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 Maker (MKR) or if it’s more convenient for you, type in your Maker (MKR) on the Search bar. Click on “Withdrawal” in line with your selected Maker (MKR) 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 Maker (MKR) 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.
You can acquire funds in your BitBay account through digital currencies like Maker (MKR) orFiat money. The procedure for putting money on this platform is very understandable. Also, verification is not necessary when making a cryptocurrency deposit. However, if you intend to deposit using Fiat money, it is mandatory to have a verified account.
Here you will find steps that can help you make your first Maker (MKR) deposit on BitBay.
First off, access the log-in page of the exchange.
Once the log-in page is up, enter your registered email address or username and hit Log In.
Also, type in your chosen password and click Log In.
Retrieve the 6-digit code from the Authenticator app if you have enabled 2FA in your BitBay account.
After signing in go to the ‘Wallets’ section to start your deposit.
As mentioned, Maker (MKR) deposits do not require account verification. To initiate this process select the cryptocurrency that you wish to deposit from the left panel and click the ‘Acceptance’ box that appears on the right side. Always remember that the address is only intended for the chosen cryptocurrency.
Scan the QR code that is on the screen with the wallet address to where the funds will be coming from or enter the Deposit address. You can also generate a new address if you want. Just click ‘Generate address’ found at the bottom. The transfer is automatic, and funds will become available in your account after receiving the right amount of confirmations from the network.
For Fiat money deposits BitBay can accept USD, PLN, and EUR. In this step account verification is necessary.
To start, select the currency of your deposit from the left panel. In this example, we are using USD.
Click ‘Wire bank transfer’ on the right section of the page.
The account details of where you will make your Fiat deposit will show up on the screen. Make sure to copy the transfer description or account details as indicated by the system. Transfers are recorded three times a day during business days.
You can also make an express deposit at any Polish Post Office. The maximum amount of deposit you can make is 50 000 PLN, but not less than 10 PLN. The number of deposits is unlimited and only verified users could take advantage of this option.
From the options, select ‘deposit at the Polish Post Office’ or the first option beside Bank transfer.
Enter the amount of your deposit and click the ‘Deposit’ button.
Print the ‘Payment order’ and show this to the post office together with your payment. The funds will appear in your account in a maximum of 10-15 minutes.
You can view your deposits by clicking History and going to the ‘Deposits/Withdrawals’ section.
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