How to Withdraw Money from KuCoin: Step-by-Step Guide

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With the growing popularity of cryptocurrency trading, knowing how to securely and efficiently withdraw funds from exchanges like KuCoin is essential. While KuCoin offers a wide range of digital assets and advanced trading tools, it doesn't currently support direct fiat withdrawals to bank accounts. This means users need to use a two-step process to convert crypto into traditional currency and transfer it to their bank.

In this comprehensive guide, we’ll walk you through how to withdraw money from KuCoin by transferring your crypto to an exchange that supports fiat withdrawals—like Binance—and then cashing out to your bank account. We'll focus on using USDT (Tether) via the TRC-20 network, which offers fast and low-cost transactions.

Why You Can’t Withdraw Directly from KuCoin to Your Bank

KuCoin is primarily a crypto-to-crypto exchange, meaning it doesn’t offer built-in banking integrations for direct EUR, USD, or other fiat currency transfers. To access real-world money, you must first move your holdings to an exchange that supports fiat off-ramping—the process of converting digital assets into traditional currency.

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This limitation is common among many decentralized or international exchanges due to regulatory and compliance requirements. However, this doesn’t stop you from cashing out—it just adds one extra step.

Step 1: Convert Your Assets to USDT on KuCoin

Before transferring, ensure the cryptocurrency you want to withdraw is converted into USDT (Tether). USDT is a stablecoin pegged 1:1 to the US dollar, making it ideal for transfers without price volatility.

Here’s how:

  1. Log in to your KuCoin account.
  2. Go to the Trade section.
  3. Search for the trading pair of your current asset against USDT (e.g., BTC/USDT).
  4. Place a sell order for the amount you wish to withdraw.
  5. Confirm the transaction and wait for it to complete.

Once done, your balance will be in USDT on KuCoin’s main account.

Note: If your USDT is in a sub-account (like Trading or Futures), transfer it to your Main Account under Wallet > Transfer.

Step 2: Transfer USDT from KuCoin to Binance

Now that you have USDT, send it from KuCoin to Binance, where you can later convert it to fiat.

On KuCoin:

  1. Navigate to Assets > Withdraw.
  2. Select USDT as the cryptocurrency.
  3. Choose the TRC-20 (Tron) network—this keeps fees low (usually around $1).
  4. Enter the USDT deposit address from your Binance account.
  5. Input the withdrawal amount.
  6. Confirm with your password and email verification code.

🚨 Critical: Always double-check that both KuCoin and Binance are set to use the TRC-20 network. Using different networks (like ERC-20 or BEP-20) may result in lost funds.

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Step 3: Deposit USDT into Binance

On Binance:

  1. Go to Wallet > Spot Wallet > Deposit.
  2. Select USDT.
  3. Choose TRC-20 as the network.
  4. Copy the provided deposit address.
  5. Use this address when withdrawing from KuCoin.

After initiating the transfer, your USDT should appear in your Binance Spot wallet within minutes.

Step 4: Convert USDT to Fiat Currency (EUR, USD, etc.)

With USDT now on Binance, you can exchange it for your local currency.

Steps:

  1. Go to Markets > Fiat & Spot Trading.
  2. Search for the USDT/EUR or USDT/USD trading pair.
  3. Click Sell USDT.
  4. Enter the amount and confirm the trade.

Your account balance will now show the equivalent fiat amount.

Step 5: Withdraw Fiat to Your Bank Account

Finally, transfer the funds directly to your bank.

On Binance:

  1. Go to Withdraw > Fiat.
  2. Select your currency (e.g., EUR or USD).

  3. Choose a withdrawal method:

    • Bank Card: ~1% fee, instant到账
    • Bank Transfer (SEPA): ~€0.80 fee, takes 1–3 business days
  4. Enter the amount and confirm with 2FA.

Once processed, the money will appear in your linked bank account.

💡 Tip: For faster processing, link your bank card or verify your SEPA details in advance under Payment Methods.

Alternative: Withdraw to a Self-Custody Wallet

If you prefer not to use Binance, you can send USDT directly from KuCoin to a personal wallet like MetaMask or Trust Wallet—but only if it supports TRC-20. Then, use a peer-to-peer (P2P) platform or another exchange connected to banking services to complete the cash-out.

Always verify:

Mistakes here can lead to irreversible losses.

Frequently Asked Questions (FAQ)

Q: Can I withdraw money directly from KuCoin to my bank?

No, KuCoin does not currently support direct fiat withdrawals. You must transfer your crypto to an exchange like Binance or Kraken that offers fiat off-ramp services.

Q: Which network should I use when sending USDT from KuCoin?

Use the TRC-20 (Tron) network for the lowest fees (~$1). Just make sure Binance or your destination also accepts TRC-20 USDT.

Q: How long does it take for USDT to arrive on Binance?

Typically within 5–15 minutes, depending on network congestion.

Q: What happens if I send USDT using the wrong network?

Sending via an unsupported network (e.g., ERC-20 instead of TRC-20) may result in permanent loss of funds unless the receiving platform manually recovers them—which isn't guaranteed.

Q: Are there withdrawal limits on KuCoin?

Yes, KuCoin applies daily withdrawal limits based on verification level and security settings. You can view these under Account Limits in your profile.

Q: Is it safe to transfer between exchanges?

Yes, as long as you double-check addresses, use strong passwords, enable two-factor authentication (2FA), and avoid public Wi-Fi during transactions.

Core Keywords

By following these steps carefully, you can successfully move funds from KuCoin all the way to your bank account with minimal fees and maximum security. Always stay updated on exchange policies and network options to avoid costly mistakes.

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