Here’s what you need to know about this process:
How to transfer from Gemini to KuCoin
Here are 8 steps that you’ll need to transfer your crypto from Gemini to KuCoin:
- Go to the ‘Main Account’ tab on the KuCoin dashboard
- Select the currency you wish to transfer and click on ‘Deposit’
- Copy the wallet address that is shown
- Go to Gemini and select the cryptocurrency
- Select ‘Withdraw’ to send your currency to another wallet
- Select the amount of currency you wish to withdraw
- Paste the deposit address from KuCoin as the destination address
- Review the withdrawal before confirming the transaction
And here is each step explained in-depth:
Go to the ‘Main Account’ tab on the KuCoin dashboard
First, you will need to go to the ‘Main Account‘ tab on KuCoin.
Select the currency you wish to transfer and click on ‘Deposit’
Once you’re in the Main Account section, you’ll need to choose the currency that you wish to transfer.
Copy the wallet address that is shown
After selecting the cryptocurrency, you’ll need to select ‘Deposit‘.
This will give you a wallet address that you’ll need to copy over to KuCoin.
There are 2 important things that you’ll need to take note of:
- The wallet address you’re depositing to has to be in the same currency as the one that you’re withdrawing from
- The deposit address has to be copied letter for letter
It is very important that you ensure that both of these steps are followed carefully.
Otherwise, you may lose your crypto forever!
If you are finding it hard to remember all of these long deposit addresses, you may want to consider simplifying them using Unstoppable Domains.
This allows you to send crypto to a .crypto or .wallet address, which makes it much easier to transfer cryptocurrencies between platforms!
Go to Gemini and select the cryptocurrency
Once you’ve obtained the deposit address, you can now go onto Gemini’s platform.
You’ll need to select the cryptocurrency that you wish to deposit to KuCoin. This can be done in the ‘Portfolio’ section.
Select ‘Withdraw’ to send your currency to another wallet
After selecting the currency you wish to transfer, you’ll need to select ‘Withdraw‘.
Select the amount of currency you wish to withdraw
After that, you’ll need to select the amount of crypto you wish to withdraw.
Paste the deposit address from KuCoin as the destination address
You’ll be asked to paste the address that you wish to send your crypto to.
You can either scan the QR code, or paste the wallet address that you’ve copied from KuCoin.
Review the withdrawal before confirming the transaction
You’ll be able to review the details of your withdrawal, before confirming it.
After the confirmation, your crypto will start being sent to KuCoin.
The withdrawal may take a while to reach your KuCoin wallet. This really depends on how active the network is at the point of your withdrawal request.
Which cryptocurrencies can I send from Gemini to KuCoin?
However, Gemini only supports the ERC20 version of these tokens. This means that you’ll have to use the ERC20 deposit address that is found on KuCoin.
For some of these currencies (such as ETH), there may be more than 1 network that you can use to deposit your cryptocurrencies in KuCoin. For ETH, you can use 3 networks:
As such, do remember to deposit your currencies from Gemini to KuCoin using the ERC20 network!
What are the fees to transfer from Gemini to KuCoin?
Gemini charges up to 10 free withdrawals per month, which can greatly help to reduce the costs that you incur when sending crypto between platforms.
Furthermore, since Gemini allows you to buy cryptocurrencies directly via fiat currencies on their Active Trader platform, you can take advantage of this to buy rarer altcoins on KuCoin!
Due to the 10 free withdrawals each month offered by Gemini, it is one of the best ways to transfer ERC20 tokens to other platforms like KuCoin.
However, don’t forget to select the ERC20 network when copying the deposit address!
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