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.
Bithumb only accepts Fiat currency (KRW) deposits from Korean residents. Other users have the option to deposit cryptocurrency like Bitcoin.
Here’s a practical guide on how to deposit Bitcoin on your Bithumb account:
Head to https://www.bithumb.com and log in to your account using the email and password you used upon registering, and then click on “Sign In.”
Enter the security password you used when you signed up then click “Confirm.”
From the homepage, select the “Wallet” tab at the top and choose “Deposit.”
Or click on “Deposit/Charge” at the upper right side of the page. Always double check the address that you’re using in processing deposits as processed transactions can no longer be reverted and could cause you to lose funds.
You can check your transaction history at the bottom of the page at the “History” Section or by clicking on the “Pending Order” and “Completed Orders” buttons at the bottom of the vertical tab on the right side.
Congratulations! You have funded Bitcoin on your Bithumb account and you are now ready to trade.
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Please do your own research on all of your investments carefully. Scores are based on averages of third party websites. Past performance is no indicative of future results. Read the full disclaimer here.
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