Upbit exchange also allows its users to make withdrawals. The fee differs per session which you can find on their ‘Information Use’ section. Just like deposits, withdrawing your funds from this platform is also easy and quick.
Please see the steps below for the instructions on how to withdraw.
After accessing the Login page, click on the ‘Login to cacao account’ button.
Input the email address and password that you used when you signed up for an account on Upbit/Kakao. To continue, click on the Log-In button.
Just like other exchanges, a user can only withdraw once his/her account gets fully authenticated. After completing the verification stage, you can go to the ‘Disbursement’ tab on the top navigation bar to start your withdrawal.
Select from the list of assets the cryptocurrency from which you want to withdraw the funds. Go to the ‘Withdrawal’ tab and follow the additional instructions just like entering the correct info of the receiver of funds. Achieving accuracy for this transaction will avoid issues and delays.
If you have a verified Upbit account, you can also make a Fiat withdrawal. Do this by going to the ‘Disbursement’ tab.
Point your mouse to the Fiat currency that holds the funds and navigate to the ‘Withdrawal’ tab. As always, be sure to follow the additional instructions. This step includes entering the correct details of the receiving channel which may consist but not limited to bank details and personal info.
To gain access to the status of your transaction, you can go to the ‘Deposit/withdrawal waiting’ section of the ‘Investment History’ page.
With OKCoin, you can deposit cryptocurrencies like Bitcoin as well as Fiat money.
Here are the steps on how to deposit funds on your registered and confirmed 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 deposit, click on “Token Deposit” from your selected Bitcoin or currency.
For Bitcoin deposit, select your Bitcoin under “Token Deposit”. We are using Bitcoin in this example.
Copy the current deposit address or select your wallet address by clicking on “Address history.” It is a must to copy the correct address before submitting the transaction. Otherwise, you may lose control of your Bitcoin as it can no longer be reverted.
You can check your balance by clicking on the “Balance” menu available on the right side of the page.
For Fiat money deposit, select your currency under “Token Deposit”. We are using USD in this example.
Choose your bank of deposit and enter your desired amount (as per latest update, the minimum is USD100; maximum depends on your KYC level). Read OKCoin’s terms of service and check the box, then click on “Submit.” After submission, you will be redirected to the deposit confirmation page which shows the details of the beneficiary bank.
Make sure to complete the deposit within 72 hours, or the request will be canceled. It is a must to enter all the required information of the beneficiary bank as instructed in order not to lose your money.
Note: KYC level 2 is required for USD deposit as shown on the image below.
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