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 Bitcoin withdrawal.
Here are the steps on how to withdraw Bitcoin from 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 withdraw Bitcoin from Kraken, click on “Withdraw” and select your Bitcoin.
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.”
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.
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.
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