Ultimate guide on how to transfer
Bitcoin from Coinbase to Kraken

Step by step overview on how to withdraw Bitcoin from Coinbase

Making withdrawals from your funded Coinbase account is simple. Before you can withdraw, you need to first sell your Bitcoin.

Let’s check these steps to help you withdraw funds from your Coinbase account:

Click here to open the exchange site and click on “Log in.”

Select on “Sign In” then enter your registered username and password. Click on the “Sign In” button to continue logging in.

To withdraw funds from your Coinbase account, select on “Accounts” once you’re completely logged in. Once you have enough funds on your wallet, the “Withdraw” button becomes clickable. Locate your wallet at the left side of the screen.

After clicking on “Withdraw,”  a new box pops up where you need to select your funding source and type in the amount of your choice. Click on “Withdraw” to continue.

You did it! You have withdrawn Bitcoin from your Coinbase account.

Step by step overview on how to deposit Bitcoin on Kraken

With Kraken, you can deposit cryptocurrencies like Bitcoin 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 Bitcoin on your registered and confirmed Kraken account:

  1. Deposit Bitcoin 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 Bitcoin on your Kraken account

To deposit Bitcoin, click on “Deposit” and select your preferred Bitcoin.  Make sure that the Bitcoin deposit you opted to make meets the minimum deposit requirements. Also, double-check that you are sending the correct Bitcoin 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 Bitcoin 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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