Which payment methods are available for KCM Trade?

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Which payment methods are available for KCM Trade?

Sep 21, 2023

KCM Trade provides the payment operations available at the CRM Area. At KCM Trade, we offer a wide range of payment methods inorder to reduce the waiting times and eliminate hassles for our clients. To ensure this, we have implemented a set ofgeneral rules which you can learn more about here.

Making Deposits:

Deposits can be initiated from the CRM Area. Click Deposit Funds tab to continue. 

•Open Funds tab.

•Click Deposit Funds tab.

•To find a different trading account, click on the dropdown next to the trading account currently displayed and choose from the list.

•Select a payment method of your choice.

•Next,enter the amount. The minimum and maximum deposit limits for the chosen payment method are displayed on the screen for your convenience. Fill in the amount you wish to deposit and click Continue.

•Check details and Continue.

•You will be redirected to the payment method’s site to complete the payment.

Available payment methods

KCM Trade offers a variety of payment methods,depending on the country you registered from, including:

1.Electronic Payment Systems (EPS)

Processing time for EPS deposits and withdrawals are instant, such as Unionpay,meaning the transaction will be carried out within a few seconds without manual processing by our financial department specialists. However, this does not guarantee that a transaction will complete instantaneously, only that the process is begun instantly.

2.Bank cards

In certain countries, you can use 3D secure bankcards (Visa, Mastercard, and JCB)to top up your trading accounts with KCM Trade.

You will need the following information when using bank cards:

•Card number

•Expiry date

•CVV

•Cardholder's name

Processing times for deposits and withdrawals via bank cards are instant, meaning thetransaction will be carried out within a few seconds. However, it may take up to 24 hours.

3.USDT

To make a deposit using USDT on the CRM Area:

•Go to the Funds tab and click the Deposit Funds tab.

•Select the trading account and find USDT payment options.

•A QR code will appear. Scan the QR code or copy the wallet address to transfer funds from your existing third-party wallet to your KCM Trade trading account.

4.Mobile banking methods

Deposits made through mobile banking apps are supported in certain countries. QR codes are displayed when the basic details for the deposit have been entered, if supported, and can be saved to use later to complete the deposit.

Processing times for deposits and withdrawals via mobile banking will vary depending on which region you are in.

5.Payments using bank cashier

If you choose to use a bank that accepts paper payment slips when making a deposit, you will see a screen with the generated PDF file after the amount and method confirmation screen. This document can then be printed and used at the appropriate bank to complete the transaction.

Making withdrawals:

To make a withdrawal:

•Click Withdraw Fundson the trading account displayed on the Funds tab.To find a different trading account, choose the dropdown next to the trading account currently displayed and choose from the list.

•Select a payment method of your choice.

•Enter details like the amount you wish to withdraw and the account details of the payment method chosen. The minimum and maximum transaction limits for the chosen payment method are displayed on the screenfor your convenience.

•Click Continue to view the summary and Confirm to proceed.

Making internal transfers:

Transfer between accounts in the CRM Area

To make the transfer:

•From the Funds tab, click on the Transfer Funds tab.

•Choose Between your accounts.

•Select the trading account you wish to transfer from and the trading account you wishto transfer to, and enter the amount. Click Continue.

•Check the details displayed and click Confirm.

Points to note when making internal transfers:

1.Funds deposited cannot be transferred to accounts in other Person Accounts.

2.Transferred funds should be withdrawn using the same payment method that was used for deposit initially.

3.Monthly internal transfer has no limits.