How to Withdraw Crypto from an Exchange in 2026

1. 1
   Get the deposit address from your destination

   Before starting the withdrawal, go to the exchange or wallet you're sending to and generate a deposit address. On exchanges: Wallet → Deposit → select the coin → select the network → copy the address. On hardware wallets: open the coin app and copy the receive address.

   Critical first step: Confirm which networks the destination supports before you choose a network on the sending side. Not all exchanges support all networks for every coin.
2. 2
   Go to Withdraw on the sending exchange

   On Bybit: Assets → Withdraw → enter coin name. On Binance: Wallet → Withdraw → select coin. On MEXC: Assets → Withdraw → search coin. On KuCoin: Main Account → Withdrawal.

   You'll see a form with: Address field, Network selector, and Amount field.

3. 3
   Paste the address — never type it

   Copy the deposit address from your destination wallet (Step 1) and paste it into the address field. After pasting, visually verify the first 6 and last 6 characters match the original.

   Clipboard hijacking: Certain malware replaces copied crypto addresses with the attacker's address. Always verify pasted addresses character-by-character before confirming. This is how people lose thousands.
4. 4
   Select the network — this is the most important step

   The network must match between sender and receiver. For USDT:

   • TRC-20 — Best choice for most transfers. ~1 USDT fee, ~1 minute
   • BEP-20 — Very cheap. Only use if destination supports it
   • ERC-20 — Required for DeFi/Ethereum ecosystem. Higher fees ($3–25+)
   • SOL — Fastest and cheapest. Only if both sides support Solana

   For coins with memos (XRP, XLM, EOS, TON): you'll see a separate Memo/Tag field. This is mandatory — leave it blank and funds are unrecoverable.

5. 5
   Enter the amount and review fees

   Enter the amount you want to send. The exchange shows the withdrawal fee and the amount your recipient will actually receive. Verify the "Amount Received" is correct before proceeding.

   Tip: MEXC offers free USDT TRC-20 withdrawals (0 fee). Bybit and Binance charge ~1 USDT. For large amounts, this difference is negligible. For frequent small withdrawals, use MEXC.
6. 6
   Send a test withdrawal first (recommended)

   For any new destination address — especially the first time you're sending to a hardware wallet, new exchange, or friend — send $5–10 first and wait for confirmation before sending the full amount. This costs slightly more in fees but is worth it for any amount over $100.

   What happens next: You'll receive an email confirmation request. Click "Confirm Withdrawal" in the email within a few minutes.

7. 7
   Complete 2FA verification

   Most exchanges require: email confirmation link + Google Authenticator (6-digit code) or SMS code. Complete both. The withdrawal is broadcast to the blockchain once confirmed.

   If you don't have 2FA set up: Many exchanges will refuse or heavily delay withdrawals without 2FA. Set up Google Authenticator before you need to withdraw — not during a time-sensitive situation.
8. 8
   Track on a block explorer

   Once submitted, copy the transaction hash (TxID) from the withdrawal history. Paste it into:

   • TRC-20: tronscan.org
   • ERC-20: etherscan.io
   • BEP-20: bscscan.com
   • Bitcoin: mempool.space

   The explorer shows current confirmations and estimated completion. TRC-20 typically shows 1 confirmation within 60 seconds.

Checklist Before Every Withdrawal

• ✓ Destination address copied fresh (not from memory or old screenshot)
• ✓ Network matches on both sides
• ✓ Memo/Tag included if required (XRP, XLM, etc.)
• ✓ Test withdrawal done for new addresses
• ✓ 2FA is active and accessible
• ✓ No active bonus lock that restricts withdrawal