GDAX or Coinbase Pro offers straightforward steps in processing Multi-collateral DAI (DAI) or Fiat money withdrawals. 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 Multi-collateral DAI (DAI) withdrawal 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 “Withdraw.”
To withdraw Multi-collateral DAI (DAI) from your GDAX account, select your Multi-collateral DAI (DAI) from the drop-down menu under “Select currency.” After selecting your Multi-collateral DAI (DAI), click on “Multi-collateral DAI (DAI) address” and enter the address. Make sure that you supply the correct one to avoid losing funds as it can no longer be reverted once completely processed.
Click on “Withdraw funds” to proceed.
To deposit Multi-collateral DAI (DAI) on your GDAX account, select your Multi-collateral DAI (DAI) from the drop-down menu under “Select currency.” After selecting your currency, you will be routed to another page showing you different methods to select from in processing withdrawal. Fill out the form with the information required by the system. Make sure your information are accurate and complete to avoid delays or losing funds. Click on “Withdraw funds” to proceed.
With OKCoin, you can deposit cryptocurrencies like Multi-collateral DAI (DAI) 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 Multi-collateral DAI (DAI) or currency.
For Multi-collateral DAI (DAI) deposit, select your Multi-collateral DAI (DAI) 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 Multi-collateral DAI (DAI) 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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