How To Withdraw From KuCoin? [Crypto or Fiat] - CaptainAltcoin (2024)

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Rene Peters

March 10, 2023

How To Withdraw From KuCoin? [Crypto or Fiat] - CaptainAltcoin (2)

Embarking on your cryptocurrency journey with KuCoin? One crucial skill you’ll need to master is understanding how to withdraw from KuCoin. This article is your comprehensive guide, shedding light on the process, from the initial steps to the final click.

We’ll delve into the specifics of KuCoin withdrawal fees, ensuring you’re well-versed in the costs associated with your transactions. We’ll also clarify the KuCoin minimum withdrawal amount, so you can plan your trades and withdrawals effectively.

Whether you’re looking to transfer your digital assets to another wallet or convert them into tangible cash, you are in the right place. This guide will detail how to withdraw money from KuCoin, making the process as seamless as possible.

So, let’s dive in and unlock the potential of your KuCoin experience. With this knowledge at your fingertips, you’ll be navigating the KuCoin platform like a pro in no time.

Quick summary: How to withdraw money from KuCoin?

📝 Step📚 Summary
🔑 Login to KuCoin AccountLogin to your KuCoin account either on the website or mobile app. Navigate to the “Assets” section and select “Withdraw”.
💰 Select a TokenChoose the cryptocurrency you want to withdraw. Ensure the receiving wallet supports the chosen cryptocurrency.
🔒 Security VerificationComplete the security verification process which includes entering your trading password, email verification code, and Google 2FA code.
📤 Complete the WithdrawalDouble-check all the details including the withdrawal address and the token type. Once everything is confirmed, click the “Submit” button to complete the withdrawal.
⏱️ Withdrawal TimeWithdrawals typically take around 30 minutes. However, larger amounts may take longer due to manual processing.
💸 Withdrawal FeesKuCoin charges different withdrawal fees for different tokens. There’s also a minimum withdrawal amount that varies per token.
🚫 LimitationsKuCoin does not convert assets into fiat currency, so you can only send and receive cryptocurrency assets. Also, ensure that the funds are in your Main Account or Trading account when making a withdrawal.

What you'll learn 👉

How do I withdraw cryptocurrencies from KuCoin to another exchange?

Withdrawing digital assets from the KuCoin platform and sending them to a different exchange is a straightforward operation on both the KuCoin mobile app and the web-based platform. On the app, log in to your KuCoin account, go to Assets, Main, and Withdraw, then select the cryptocurrency you want to send.

The last step is to fill out the transfer details, including the recipient address, blockchain network, and cryptocurrency amount, and click the Withdraw button. If required, follow the instructions to complete the withdrawal process (enter your 2FA details if needed).

To withdraw to the Coinbase Pro exchange, log in to your account, go to the Trading tab, select Deposit under your wallet balance, click the cryptocurrency you want to deposit, copy the receiving address, and paste it on your KuCoin withdrawal page.

Withdrawing from KuCoin using the web-based platform is similar; you first need to log in, click on the wallet icon in the upper right menu, select Withdraw, select the digital asset you want to withdraw, enter your receiving address from the other exchange, choose the network and confirm it, then click the Withdraw button.

Remember to select the right network for your cryptocurrency (BTC, ERC20, BEP20, TRC20, and so on); otherwise, you may encounter delays with your transaction or even a loss of funds.

Visit KuCoin

How To Withdraw From KuCoin? [Crypto or Fiat] - CaptainAltcoin (3)
How To Withdraw From KuCoin? [Crypto or Fiat] - CaptainAltcoin (4)
How To Withdraw From KuCoin? [Crypto or Fiat] - CaptainAltcoin (5)
How To Withdraw From KuCoin? [Crypto or Fiat] - CaptainAltcoin (6)
How To Withdraw From KuCoin? [Crypto or Fiat] - CaptainAltcoin (7)
How To Withdraw From KuCoin? [Crypto or Fiat] - CaptainAltcoin (8)
How To Withdraw From KuCoin? [Crypto or Fiat] - CaptainAltcoin (9)
How To Withdraw From KuCoin? [Crypto or Fiat] - CaptainAltcoin (10)
How To Withdraw From KuCoin? [Crypto or Fiat] - CaptainAltcoin (11)
How To Withdraw From KuCoin? [Crypto or Fiat] - CaptainAltcoin (12)

How do I withdraw cryptocurrency from KuCoin to a wallet?

To withdraw from KuCoin to an external wallet like Metamask or Trust Wallet, copy your receiving address from your wallet and follow the steps above to complete the withdrawal.

If you want to withdraw to a Ledger hardware device, open your Ledger Live app, go to the Transfer tab, select “Receive funds,” select the cryptocurrency account, and copy the address so you can withdraw to it from KuCoin.

How do I withdraw fiat currency from KuCoin to a bank account?

Although KuCoin does not directly allow bank transfers for deposits or withdrawals, you can use its P2P platform to convert your cryptocurrency into cash by selling to a local buyer that accepts bank transfers. The feature uses a built-in escrow system that will protect users from losing their funds when trading.

