How to Withdraw Cryptocurrency and Make Internal Transfers

Understanding Withdrawals and Internal Transfers

Withdrawals refer to transferring digital assets stored on KuCoin to external platforms. This process is termed as a withdrawal for KuCoin (the sender) and a deposit for the receiving platform. KuCoin allows users to withdraw assets from their funding account or contract account (for BTC/USDT).

👉 Learn more about account functionalities

Step-by-Step Withdrawal Guide

1. Log in to your KuCoin account, navigate to “Assets” > “Withdraw”.
2. Search for the cryptocurrency you wish to withdraw.

3. Enter:

   • Wallet address
   • Withdrawal amount
   • Network (e.g., ERC-20, TRC-20 for USDT)
   • Optional memo/tag
4. Confirm details and complete security verification (email/SMS/Google Authenticator).

Key Notes:

• Addresses must be accurate and support the chosen network.
• Minimum withdrawal amounts and fees vary per coin.

Important Considerations

1. Processing Time:

   • Automated processing within 30 minutes; manual reviews (for large amounts) take ≤2 business hours.

2. Irreversible Transactions:

   • Ensure the recipient address is correct. Incorrect transfers cannot be reversed.

3. Fees:

   • Check fees per coin on the withdrawal page.

Managing Addresses and Records

Adding Frequent Addresses

Save time by whitelisting addresses. Requires one-time verification via:

• Transaction password
• Email/SMS/Google Authenticator

Viewing Transaction History

Navigate to “Assets” > “Deposit/Withdrawal History” for records.

Internal Transfers

KuCoin enables fee-free, instant transfers between KuCoin accounts:

1. Select “Withdraw”, input the recipient’s:

   • Email
   • Phone number
   • UID
2. The system auto-detects internal addresses, enabling seamless transfers.

👉 Explore secure transfer options

FAQ

1. Why is my withdrawal pending?

• Large transactions may require manual review (≤2 business hours).

2. Can I cancel a withdrawal?

• No. Once initiated, withdrawals cannot be canceled.

3. How do I lower withdrawal fees?

• Choose networks with lower fees (e.g., TRC-20 for USDT).

4. What if I enter the wrong address?

• Funds sent to incompatible addresses are irrecoverable.

5. Is there a minimum withdrawal amount?

• Yes. Check the coin-specific limit on the withdrawal page.

6. How fast are internal transfers?

• Instant, with zero fees.

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