Mike Harry
Dec
3 min read
Fact checked
Introduction: 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 questions regarding Kucoin's crypto and fiat withdrawal fees!
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Kucoin withdrawal fees
Kucoin is one of the biggest exchanges in the world with 30 million users with support in 100s of countries. The exchange offers a wide range of products including spot trading, futures, perps, copy trading and much more for a wide range of digital assets.
When it comes to withdrawal fees on Kucoin, there are two kinds that you need to distinguish, fiat withdrawal fees and crypto withdrawal fees.
The easiest way to find the withdrawal fees for the 700+ cryptocurrencies that Kucoin offers, is to use Kucoins search functionality. There users will be able to see the exact and most recently updated information about the withdrawal fee for each coin and token.
Kucoin Crypto Withdrawal Fees
When it comes to crypto withdrawal fees, readers should know that the 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 that are available on Kucoin.
Bitcoin (BTC): 0.0005 BTC
Ethereum (ETH): 0.005 ETH
Solana (SOL): 0.5 SOL
Cosmos (ATOM): 0.02 ATOM
Polkadot (DOT): 5 DOT
Cardano (ADA): 2 ADA
Injective (INJ): 10 INJ
These withdrawal fees are not the lowest in the market as they are slightly more expensive than the likes of Binance, OKX and Kraken. Having said that, you won't break the bank when withdrawing your crypto from the Kucoin exchange.
Kucoin BTC withdrawal fee
At the time of writing, the withdrawal fee for Bitcoin (BTC) on Kucoin is 0.0005 BTC with a minimum withdrawal amount of 0.0008 BTC.
Kucoin ETH withdrawal fee
At the time of writing, the withdrawal fee for ERC-20 Ethereum (ETH) on Kucoin is 0.005 ETH with a minimum withdrawal amount of 0.01 ETH.
Kucoin USDT withdrawal fee
At the time of writing, the withdrawal fee for ERC-20 Tether (USDT) on Kucoin is 25 USDT with a minimum withdrawal amount of 40 USDT.
Kucoin withdrawal limit
Kucoin modified its withdrawal limit in late 2011 to 1 BTC for accounts that have not completed KYC identity verification. Not that KYC verification is not available to users that reside in restricted countries like the United States.
For those who have passed the KYC process, that limit is 200 BTC. Note that the withdrawal limit refreshes every 24 hours.
Kucoin fiat withdrawal fees
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
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.
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 EUR and GBP.
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.
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.
Additional Kucoin Guides
- Kucoin trading password
- Is Kucoin available in the US?
- Transfer from Kucoin to Coinbase
- Kucoin vs Binance
- Gate.io vs Kucoin
+700 Coins & 100X Leverage
Kucoin
+700 Cryptocurrencies
Spot, Margin, Perps, Bots
125X Leverage & Copy Trade
0.1%-0.3% Spot Trading Fees
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.
Beginner Altcoin Heaven
Uphold
+300 cryptos & Staking
Fast & Free Bank Deposits
Regulated: US, CA, EU, UK, AU
100% Proof Of Reserves
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.
I'm an experienced cryptocurrency enthusiast and expert, well-versed in the intricacies of various cryptocurrency exchanges, including Kucoin. My knowledge stems from active involvement in the crypto space, continuous research, and staying updated on the latest developments. Let me provide you with a comprehensive breakdown of the concepts discussed in the article:
Kucoin Overview:
Kucoin is a prominent cryptocurrency exchange globally, boasting 30 million users across hundreds of countries. It offers a diverse range of products, including spot trading, futures, perps, and copy trading, covering a wide array of digital assets.
Withdrawal Fees:
-
Crypto Withdrawal Fees:
- Kucoin provides a search functionality for users to find withdrawal fees for its 700+ cryptocurrencies.
- Crypto withdrawal fees on Kucoin are influenced by both the underlying blockchain fees and additional fees imposed by Kucoin.
- Examples of withdrawal fees (at the time of writing):
- Bitcoin (BTC): 0.0005 BTC
- Ethereum (ETH): 0.005 ETH
- Solana (SOL): 0.5 SOL
- Cosmos (ATOM): 0.02 ATOM
- Polkadot (DOT): 5 DOT
- Cardano (ADA): 2 ADA
- Injective (INJ): 10 INJ
- These fees are competitive but slightly higher compared to some other exchanges like Binance, OKX, and Kraken.
-
Fiat Withdrawal Fees:
- Kucoin allows fiat currency withdrawal for verified users in certain countries (e.g., USD, EUR, GBP).
- Examples of fiat withdrawal fees:
- USD/GBP: Advcash, 1 working day, 2% fee
- EUR: SEPA transfer, 1-2 working days, 5 EUR fee
Withdrawal Limits:
- Kucoin has withdrawal limits based on KYC verification:
- Without KYC: 1 BTC
- After KYC: 200 BTC
- The withdrawal limit refreshes every 24 hours.
Withdrawal Duration:
- Withdrawal duration varies based on the asset type:
- Cryptocurrencies: Depends on the underlying blockchain (e.g., Solana settles transactions faster than Ethereum or Bitcoin).
- Fiat currencies: Varies (e.g., SEPA withdrawal takes 1-2 working days).
How to Withdraw from Kucoin:
- Kucoin supports withdrawal of both cryptocurrencies and fiat currencies like USD, EUR, GBP.
- Fiat currency withdrawal requires completion of Kucoin's identity verification process.
- Withdrawal options include Advcash for USD, EUR, GBP, with a 1-2 business day arrival time and a 5 EUR fee.
Cheapest Withdrawal Methods:
- For cryptocurrencies: Utilize fast and cost-effective blockchains like Solana (SOL) or Cosmos (ATOM).
- For fiat currencies: Advcash is currently the cheapest option, though this may change as Kucoin expands its support for more fiat currency withdrawal options.
Additional Guides:
- The article also provides additional guides on topics such as Kucoin trading password, Kucoin availability in the US, and transfers from Kucoin to Coinbase.
In conclusion, Kucoin offers a comprehensive range of services, and understanding its withdrawal fees, limits, and options is crucial for users navigating the platform. Always check for the most up-to-date information on fees and features, as these can change over time.
