Processing withdrawals from your funded OKCoin account are easy. You can withdraw Bitcoin Cash or Fiat money, depending on what you have deposited.
Let’s go through the step by step process to help you withdraw funds on your OKCoin account:
Click here to open the exchange site.
You have three options when logging in. As shown on the image below, you can log in using your linked phone number, registered email address, and sub-account.
In this example, we are logging in using the email address and password I’ve filed for OKCoin.
Once logged in, you will see the “My Wallet” page where you can see available tokens. To withdraw, click on “Token Withdraw” from your selected Bitcoin Cash or currency.
For Bitcoin Cash withdrawal, select your Bitcoin Cash under “Token Deposit”. We are using Bitcoin in this example.
Paste the deposit address or select your wallet address by clicking on “OK address.” It is a must to copy the correct address before submitting the transaction. Otherwise, you may lose control of your Bitcoin Cash as it can no longer be reverted. Next, type in your Google Authentication code, SMS Verification code, and Fund password. Click on “Confirm withdrawal” to proceed.
You can check your balance by clicking on the “Balance” menu available on the right side of the page.
For Fiat money withdrawal, select your currency under “Token Withdraw”. We are using USD in this example.
Select the beneficiary account and type in the amount you opt to withdraw. After submitting the request, OKCoin will verify the details and process the transfer.
Epay service fee and wire transfer fee will be deducted automatically from your withdrawal amount. If your withdrawal is rejected by the beneficiary bank, OKCoin will return the withdrawal amount as well as the service fee. However, Epay service fee and wire transfer fee cannot be refunded. Therefore, it’s a must to enter the correct bank information before making a withdrawal.
Note: KYC level 2 is required for USD withdrawal as shown on the image below.
Bithumb only accepts Fiat currency (KRW) deposits from Korean residents. Other users have the option to deposit cryptocurrency like Bitcoin Cash.
Here’s a practical guide on how to deposit Bitcoin Cash on your Bithumb account:
Head to https://www.bithumb.com and log in to your account using the email and password you used upon registering, and then click on “Sign In.”
Enter the security password you used when you signed up then click “Confirm.”
From the homepage, select the “Wallet” tab at the top and choose “Deposit.”
Or click on “Deposit/Charge” at the upper right side of the page. Always double check the address that you’re using in processing deposits as processed transactions can no longer be reverted and could cause you to lose funds.
You can check your transaction history at the bottom of the page at the “History” Section or by clicking on the “Pending Order” and “Completed Orders” buttons at the bottom of the vertical tab on the right side.
Congratulations! You have funded Bitcoin Cash on your Bithumb account and you are now ready to trade.
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