Ultimate guide on how to transfer
Bitcoin from Coinone to Kraken

Step by step guide on how to withdraw Bitcoin from your account on Coinone

Coinone is an exchange platform based in Korea that allows fiat money and crypto-to-crypto transactions.

Below is a guide to help you in withdrawing Fiat money and Bitcoin from your Coinone account:

  1. Withdrawing Fiat money from your Coinone account
  2. Withdrawing Bitcoin from your Coinone account

Go to Visit https://coinone.co.kr and click “Log in.”

Navigate your way to the Withdrawal section by clicking on the “D/W” button located at the top bar of the homepage.

1. Withdrawing Fiat money from your account on Coinone

From the withdrawal page, look for the Korean Won currency or simply go to “Quick menu.”

Select “KRW” and click on the “D/W” button beside it. In the Wallets section, select “Withdrawal” and enter the amount you want to withdraw on the on the withdrawal form, and proceed with the transaction.

Nice job! You have successfully withdrawn Fiat money from your Coinone account.

 

2. Withdrawing Bitcoin from your account on Coinone

From the withdrawal page, look for the cryptocurrency you want to withdraw funds from, or simply go to “Quick menu.”

In this example, we are going to use Bitcoin. Locate the BTC button and click on “D/W” beside it.

Next, enter the amount you wish to withdraw and proceed with the whole process.

Congratulations! You have just withdrawn Bitcoin from your account on Coinone.

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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