can you withdraw from kucoin to bank account

To withdraw funds from KuCoin to a bank account, users can select the cryptocurrency, specify the amount, provide bank details via an added withdrawal address, and complete the process by confirming the withdrawal and undergoing security verification.

Oct 28, 2024 at 11:08 am

How to Withdraw Funds from KuCoin to a Bank Account

Step 1: Log in to KuCoin

• Visit the KuCoin website (https://www.kucoin.com) and enter your login credentials.

Step 2: Verify Your Account (if not already verified)

• If you have not verified your KuCoin account, you will be prompted to do so. Complete the verification process by submitting the required KYC documents.

Step 3: Select "Withdraw"

• Click on the "Assets" tab in the top navigation menu.
• In the "Main Account" section, click on the "Withdraw" button.

Step 4: Choose Cryptocurrency and Amount

• In the "Select Withdrawal Coin" dropdown menu, choose the cryptocurrency you want to withdraw.
• Enter the withdrawal amount in the "Amount" field.

Step 5: Set Up Withdrawal Address

• Click on the "Add Withdrawal Address" button.
• Enter the bank account information where you want to receive the funds.
• Include the bank account number, Swift code, and any other relevant details.

Step 6: Confirm Withdrawal

• After adding the withdrawal address, a confirmation page will appear.
• Review the withdrawal details and click on the "Confirm Withdrawal" button.

Step 7: Security Verification

• Enter your KuCoin account password or confirm the withdrawal via the Google Authenticator app.

Step 8: Processing

• KuCoin will process your withdrawal request. This process usually takes some time (typically within 24 hours).

Step 9: Check Bank Account

• Once the withdrawal is processed, check the bank account you specified for the transfer of funds.

Additional Notes:

• KuCoin charges a withdrawal fee for each transaction. The fee varies depending on the cryptocurrency being withdrawn.
• Minimum withdrawal amounts may apply. Check the KuCoin website for details.
• Ensure that the bank account you provide is compatible with receiving cryptocurrency withdrawals. Some banks may not support this feature.