How to Transfer Cryptocurrency From KuCoin Exchange to KuCoin Wallet
Web3 wallets are crucial for crypto traders, where you own your private keys and secret phrases. While KuCoin Exchange offers a secure custody solution to keep your cryptos safe, you may still want to experiment new ways to have full control of your assets. If this is your choice, you should always store your assets in a secure, self-custodial wallet like KuCoin Wallet. However, once you fully control your private keys and secret phrases, it’s up to you to keep them safe.
Read on to learn how you can transfer your cryptos from KuCoin Exchange to KuCoin Wallet in a few steps.
How to Withdraw Cryptos From KuCoin Exchange?
Before you can get started withdrawing your cryptos from KuCoin Exchange, you will first need to set up KuCoin Wallet.
Next, go to kucoin.com, log into your account, and check your KuCoin account’s wallets to see the cryptos you hold.
Alternatively, you can access your KuCoin account using the KuCoin mobile App on your phone.
Now, you can transfer the cryptos you hold on KuCoin Exchange to KuCoin Wallet with the following steps:
Step 1: Get receiving address on KuCoin Wallet
1. Open the KuCoin Wallet App and click [Receive] on the homepage.
2. Input the token you want to receive in the search bar. Click on it to select the token. For the purposes of this guide, we will use USDT.
3. Click [Receive] on the token page. Choose the network and copy the USDT wallet address.
Note KuCoin Wallet now supports 4 public chains, Ethereum, KCC(KuCoin Community Chain), Polygon and BNB Chain. Make sure to carefully check the network you selected to receive the token.
Step 2: Withdraw cryptos from KuCoin Exchange to KuCoin Wallet
1. Head to your KuCoin account and click [Withdraw].
2. Select the token you want to withdraw – in this case, USDT. Paste the USDT wallet address copied from KuCoin Wallet and choose a corresponding network. Input the amount you wish to withdraw, then click confirm to proceed.
Note that you can only withdraw from your KuCoin Main Account or Trading Account, so make sure to transfer your cryptos to the Main Account or Trading account before attempting withdrawal.
Also remember that you need to have enough KCS in your wallet to cover your network fees.
3. The security verification window will pop up. Fill in the trading password, verification code, and the 2FA code to submit the withdrawal request.
Alternatively, you can also access your KuCoin account using the KuCoin App on your phone. Log in to your KuCoin account, then tap Assets Withdraw to enter the withdrawal page. Select a token, fill in the wallet address, and choose the corresponding network. Input the amount, then tap Confirm to proceed.
This is how to transfer your cryptos from KuCoin Exchange to KuCoin Wallet. You can now go to the KuCoin Wallet App and check your USDT balance.
Why Should You Transfer Your Cryptos from Exchanges like KuCoin to KuCoin Wallet?
KuCoin Exchange provides users with custodial wallets, with the private keys of users’ wallets held by KuCoin Exchange. When your cryptos are stored in KuCoin Exchange, many of them are held in cold storage, a highly secure storage solution where private keys are never made available online.
But still, some users prefer to take full control of their cryptos, and KuCoin Wallet is the most optimal choice for them. KuCoin Wallet is a self-custodial wallet that is fully supported by the KuCoin ecosystem. Under the dual protection of the KuCoin Exchange’s advanced security technologies and Hacken security audit certification, KuCoin Wallet users can rest assured that their assets are secure and fully protected.
About KuCoin Wallet
KuCoin Wallet is a secure and easy-to-use crypto wallet that supports multi-chain aggregation powered by the KuCoin ecosystem. With the security expertise of KuCoin and the leading security technology audited by Hacken, KuCoin Wallet is a self-custody wallet with users having full control of their assets. KuCoin Wallet provides the easiest way for users to manage multi-chain assets and enables them to buy, store and view NFT collections directly within the wallet. KuCoin Wallet is a gateway to the world of Web3 for all crypto users.