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

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 You have withdrawn Algorand (ALGO) from your Kraken account.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 You have withdrawn Fiat money from your Kraken account.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

BitForex is one of the world’s leading exchange platforms that offers crypto-to-crypto transactions.

Below are the steps to guide you in depositing funds to your account:

Go to https://www.bitforex.com/ and log into your account.

Go to “My Assets” and click “Deposit.”

Select the currency you want to transfer funds to from the “Please choose a Token” drop-down box.

Next, copy the deposit address and paste it into your wallet. Always make sure to copy the correct address for completed transactions cannot be undone.

Check your deposit history at the bottom of the page.

Good job! You have just funded Algorand (ALGO) on your BitForex account. 

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