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Is it possible to transfer bitcoin directly from GDAX to Kucoin without using an intermediary wallet?

avatarimbecile23Jan 01, 2022 · 3 years ago3 answers

I'm wondering if it's feasible to transfer bitcoin directly from GDAX to Kucoin without the need for an intermediary wallet. Can I simply send my bitcoin from GDAX to Kucoin directly? Or do I have to use a separate wallet in between?

Is it possible to transfer bitcoin directly from GDAX to Kucoin without using an intermediary wallet?

3 answers

  • avatarJan 01, 2022 · 3 years ago
    Yes, it is possible to transfer bitcoin directly from GDAX to Kucoin without using an intermediary wallet. You can initiate a withdrawal from GDAX and provide your Kucoin bitcoin address as the destination. However, it's important to note that you should double-check the withdrawal fees and processing times on both platforms to ensure a smooth transfer.
  • avatarJan 01, 2022 · 3 years ago
    Absolutely! You can transfer bitcoin from GDAX to Kucoin without any intermediary wallet. Just make sure you have your Kucoin bitcoin address ready and initiate a withdrawal from GDAX to that address. It's a straightforward process and eliminates the need for an extra step of transferring to a separate wallet.
  • avatarJan 01, 2022 · 3 years ago
    While it is technically possible to transfer bitcoin directly from GDAX to Kucoin without using an intermediary wallet, it's worth considering the potential risks involved. By using an intermediary wallet, you have more control over your funds and an added layer of security. However, if you trust both GDAX and Kucoin's security measures, you can opt for a direct transfer. Just be cautious and double-check all the details before proceeding.