Processing withdrawals from your funded OKCoin account are easy. You can withdraw Multi-collateral DAI (DAI) 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 Multi-collateral DAI (DAI) or currency.
For Multi-collateral DAI (DAI) withdrawal, select your Multi-collateral DAI (DAI) 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 Multi-collateral DAI (DAI) 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.
GDAX or Coinbase Pro offers straightforward steps in depositing Multi-collateral DAI (DAI) 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 Multi-collateral DAI (DAI) deposit 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.”
To deposit Multi-collateral DAI (DAI) on your GDAX account, select your Multi-collateral DAI (DAI) from the drop-down menu under “Select currency.”
Once you’ve selected your Multi-collateral DAI (DAI), copy the deposit address or scan the QR code to generate a new one. Note that you can only send Multi-collateral DAI (DAI) to this address.
Another option available is for you to deposit Multi-collateral DAI (DAI) through Coinbase wallet. Click on “Coinbase Multi-collateral DAI (DAI) 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 Multi-collateral DAI (DAI)” to continue.
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.
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