To access the P2P module on the web-based dashboard, you first need to log in, go to the Buy Crypto tab in the upper left menu, and click on Sell. On the KuCoin app, go to the Trade tab, click on “buy,” select P2P in the upper midsection of the page, then click the “sell” button, select one of the traders from the list, and fill in the details for your transfer.

A second option to withdraw fiat currency from your KuCoin account is to send cryptocurrency to an external exchange that offers that service, like Coinbase Pro or Binance.

How To Withdraw From KuCoin? [Crypto or Fiat] - CaptainAltcoin (13)
How To Withdraw From KuCoin? [Crypto or Fiat] - CaptainAltcoin (14)
How To Withdraw From KuCoin? [Crypto or Fiat] - CaptainAltcoin (15)
How To Withdraw From KuCoin? [Crypto or Fiat] - CaptainAltcoin (16)
How To Withdraw From KuCoin? [Crypto or Fiat] - CaptainAltcoin (17)

Can US citizens withdraw from KuCoin?

Yes. However, KuCoin does not have a licensee to operate in the USA, so the company doesn’t offer KYC verification for US customers. Therefore, the withdrawal amount is limited to 1 BTC per day, which is the limit for all unverified KuCoin accounts, no matter the country.

FAQs

What’s the minimum withdrawal amount on KuCoin

KuCoin’s minimum withdrawal amount depends on each cryptocurrency. You can withdraw a minimum of 0.001 BTC (Bitcoin), 0.02 ETH, 0.002 LTC (Litecoin), 5 USDT (Tether), 0.01 BNB, and so on, averaging from $1 to $20 per transaction.

How long does a withdrawal take on KuCoin

KuCoin withdrawals generally take 30 minutes or less. Depending on the blockchain network, some transactions may take longer due to network congestion or other factors. For large amounts, withdrawals are processed manually and may take longer than 30 minutes.

How much will I pay for a withdrawal on KuCoin

Withdrawal fees on KuCoin are different for each of the cryptocurrencies supported by the platform, starting from $0 (for NEO), 0.0005 BTC for Bitcoin, and up to 0.01 ETH for Ethereum. You can find KuCoin’s complete list of withdrawal fees by visiting here.

Can I withdraw directly from KuCoin to my bank account

No. KuCoin does not allow direct withdrawals to your bank account, but they have a P2P section where you can sell assets to other users for bank transfers and other fiat-based payment methods.

How do you convert KuCoin to cash

You can convert cryptocurrencies on your KuCoin account into real cash by either using its P2P crypto platform to sell your assets to others or by withdrawing to an external exchange that offers crypto-to-fiat services, such as Crypto.com, Binance, or Coinbase Pro.

How do I transfer USDT from KuCoin to a bank account

You can sell USDT tokens for fiat currency on KuCoin’s P2P (peer-to-peer) page or withdraw them to an external exchange. The P2P feature supports Tether USDT, BTC, ETH, KCS (KuCoin Token), and USDC.

How long does a withdrawal take from KuCoin to a bank account

KuCoin does not allow bank transfer withdrawals or deposits directly. Crypto-to-fiat trades on the P2P platform happen in real time, so the arrival time for your transfer depends on the trader and the type of transfer.

How do I find my Transaction ID from KuCoin

To find your transaction ID on the web-based platform, click on the Wallet icon in the upper right menu, Main Account, History (Withdrawal and Deposit History), select the period (1 month, 3 months, 1 year), and Export to CSV.

You can use the downloaded CSV file to import your transaction records to other platforms, such as cryptocurrency tax software or other apps.

Why can’t I withdraw from KuCoin

If you are getting an error when trying to withdraw from KuCoin, make sure you have funds in your Main Account and check if you have any open orders in the spot and other markets. Also, for unverified KuCoin accounts, there is a daily withdrawal limit of 1 BTC, so above that limit, you should wait another 24 hours between withdrawals.

How do I transfer money from KuCoin to Cash App

You can sell cryptocurrency to other users and accept Cash App as a payment method on KuCoin’s peer-to-peer (P2P) platform.

Can I withdraw from KuCoin without verification

Yes. You can withdraw up to 1 BTC (Bitcoin) per day without passing KYC verification.

CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com

How To Withdraw From KuCoin? [Crypto or Fiat] - CaptainAltcoin (2024)

FAQs

How do I get my money out of KuCoin? ›

To make these withdrawals either on a web browser or mobile app, simply Go to your KuCoin Main account > Click “Withdraw” > Click “Withdraw Fiat” > Choose a fiat you want to withdraw > Add a new bank account > Request a withdrawal.

How do I get my fiat out of KuCoin? ›

Unfortunately, KuCoin doesn't convert your asset into fiat currency. You can only send and receive cryptocurrency assets like Bitcoin. If you want to withdraw a particular asset, you need to ensure that the receiving wallet caters to that kind of cryptocurrency.

