The withdrawal process on Kraken is simple and the steps are easy to follow. You are required to comply with the Account Verification process and Two-factor Authentication prior to doing any transaction, like Bitcoin withdrawal.
Here are the steps on how to withdraw Bitcoin from your registered and confirmed Kraken account:
- Withdraw Bitcoin from Kraken
- Withdraw Fiat money from Kraken
Click here to open the exchange site and click on “Log in.”
Click on “Log in” and enter your registered email address and password. You also need to verify Two-factor Authentication, then click on “Log in.”
Once you’re logged in, click on “Funding.”
1. Withdraw Bitcoin from your Kraken account
To withdraw Bitcoin from Kraken, click on “Withdraw” and select your Bitcoin.
Paste your wallet address or add a new one by clicking on “Add address.” Click on “Review Withdrawal” and double check the information you supplied to avoid errors.
Whenever you’re ready, click on “Confirm withdrawal.”
Good job! You have withdrawn Bitcoin from your Kraken account.
2. Withdraw Fiat money from your Kraken account
To withdraw Fiat money from Kraken,click on “Withdraw” and select your currency. Next, select your withdrawal method from the drop-down arrow and supply the information required by the system, depending on the method you’ve selected. Double check your information before confirming your withdrawal to avoid losing funds.
Perfect! You have withdrawn Fiat money from your Kraken account.
With Coinbase, you can deposit cryptocurrencies like Bitcoin as well as Fiat money.
Here are the steps on how to deposit Bitcoin on your registered and confirmed Coinbase account:
- Deposit Bitcoin on Coinbase
- Deposit Fiat money on Coinbase
Click here to open the exchange site and click on “Log in.”
Select on “Sign In” then enter your registered username and password. Click on the “Sign In” button to continue logging in.
To deposit funds on your Coinbase account, select on “Accounts” once you’re completely logged in.
1. Deposit Bitcoin on your Coinbase account
To deposit Bitcoin on Coinbase, locate your Bitcoin and click on the “Deposit” button. You will then asked to enter your wallet address or scan the QR code to generate a new one. Make sure you are using the right address in making deposit transaction to avoid losing funds. Type in your amount and confirm your deposit.
Excellent! You have deposited Bitcoin on your Coinbase account.
2. Deposit Fiat money on your Coinbase account
To deposit Fiat money on your Coinbase account, locate your currency and click on “Deposit.” Select your funding source and the amount that you wish to deposit. Click on “Continue” and fill out the needed information required by the system, depending on the method you’ve selected. Make sure you supply accurate information to avoid losing funds. Then, confirm your deposit.
