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.
GDAX or Coinbase Pro offers straightforward steps in depositing Bitcoin or Fiat money. To gain access to all available features on GDAX, you need to completely verify your account.
We prepared this guide to help you with your first Bitcoin deposit on GDAX.
Access the GDAX website by clicking this link. The link is now showing as Coinbase Pro.
Once you’re logged in, type in your registered email address and password.
After logging in, proceed at the upper-left side corner of the page and select your currency, then click on “Deposit.”
To deposit Bitcoin on your GDAX account, select your Bitcoin from the drop-down menu under “Select currency.”
Once you’ve selected your Bitcoin, copy the deposit address or scan the QR code to generate a new one. Note that you can only send Bitcoin to this address.
Another option available is for you to deposit Bitcoin through Coinbase wallet. Click on “Coinbase Bitcoin Wallet” and fill out the form with the deposit address and amount. Make sure that you are supplying the correct address to avoid losing funds. Click on “Deposit Bitcoin” to continue.
Fiat money deposit is also available on GDAX. Select your currency from the drop-down menu under “Select currency.”
For Fiat money, you have three options to select from. You can deposit through Wire Transfer, Coinbase USD Wallet, or Bank Account. After selecting your method of depositing, fill out the form with the information required by the system. Make sure your information is accurate when filling out the form to avoid delays or losing funds. Click on “Deposit” to proceed.
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