How much money can you withdraw from KuCoin? ›

Daily Limits for Fiat Services
Fiat ServiceDaily Limit (USD equivalent amounts used for calculations)
Fiat withdrawals150,000 USD
Buy crypto with fiat50,000 USD
Sell crypto for fiat50,000 USD
Buy crypto with bank card100,000 USD
1 more row

How do I withdraw from crypto to fiat? ›

How to sell Crypto to Fiat?
  1. Open the Crypto.com app.
  2. Tap on "Accounts"
  3. Select "Fiat Wallet"
  4. Select "Sell Crypto"
  5. Select the cryptocurrency you'd like to convert to Fiat.
  6. Select the 'Cash' option.
  7. On the "Sell Cryptocurrency" screen, you can enter the amount you wish to convert.

How do I transfer my money from KuCoin to my bank account? ›

To withdraw funds from your KuCoin account to a bank account, follow these steps:
  1. Log in to your KuCoin account and click on the "Assets" tab.
  2. Select the cryptocurrency you wish to withdraw from the drop-down menu.
  3. Click on the "Withdraw" button next to the chosen cryptocurrency.
Nov 18, 2023

Why i can't withdraw from KuCoin? ›

Frauds and scams are quite common in the crypto space. Malicious actors will try to get your login and security info to steal the funds in your account. When your account is at risk, withdrawals may be temporarily suspended to prevent your funds from being stolen.

Can you cash out fiat on KuCoin? ›

KuCoin is a digital currency trading platform, and we don't support fiat money withdrawal and trading. If you have any questions, please contact online support for further help.

How do I convert fiat to crypto on KuCoin? ›

How to Use KuCoin Convert on Web
  1. Step 1: Access KuCoin Convert. To start, navigate to the KuCoin web interface and select the Convert tool from the top menu under Trade. ...
  2. Step 2: Select Cryptocurrencies and Payment Account. ...
  3. Step 3: Finalize Your Conversion.
Feb 19, 2024

Which crypto exchange can withdraw fiat? ›

The best crypto exchange for Bitcoin to fiat currency withdrawals can vary depending on factors like your location and the fiat currency you want to use. However, some popular exchanges known for their reliable fiat withdrawal options include Bitget, Coinbase, Kraken, and Bitstamp.

What is the minimum USDT withdrawal on KuCoin? ›

Withdrawal Fee And Minimum Withdrawal for Tether (USDT) Reduced We already reduced the withdrawal fee of USDT from 10 USDT to 5 USDT, and also reduced the minimum withdrawal amount of USDT from 50 USDT to 20 USDT.

How do I withdraw crypto to my bank account? ›

The most straightforward way to withdraw crypto to a bank account is by selling it through a cryptocurrency exchange, peer-to-peer trading platform, or fintech company. This way, you convert the selected crypto to fiat and send money to your bank account.

How do I withdraw from crypto? ›

Here are five ways you can cash out your crypto or Bitcoin.
  1. Use an exchange to sell crypto. ...
  2. Use your broker to sell crypto. ...
  3. Go with a peer-to-peer trade. ...
  4. Cash out at a Bitcoin ATM. ...
  5. Trade one crypto for another and then cash out.
Feb 9, 2024

What is the best app to withdraw crypto to bank account? ›

Coinbase provides an app and a wallet with which you can link your bank account to the platform, buy and sell crypto, and stay on top of the market. Expect to pay a 1% fee for every crypto withdrawal.

Where can I convert crypto to fiat? ›

You can exchange crypto to fiat on several types of platforms like:
  • Cryptocurrency exchanges.
  • Crypto mobile wallets.
  • Payment services and wallets.
  • Peer-to-peer (P2P) platforms.

What is crypto to fiat ATM? ›

A cryptocurrency ATM functions much like a regular ATM. They allow you to exchange your cryptocurrency for FIAT currency (cash), or vice versa. However, there is no affiliation to a financial institution or bank, as cryptocurrency networks are decentralized.

Does KuCoin work in the US? ›

Kucoin, as a global cryptocurrency exchange, has taken steps to address the regulatory challenges in the US market. The platform has stated that it does not currently serve US-based customers, as it does not have the necessary licenses and approvals to operate in the country.

How do I cash out crypto in USA? ›

Here are five ways you can cash out your crypto or Bitcoin.
  1. Use an exchange to sell crypto.
  2. Use your broker to sell crypto.
  3. Go with a peer-to-peer trade.
  4. Cash out at a Bitcoin ATM.
  5. Trade one crypto for another and then cash out.
  6. Bottom line.
Feb 9, 2024

Is it safe to leave money on KuCoin? ›

Yes, Kucoin is safe to use. First, unlike other exchanges like Coinbase and Crypto.com | The Best Place to Buy, Sell, and Pay with Cryptocurrency , Kucoin doesn't hold customer funds on behalf of users. Users deposit their own cryptocurrency and can withdraw it anytime they want.

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