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How to Withdraw Money from Kucoin to Card or Bank Account
6K views
Oct 25, 2024
Master the process of withdrawing your funds from KuCoin to your bank account or card in this comprehensive tutorial. Learn the safest and most cost-effective methods to cash out your crypto, including step-by-step instructions for verification, conversion, and withdrawal. Whether you're a beginner or experienced trader, this guide ensures you'll complete your withdrawal securely while avoiding common mistakes and unnecessary fees.
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0:00
Hey there, if you want to withdraw your Ku-coin money into your bank account, you are actually in the right place
0:05
So first of all, I am into koi.com and as you can see, what I need to do here is to find my wallet
0:13
And here into my overview, I want to go into, well, I can just click in here or I can go into my main or my trading account, depending on where is my money
0:22
Right? So in here, for example, you have the main account. What I want to do is to select this option
0:27
So first what I want to do is to locate a token that I want to receive into my bank account
0:32
So let's see, for example, here's my Ku-coin token, and I want to go into withdraw
0:37
And here into withdrawal, I can withdraw that into a wallet address or a Q-coin user
0:43
But I want to send this directly into my account. If I choose Withdraw Fiat, here's the Fiat, right
0:51
As you can see, here's the tokens that are available into Ku-coin
0:55
So specifically speaking about myself, I want to choose Mexican peso because this one is the one
1:01
is available into my country. So I want to choose Mexican peso
1:06
And here we have the WeTrial method. Now, as you can see here, in order to continue, we have some security settings that we have
1:12
to complete. So I have this trading password. I have this already completed
1:16
I have the SMS or 2FA. And the identity verification, I need to verify this in order for receive my money into my
1:24
bank account, which is actually. really really simple I just need to upload an identity document photo here and just a selfie and I can go into Submit Once I done that I can have here a withdrawal method but as you can
1:37
see, it appears something really interested. Here it says, withdrawal methods will be available
1:43
in your region soon. If you are not able to convert all your tokens into the currency
1:50
theater that is available into your country, I can give you another solution, but I'm not pretty sure
1:55
if it's going to be working with you. I'm just going to be showing you what works for me into my scenario
2:01
So what I did is to go back here into the overview. And in here, what I want to do is to locate, once again
2:08
the token that I want to send into my bank account and send this directly into a wallet that can be actually linked into my bank account
2:19
In my case, what I did is to use Beto. Bitso is a crypto exchange, so it actually worked on almost every country
2:29
In my case, it did work in Northern America. So that's the reason why I used this application
2:34
What I just did is to went into Beto and try to look for a token that I can receive
2:41
For example, here have a lot of tokens, but if I want to receive, let's say, for example
2:46
Ku-coin, I am not going to be seeing that in here. So whether I can make a trade for let see for example USDT so first of all what I need to do is to go back into my Q token transfer that into my trading account and trade this token for USDC
3:07
As you can see here, it's USDC. So after I make this conversion, now what I can do is to trade that token, is to send that money away
3:17
You don't have to be worried about this because this is just something like really, really
3:21
it's not complex, but it's just a little bit more difficult to understand
3:25
But just being hypothetical, let's say that now I have my USDC
3:30
So I want to go into my main account. I want to locate my token, which is this one
3:35
Go into withdrawal. And here I want to choose a wallet address and a network
3:42
So I need to go back into Betzo. I need to choose USBC
3:48
And here I want to deposit tokens. So here is going to be throwing me on Ethereum network
3:55
So I need to choose this option, copy the address and paste that into my Kukcoin account
4:01
And it's really important to choose exactly the same network. Otherwise, you might be losing your money, so you want to choose Ethereum
4:08
Might be the reason it's going to be really hard to use Ethereum because the fees are almost $20
4:14
So maybe you can choose Kukoin community chain. It's really, really simple to use that, go into Confirmed
4:21
But this one has to be compatible with my betto. account So if this is not compatible I cannot be using this network So compatible wallet we have MetaMask Quaguin wallet BitKeep Trust Wallet I pretty sure Trust Wallet is available for almost every country so you might want to
4:41
try Trust Wallet, but just for this specific tutorial, we're choosing Ethereum, go into
4:46
Confirmed, choose the amount that you want to send, go into withdraw, and then you can receive
4:52
your money into BitTo. And the last thing to do here into Bito after you have your balance already in here is to go into convert
5:00
convert in my case from USD, my tokens, into the currency that it's available into my country
5:07
And now that I have the conversion right away, I can go back into my wallet
5:12
focusing here onto my Mexican peso and hit into cent, so I can send that directly into my bank account
5:20
And as simple as that, or even a debit card. and it's actually really really simple
5:25
So it's just a matter of finding a wallet that can be accepted into your bank account
5:31
If you are from the United States, I'm pretty sure you can try to use PayPal
5:35
but if you are outside of the United States, you can try something that I just did
5:40
Just try to find a wallet. I'm going to give you a trust wallet. I'm pretty sure it might be working into your country
5:45
You can tap and Google and try to figure out which one fits for you the best
5:49
So hopefully this was a very useful video for you guys. Thank you, so much for watching. video, don't forget to like and subscribe, and I'll see you next time
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