Processing withdrawals from your funded OKCoin account are easy. You can withdraw USDCoin (USDC) 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 USDCoin (USDC) or currency.
For USDCoin (USDC) withdrawal, select your USDCoin (USDC) 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 USDCoin (USDC) 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.
You can acquire funds in your BitBay account through digital currencies like USDCoin (USDC) 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 USDCoin (USDC) 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, USDCoin (USDC) 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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