how to transfer from kucoin to bank account

Withdrawing cryptocurrency from KuCoin to a bank account involves selling the cryptocurrency, transferring USDT to a third-party platform, and withdrawing fiat currency to the bank account.

Oct 28, 2024 at 11:12 am

How to Transfer from KuCoin to Bank Account

Transferring cryptocurrency from your KuCoin account to your bank account is a simple process that can be completed in a few easy steps:

1. Sell Your Cryptocurrency:

Select the "Trade" tab from the KuCoin dashboard.
Choose the cryptocurrency pair you want to sell (e.g., BTC/USDT).
Enter the amount of cryptocurrency you want to sell in the "Sell" field.
Click the "Sell" button to execute the order.

2. Withdraw USDT to Third-Party Platform:

Once your cryptocurrency is sold, go to "Main Account" > "USDT".
Click the "Withdraw" button.
Select the "ERC20" or "TRX" withdrawal network (ERC20 recommended for lower fees).
Enter the recipient's USDT wallet address (not your bank account).

3. Withdraw Fiat Currency from Third-Party Platform:

Register for an account on a third-party platform such as Coinbase or Binance.
Add your bank account information to the platform.
Withdraw your USDT from KuCoin to the platform's USDT wallet.
Once the USDT is in your platform wallet, sell it for your desired fiat currency (e.g., USD, EUR).
Withdraw the fiat currency to your bank account.

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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

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