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

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

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 Algorand (ALGO) withdrawal.

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

  1. Withdraw Algorand (ALGO) from Kraken
  2. 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 Algorand (ALGO) from your Kraken account

To withdraw Algorand (ALGO) from Kraken, click on “Withdraw” and select your Algorand (ALGO).

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 You have withdrawn Algorand (ALGO) from your Kraken account.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 You have withdrawn Fiat money from your Kraken account. 

Step by step guide on how to deposit Algorand (ALGO) on your Bibox account

Bibox only accepts cryptocurrency deposits and can only process crypto-to-crypto tradings.

Below are the practical steps on how to deposit Algorand (ALGO) on Bibox.

Visit Bibox official website: https://www.bibox.com

Log in using the email and password you registered.

 

Once you’re in, go to “Assets” and then to the Deposit tab. Select the token/coin that you want to deposit from the dropdown. You can use either your wallet or other platforms to transfer/deposit by copying the address provided. Please make sure you are depositing the correct Algorand (ALGO) and copying the right address, a wrong deposit cannot be refunded.

 

After that, you can check the deposit status at the “Deposit History” page.

 

Fantastic! You have just deposited Algorand (ALGO) on your Bibox account and are now ready to trade. 

 

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