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.
As one of the most trusted exchanges in the UK, Coinfloor offers its users two options in funding their accounts. Whether you choose to deposit through Fiat or Bitcoin Cash, both process is easy to initiate and complete.
If you wonder how to do this, you can quickly go through the steps below.
To start, you have to sign in to your account by entering your email address and password. Additionally, you can also tick the ‘I’m a trader’ box if you believe you are and wish to disable the additional 2FA. After this, click Sign In to continue.
Here, you will have to input your Authy code. This part is the 2FA setting that you’ve added when you first signed up for an account on Coinfloor. Submit this code to proceed.
Unlike other exchanges, the deposit tab or section will only appear on Coinfloor once everything gets verified. From the homepage, you can start verification by hitting ‘Choose’ under Initiate Verification. After this step, the ‘Deposit’ tab will show up on the top navigation bar of the site. Click on it and select Bitcoin Cash as your deposit.
Your unique deposit address will appear where you can transfer the funds using your preferred wallet. Coinfloor processes Bitcoin Cash deposits 24/7.
Note: For more info about Bitcoin Cash deposits you can check Coinfloor’s support page here.
Just like Bitcoin Cash deposits, funding with Fiat also requires passing verification. You can verify by clicking on the ‘Choose’ button from the homepage and afterward the ‘Deposit’ tab on the top navigation bar will become available.
When you access the deposit section, you will find Coinfloor Exchange UK’s client account details together with your unique reference code which is under BIC/SWIFT and in purple color. It is advisable to enter this code in the “message to beneficiary” field without additional words or numbers to avoid delays and errors.
The displayed bank account is where you need to transfer the funds and always make sure to specify the currency you are sending. Clearing may take up to five business days depending on what deposit method you choose.
Note: For more info regarding Fiat deposits (including fees), feel free to check this link.
To check your deposits, you can quickly go to the ‘Deposits and Withdrawals History’ section from your ‘My Account’ page.
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