Does Kucoin have a Withdrawal Limit?

KuCoin is a global exchange company that offers a vast and many crypto investment options that ranges from buying and trading to futures and mining.

When exploring cryptocurrencies trading using any crypto exchanges like KuCoin, one of your main concerns would always be how to get your assets withdrawn, you will also definitely want to know how long the process would take, how much you would be charged for your withdrawals, as well as knowing the limit to which you can perform your withdrawals.

Why I’m I So Limited on Withdrawals as a Kucoin User?

While KuCoin can be explored without completing a KYC procedure, the exchange basically indulges all its users to get through the Know Your Customer (KYC) processes for verification so as to have the enablement to get full access to all the features on its platform.

This means that anonymous traders or users on Kucoin would be limited to just 1 BTC withdrawal per 24 hours. The limit which though could be satisfactorily enough for most users that engages in crypto-to-crypto trades. Its nevertheless advisable to upgrade your account to access extended withdrawal limits and lowest fees.

How does Kucoin Structure its Withdrawal Limits?

On KuCoin, theres a 24-hour withdrawal limit, with amount limits also varying depending on the level. Although this might likely look very complicated, nevertheless the limits and fee structure on KuCoin is transparent and its something you can trust, with ease of understanding.

KuCoin uses a level-based pay structure, where those in the higher tiers gain lower trading fees when they buy and sell coins; with these levels also determining your withdrawal limits as users.

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What are the Levels that determine your Withdrawal Limits on Kucoin?

Level 0-4

Users in these levels are those whose accounts are without any KCS or a 30-day average trading volume less than the equivalent of 50 BTC. Spot traders at these levels are charged 0.1% by maker/taker on each transaction but can be reduced to 0.08% with KCS Pay Fee enabled due to the 20% discount.

Hence, traders ranging between the 0-4 levels will have an amount limit of 200 BTC for every 24 hours.

Level 5

Users in this level are those whose accounts are with 40,000 KCS holdings or a 30-day average trading volume equivalent to 4,000 BTC. Maker fee is forgone, and takers fee is only 0.07%, but can be reduced to 0.056% with KCS Pay Fee enabled.
Hence, traders in this level will have an amount limit of up to 500 BTC daily.

Level 12

This is the highest level in the KuCoin fee structure, and users in this level are those whose accounts are with 150,000 KCS or a 30-day average trading volume equivalent to 80,000 BTC. Maker fee on here will be a negative rate of 0.005%, and takers fee is just 0.025%, but can be reduced to 0.02%; the platform’s lowest rate.

Hence, traders having account in this level have a daily withdrawal limit of 3,000 BTC.

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Final Thought

KuCoin imposed 24 hours withdrawal limits, variable based on user levels. Hence, cryptocurrency market is known to be one of the most volatile around, often losing and gaining value multiple times per day, it’s therefore important to always ensure that you frequently check for current updates to be aware of things like the withdrawal limits before you eventually complete your order.