With OKEx, you can withdraw cryptocurrencies like Algorand (ALGO). Fiat money withdrawal is not yet an option at the moment, however, it is available through OKCoin.
Here are the steps on how to withdraw funds from your registered and confirmed OKEx account.
Click here to open the exchange site.
Log in using the email address and password you’ve filed for OKEx.
Select your Algorand (ALGO) under “Token Withdrawal”. We are using Bitcoin in this example.
Click on the “Add Address” button or “OK Address” to select the Algorand (ALGO) address. Make sure to select the correct one as completed withdrawal transactions can no longer be reversed, therefore, you could lose your money permanently if the wrong recipient is chosen. You need to enter the SMS Verification code, Email code, and Fund password before submitting the transaction by clicking on “Confirm withdrawal.”
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:
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.
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.
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.
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