Welcome to this step-by-step guide on how to withdraw your money from KuCoin and transfer it to your bank account.
In this tutorial, we’ll use two platforms—Binance and KuCoin—to facilitate the withdrawal process. If you don’t have an account with either platform, you can sign up below.
Step 1: Transfer Crypto from KuCoin to Binance
Since KuCoin doesn’t directly support bank withdrawals, we’ll first transfer crypto from KuCoin to Binance, then withdraw from Binance to your bank.
Recommended Crypto: USDT (Tether) due to its stability and low fees.
Steps:
- Convert Crypto to USDT (if necessary).
Transfer USDT from KuCoin to Binance.
- Select Tron (TRC-20) network for low fees and fast transfers.
- Copy Binance’s USDT deposit address (TRC-20 network) and paste it into KuCoin’s withdrawal form.
- Confirm the transaction (fee: $1).
- Wait a few minutes for the USDT to reflect in your Binance account.
Step 2: Withdraw from Binance to Your Bank
Once USDT is in Binance:
- Sell USDT for Fiat Currency (e.g., EUR/USDT).
Choose Withdrawal Method:
- Credit Card: Instant (1% fee).
- Bank Transfer: Lower fee (~€0.80) but slower.
- Complete the withdrawal.
Additional KuCoin Guides
Explore these related KuCoin tutorials:
- Depositing Funds to KuCoin
- Transferring Between Binance and KuCoin
- Futures Trading on KuCoin
- Staking with KuCoin
- Buying/Selling Crypto on KuCoin
👉 Need help withdrawing from Binance?
👉 Learn advanced KuCoin strategies
FAQ
Q1: Why can’t I withdraw directly from KuCoin to my bank?
A: KuCoin primarily supports crypto withdrawals. Use Binance or another exchange for fiat conversions.
Q2: Which network should I use for USDT transfers?
A: Tron (TRC-20) is recommended for low fees and speed.
Q3: How long do withdrawals take?
A: Transfers typically complete within minutes; bank withdrawals vary (instant to 1–3 days).
Q4: Are there minimum withdrawal amounts?
A: Yes—€10 for Binance, $30 for KuCoin.
Platforms Compared:
| Feature | Binance | KuCoin |
|--------------|----------------|----------------|
| Min. Deposit | €10 | $30 |
| License | CySEC | CySEC |
| Fees | Low | Low |
| Key Benefit | Wide crypto selection | Diverse altcoins |
Follow these steps to securely move funds from KuCoin to your bank. For further assistance, refer to the linked guides or create an account with either platform.