How to withdraw cash from Ouyi web version

Ouyi web version withdrawal process: Log in to the account, enter the asset page, and select the withdrawal currency and method (on-chain or fiat currency). On-chain withdrawals must be filled in the correct withdrawal address and matching network, and fiat currency withdrawals must be bound to a bank account. Submit the application after completing the security verification and wait for the review to arrive. Be sure to check the address, network and other information, and pay attention to the handling fee and the minimum withdrawal amount.

To withdraw digital assets from Ouyi Exchange to your personal account or address, you need to withdraw cash through Ouyi web version. This guide will provide detailed information on how to complete the withdrawal process safely and quickly on the Ouyi web version.

1. Preparation:

1. Log in to Ouyi account: First, you need to log in to your Ouyi account. Make sure your account has completed real-name authentication (KYC).
2. Prepare the withdrawal address/account information: Confirm the target address/account you want to withdraw. This could be another exchange account or bank account (if it is a fiat currency withdrawal).

   • Digital currency withdrawal: Prepare the collection address of the target exchange/address.
   • Franchise withdrawal: Prepare your bank account information, including bank name, account number, account opening name, etc.
3. Confirm withdrawable assets: Confirm that there are enough withdrawable assets in your account and understand Ouyi’s withdrawal rules and handling fees.

2. Operation steps:

1. Go to the "Assets" page:

   • After logging into the Ouyi web version, you will usually find "Assets" or similar options at the top or sidebar of the page, click to enter.
     
     
2. Select "Cash Withdrawal":

   • On the Assets page, find the currency you want to withdraw, such as BTC, ETH, or USDT.
   • In the line of this currency, find "Cash Withdrawal" or similar button and click to enter the withdrawal page.
3. Choose the withdrawal method:

   • Ouyi usually provides two ways to withdraw cash:

     • On-chain withdrawal: Applicable to withdrawing digital assets to other digital asset addresses.
     • Fiat currency withdrawal: It is suitable for converting digital assets into fiat currency and withdrawing them to a bank account (the digital assets need to be converted into currencies that support fiat currency withdrawal).
   • Choose the right withdrawal method according to your needs.
4. Fill in the withdrawal information (withdrawal on the chain):

   • • Withdrawal address: Paste the collection address of the target exchange/address you prepared. Be sure to check the address carefully to make sure it is completely correct!
   • • Network: Select the network type that matches the withdrawal address. For example, if your withdrawal address is an ERC20 address, then choose the ERC20 network. A network selection error will lead to asset loss!
   • • Withdrawal quantity: Enter the amount you want to withdraw.
   • • Processing fee: Ouyi will display the estimated processing fee.
5. Fill in the withdrawal information (Filipino currency withdrawal):

   • • Select a collection account: If you have already bound a bank account, you can select the bound account. Otherwise, you need to add your bank account information first.
   • • Cash withdrawal quantity: Enter the amount of fiat currency you want to withdraw.
   • • Transaction password/Fund Password: Enter your trading password or fund password (if set).
6. Security Verification:

   • Ouyi will ask you to perform security verification, usually including:

     • • Mobile verification code: Enter the verification code sent to your mobile phone.
     • • Google Verification Code: Enter the verification code on the Google Verification APP (if Google Verification is enabled).
     • • Email Verification Code: Enter the verification code sent to your email address.
   • Complete all security verification steps according to Ouyi's prompts.
7. Confirm withdrawal:

   • Carefully check all withdrawal information to ensure that the address, network, quantity and other information are correct.
   • Click "Confirm Withdrawal" or similar button to submit your withdrawal application.
8. Waiting for review and receipt:

   • After the withdrawal application is submitted, Ouyi will review the withdrawal.
   • After the review is approved, your withdrawal application will be processed and digital assets or fiat currency will be sent to your target address/account.
   • The arrival time depends on the network congestion and bank processing speed. You can check the withdrawal status in Ouyi's "Cash Withdrawal Record".

3. Things to note:

• Address check: This is the most important point! The withdrawal address must be exactly the same as your destination address. It is recommended to use copy and paste to avoid manual typing errors.
• Network Selection: It is crucial to choose the right network type! Different network types cannot be mixed, otherwise the assets will be lost.
• Withdrawal fee: Understand Ouyi's withdrawal fee and ensure that the account balance is sufficient to cover the handling fee and withdrawal amount.
• Minimum cash withdrawal amount: Ouyi has a minimum cash withdrawal amount limit for different currencies and withdrawal methods.
• Security Verification: Be sure to enable the security verification function of Ouyi account, such as mobile phone verification, Google verification, etc., to improve account security.
• Prevent fraud: Don’t trust anyone who claims to help you withdraw cash, beware of fraud.
• Account binding: If it is a fiat currency withdrawal, make sure that your bank account information is correctly bound to the Ouyi account.

4. Summary:

Withdrawal in the Ouyi web version is not complicated, but you need to read carefully and follow the steps. Pay special attention to the selection of address and network, as well as the security verification process. I wish you a smooth withdrawal!

Disclaimer: This article is for reference only and does not constitute any investment advice. There are risks in digital currency investment, please invest with caution. Before performing any operation, be sure to read and understand Ouyi's relevant regulations carefully.

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