Summary: As Kucoin is one of the biggest cryptocurrency exchanges in the world, questions frequently arise regarding their withdrawal fees, limits and options. We decided to do a full breakdown where we cover the most common withdrawal queries for Kucoin.
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal.
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal.
Kucoin withdrawal fees
The easiest way to find the withdrawal fees for the 700+ cryptocurrencies that Kucoin offers, is to use Kucoins search functionality here.
Kucoin Cryptocurrency Withdrawal Fees
Note that crypto withdrawal fees depend on both the fees charged by the underlying blockchain and the additional fee added by Kucoin. At the time of writing, here are the withdrawal fees for a few popular cryptocurrencies:
Bitcoin (BTC): 0.001 BTC
Ethereum (ETH): 0.01 ETH
Solana (SOL): 0.5 SOL
Cosmos (ATOM): 0.02 ATOM
Polkadot (DOT): 5 DOT
Cardano (ADA): 2 ADA
Injective (INJ): 10 INJ
Kucoin withdrawal limit
Kucoin modified its withdrawal limit in late 2011 to 1 BTC for accounts that have not completed KYC identity verification.
For those who have passed the KYC process, that limit is 200 BTC. Note that the withdrawal limit refreshes every 24 hours.
How to withdraw money from Kucoin?
On Kucoin you can withdraw both cryptocurrencies and fiat currencies such as USD, EUR, GBP etc.
To be able to withdraw fiat currencies like USD, you need to complete Kucoin's identity verification process. Note that withdrawal of fiat currencies is as of now limited to mainly USD, EUR and GBP.
Kucoin SEPA Withdrawal
The only way to withdraw money from Kucoin directly to a bank account is with SEPA-withdrawal. For now, this is only available if you withdraw euros. There is a 5 EUR fee and the funds should arrive within 1-2 business days. For other currencies like USD, the only option as of now is through Advcash.
If you are looking for cheaper withdrawal fees with more options, we recommen using Kraken. Kraken is a secure and US regulated exchange with more than 10 years in the market.
Kucoin fiat withdrawal
While fiat currency withdrawal is still not available for many countries, you can withdraw currencies such as USD, EUR and GBP if you have passed the KYC verification.
USD/GBP: Advcash, 1 working days & 2% Fee
EUR: Sepa transfer, 1-2 working days & 5 EUR Fee
Kucoin Fiat Withdrawal
How long does Kucoin take to withdraw?
That depends on what you are withdrawing. If you withdraw cryptocurrencies like BTC, ETH, SOL, etc, then the withdrawal period depends to a large extent on how long it takes for the underlying blockchain to settle transactions. Solana for example settles transactions much faster than Ethereum or Bitcoin.
If you are withdrawing fiat currencies like USD, EUR, GBP etc, then it depends on the currency and withdrawal process.
For example, SEPA withdrawal can take up to 1-2 working days while USD withdrawal with Advcash can take 1 working days.
Cheapest way to withdraw from Kucoin
That depends if you want to withdraw cryptocurrencies like BTC and ETH or fiat currencies like USD and EUR.
If you want the cheapest withdrawal fees for cryptocurrencies, then you have to use fast and cheap blockchains like Solana (SOL) or Cosmos (ATOM). These are both the quickest and cheapest ways to withdraw cryptocurrencies.
The cheapest way to withdraw fiat currencies on Kucoin is through Advcash. This could of course change in the future as Kucoin adds supports for more fiat currency withdrawal options.
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal.
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal.
Author
Jack Moreau
Jack is a crypto writer and reviewer who has been active in the space since he caught the crypto bug in 2017. With a passion for trying out new shiny things, Jack is always eager to try the latest crypto exchanges, wallets or DeFi applications.
