional verification steps for large or frequent withdrawals.
• If you encounter any issues with the withdrawal process, contact KuCoin customer support for assistance.