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

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 You have withdrawn Algorand (ALGO) from your Kraken account.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 You have withdrawn Fiat money from your Kraken account.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 overview on how to deposit Algorand (ALGO) on Binance

Adding funds into your Binance account can be done by depositing crypto and fiat money . 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.

  1. Deposit Algorand (ALGO) on Binance
  2. Deposit Fiat money on Binance

Click this to access the platform.

Once the site is up, log-in with your registered account and enter the 2FA verification code.

1. Deposit Algorand (ALGO) on your Binance account

Click on “Wallet” at the top-right area of the website. Then go to “Fiat and Spot”.

 

Select your Algorand (ALGO). You can directly type it in the box so you don’t have to go through the entire list then click on Deposit. 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 “Deposit Withdraw History.”

Way to go! You have funded Algorand (ALGO) on your Binance account.

2. Deposit Fiat money on your Binance account

Click on “Wallet” at the top-right area of the website. Then go to “Fiat and Spot”.

Click on the Deposit button.

Select currency and payment method. Then click Continue. Follow the succeeding instructions to complete your deposit.

Good job! You have funded fiat on your Binance account.

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