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 You have withdrawn Bitcoin from your Kraken account.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 You have withdrawn Fiat money from your Kraken account.
Adding funds into your Binance account can be done by depositing cryptocurrencies like Bitcoin. After making sure that your Binance account is safe to use and is fully verified, you can proceed with performing deposit transactions.
Here, you will find steps that you can follow in funding your Binance account.
Click this to access the platform.
Once the site is up, log-in with your registered account.
Keep in mind that Binance does not support any fiat currency (USD, JPY, etc.) transactions.
Click on “Funds” at the top-right area of the website.
Select your Bitcoin. You can directly type it in the box so you don’t have to go through the entire list. We are using BTC in this example.
You will be given the wallet address which you can copy to continue depositing. Make sure you are copying the correct one as transactions can no longer be reverted. If your funds are transferred to the incorrect address, you could lose your money.
To check pending and all transactions, go to “History.”