Withdrawing funds from your KuCoin account is very straight-forward. However, prior to making deposit and withdrawal transactions, you have to go through Security and KYC verification processes to ensure your safety.
Here, you will find steps that you can follow in withdrawing funds from KuCoin account.
Click this to access the platform.
Once the site is up, log-in with your registered account.
Use the email address and password you’ve registered for KuCoin and click on “Log in.”
After logging in, you will be routed automatically to the “Assets” page.
Inside the “Assets” page, select your Algorand (ALGO) or if it’s more convenient for you, type in your Algorand (ALGO) on the Search bar. Click on “Withdrawal” in line with your selected Algorand (ALGO) or directly click on the “Withdrawal” menu at the left side of the screen. We are using BTC in this example.
The Withdrawal form will ask you to enter your Algorand (ALGO) address, the amount that you wish to withdraw, your security question (this was set up upon KuCoin registration), and finally, your Google 2FA six-digit verification code. It is highly recommended to double check your wallet address before completing each withdrawal transaction to avoid losing money.
Click on “Confirm” to continue.
“Withdrawal history” is readily available should you want to check your pending and or all processed deposits.
At Bitfinex, any registered user can make a deposit either through cryptocurrencies like Algorand (ALGO) or Fiat money. However, it is mandatory to have a verified account if you intend to process a Fiat money deposit. Just like other exchanges, the funding process for this platform is very understandable.
This guide will help any individual make his/her first deposit on Bitfinex a success.
Click this link to access the exchange site.
Log-in using your registered account. Make sure to copy the Captcha text.
Get the 6-digit code from the authenticator app if you have enabled 2FA on your Bitfinex account. Click the ‘Authenticate’ box after entering the 2FA code.
After logging in click the Deposit tab on the top of the page.
Depositing Algorand (ALGO) does not require a verified account. So while waiting for the verification request approval, you can process cryptocurrency deposit first.
From the Deposit section, locate the Cryptocurrencies panel and choose which currency you want to fund.
Read the guidelines on the screen especially regarding the fees before proceeding.
After grasping all information check all the boxes and hit the ‘ I understand. Continue.’ button.
Bitfinex offers three types of wallet addresses. The most commonly used is the Exchange Wallet which users can use for buying & selling supported tokens. The other two are Margin Wallet (trading on margin) and Funding Wallet (provides finance for other margin traders).
Select which wallet address you want to fund and click on ‘Click to generate address’ button. Additionally, tick on the icon just beside ‘Click to generate address’ to copy the address to the clipboard. This action will make sure that you’re copying the correct one.
To complete this step, you have to enter the Bitfinex address to the external wallet from which you intend to access and send the funds. There is a minimum of 20 confirmations (approximately 5+ minutes) before the funds get credited to your Bitfinex account.
If your account verification request already gets approval, you may also deposit Fiat money to it. From the deposit section, locate ‘Bank Wire’ and choose the currency you wish to fund from the list.
Follow the instructions on the page such as providing the bank details from which the funds will be coming from and other necessary information needed to complete the process. Always see to it that everything you enter is accurate and updated to avoid errors and delays. You will get a notification once the funds get credited to your Bitfinex account.
You can check your deposit transaction on the Deposit section under Recent Deposits.
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