Introduction

This article explains how to withdraw cryptocurrency from your Coinlocally account safely and correctly. Following these steps ensures your funds are sent to the right address and helps you avoid common withdrawal mistakes such as selecting the wrong network or missing required tags.

Steps to make a withdrawal

1. Log in to your Coinlocally account

Visit the official Coinlocally website and log in using your registered credentials.

2. Open the Withdrawal page

Move your cursor to the Wallet icon and click Withdraw.

3. Select the asset you want to withdraw

Choose the cryptocurrency (e.g., BTC, USDT, ETH) you want to withdraw.

4. Select the correct withdrawal network

Choose the blockchain network that matches the network of the platform or wallet you are sending funds to.

For example:

• ERC20 → ERC20
• TRC20 → TRC20
• BSC → BSC

Selecting the wrong network may result in permanent loss of funds.

5. Enter the withdrawal address

Paste the recipient’s deposit address into the Address field.

Make sure:

• The address format is supported
• The network matches the address type
• The address belongs to the correct coin

6. Enter the withdrawal amount

Type the amount you want to withdraw.

You will see:

• The network fee
• The final amount you will receive

Click Withdraw to proceed.

7. Complete security verification

You will be asked to enter:

• Your Email Verification Code or SMS Verification Code
• Your 6‑digit Google Authenticator code

Click Confirm to finalize the withdrawal.

8. Wait for processing

After confirming the request, you will see your withdrawal details.

Please wait while the blockchain processes the transaction.

Once completed, your withdrawal will be successfully confirmed.

Additional notes

• Selecting the wrong network will result in loss of funds.
• Some coins require a Memo/Tag/Payment ID (e.g., XRP, XLM, EOS). If required, you must enter it correctly.
• Missing or incorrect tags may delay or prevent fund recovery.
• Depositing to an incompatible address may not be recoverable.
• Coins like USDT support multiple networks. Always ensure the network matches on both platforms.
• Blockchain confirmation time varies depending on network traffic.

Common issues

• Using the wrong network (ERC20 vs TRC20 vs BSC)
• Forgetting to include Memo/Tag for certain tokens
• Entering an unsupported or incorrect address
• Expecting instant withdrawal during network congestion

Feeling lost?

If you're unsure which network to choose or your withdrawal hasn’t arrived, our support team is available 24/7 to help you track and resolve the issue.

Updated on: 01/18/2026