Ultimate guide on how to transfer
Algorand (ALGO) from EXMO to Kraken

Step by step overview on how to withdraw funds from EXMO.

Now that you familiar with EXMO’s different transactions, let’s proceed to processing Algorand (ALGO) withdrawal.

To help you manage your first Algorand (ALGO) withdrawal, we have prepared this guide for you to follow.

  1. Withdraw Algorand (ALGO) from EXMO
  2. Withdraw Fiat money from EXMO

Click this link to access the exchange site and click “Sign in” to log in to your registered and verified EXMO account.

After logging in, click on “Finance” where you’d get to see all available currencies. Beside each currency is a “Withdraw” button which you need to click to start processing Algorand (ALGO) withdrawal on your EXMO account.

1. Withdraw Algorand (ALGO) from your EXMO account

To withdraw Algorand (ALGO) from your EXMO account, select your Algorand (ALGO) under the “Finance” page and click on the “Withdraw” box inline with your Algorand (ALGO).

The next step is to supply your withdrawal amount as well as the wallet address. Whenever you’re ready, proceed by clicking on the “Withdraw” button.

To view your recent and previous withdrawals, you can go to “Transaction history” right below the same page.

Fantastic! You have withdrawn Algorand (ALGO) from your EXMO account. 

 

2. Withdraw Fiat money from your EXMO account

If you wish to process Fiat money withdrawal,  just like Algorand (ALGO) withdrawal, select your currency under “Finance” page and click on the “Withdraw” box inline with your selection.

You will then select your method of Fiat withdrawal transaction and fill out the form required depending on what method you’ve selected.

To view your recent and previous withdrawals, you can go to “Transaction history” right below the same page.

You did it! You have withdrawn Fiat money from your EXMO account. 

Step by step overview on how to deposit Algorand (ALGO) on Kraken

With Kraken, you can deposit cryptocurrencies like Algorand (ALGO) as well as Fiat money, but first, make sure you have completed the account “Verification” process and have activated 2FA.

Here are the steps on how to deposit Algorand (ALGO) on your registered and confirmed Kraken account:

  1. Deposit Algorand (ALGO) on Kraken
  2. Deposit Fiat money on 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” to start depositing.

1. Deposit Algorand (ALGO) on your Kraken account

To deposit Algorand (ALGO), click on “Deposit” and select your preferred Algorand (ALGO).  Make sure that the Algorand (ALGO) deposit you opted to make meets the minimum deposit requirements. Also, double-check that you are sending the correct Algorand (ALGO) to the address as transactions sent to the wrong address may not be recoverable.

For an initial deposit, you will have to generate a new deposit address. Click the ‘Generate New Address’ button to do so.

After adding a deposit address, copy and paste the address and the generated ‘destination tag’ or ‘memo’ if required into the wallet from which the funds will be sent.

Awesome! You have deposited Algorand (ALGO) on your Kraken account.

 

2. Deposit Fiat money on your Kraken account

To deposit Fiat money, select your currency under “Deposit” and select your deposit method from the drop-down menu.

Copy the deposit wire details and supply the needed information required by the system, depending on what method you have selected. Double check your information, then confirm the deposit transaction.

Fantastic! You have deposited Fiat money on your Kraken account. 

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