Ultimate guide on how to transfer
Kyber Network (KNC) from Bitfinex to GDAX (CoinBase Pro)

Step by step overview on how to withdraw Kyber Network (KNC) from Bitfinex

After a couple of trading activities on Bitfinex, you may now go ahead and make your first Kyber Network (KNC) withdrawal. Whether it’s a Fiat or cryptocurrency withdrawal, the process outlined by Bitfinex is straightforward, and anybody can do it even beginners. Take note though that only verified users can make a Fiat money withdrawal.

To help you achieve your first withdrawal, we have prepared this guide for you to follow.

  1. Withdraw Kyber Network (KNC) from Bitfinex
  2. Withdraw Fiat money from Bitfinex

To start, open the Bitfinex site through this link.

Log-in with the email address and password you used during registration, enter the Captcha text and click Log in.

For 2FA enabled account, enter the 6-digit code from the authenticator app and hit Authenticate.

Go to the ‘Withdraw’ section to start the activity.

1. Withdraw Kyber Network (KNC) from your Bitfinex account

From the Withdraw page select which cryptocurrency you would like to get the funds from under the ‘Cryptocurrencies’ panel.

Enter the receiving wallet address, the amount you want to send, the sending wallet and your Note if any. Tick the small boxes to confirm that you wish to add a note for this transaction and that you have understood all the terms and conditions. Click the ‘Request Withdrawal’ button to proceed. Also before sending the request, a ‘Receive Amount’ field will show which tells you the total amount you will receive less the Tx Fee. This action usually takes up to 12 hours to complete.

Great work! You have successfully withdrawn Kyber Network (KNC) from Bitfinex.

 

2. Withdraw Fiat money from your Bitfinex account

For you to withdraw Fiat money from your Bitfinex account, go to the ‘Withdraw’ section and select the currency you wish to take the funds from under Bank Wire. On the next page, fill in your wire information such as name, address and bank details.

If you choose ‘Standard Withdrawal’ the fee structure is 0.1% of the withdrawn amount with a minimum of $20.00 (processed within seven days). Whereas if it’s an ‘Express Withdrawal’ the fee is 1% and with a processing time of 24 hours or 1 business day.

You can check the withdrawal that you’ve just made from the ‘Withdraw’ page under the ‘Recent Withdrawals’ section.

Congratulations! You have made your first Kyber Network (KNC) withdrawal from Bitfinex.

Step by step overview on how to deposit Kyber Network (KNC) on GDAX

GDAX or Coinbase Pro offers straightforward steps in depositing Kyber Network (KNC) or Fiat money. To gain access to all available features on GDAX, you need to completely verify your account.

We prepared this guide to help you with your first Kyber Network (KNC) deposit on GDAX.

  1. Deposit Kyber Network (KNC) on GDAX
  2. Deposit Fiat money on GDAX

Access the GDAX website by clicking this link. The link is now showing as Coinbase Pro.

Once you’re logged in, type in your registered email address and password. 

After logging in, proceed at the  upper-left side corner of the page and select your currency, then click on “Deposit.”

1. Deposit Kyber Network (KNC) on your GDAX account

To deposit Kyber Network (KNC) on your GDAX account, select your Kyber Network (KNC) from the drop-down menu under “Select currency.”

Once you’ve selected your Kyber Network (KNC), copy the deposit address or scan the QR code to generate a new one. Note that you can only send Kyber Network (KNC) to this address.

Another option available is for you to deposit Kyber Network (KNC) through Coinbase wallet. Click on “Coinbase Kyber Network (KNC) Wallet” and fill out the form with the deposit address and amount. Make sure that you are supplying the correct address to avoid losing funds. Click on “Deposit Kyber Network (KNC)” to continue.

Perfect! You have deposited Kyber Network (KNC) on your GDAX account. 

 

2. Deposit Fiat money on your GDAX account

Fiat money deposit is also available on GDAX. Select your currency from the drop-down menu under “Select currency.”

For Fiat money, you have three options to select from. You can deposit through Wire Transfer, Coinbase USD Wallet, or Bank Account. After selecting your method of depositing, fill out the form with the information required by the system. Make sure your information is accurate when filling out the form to avoid delays or losing funds. Click on “Deposit” to proceed.

Awesome! You have deposited Fiat money to continue.

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