Ultimate guide on how to transfer
Bitcoin from Kraken to Private: Simex

Step by step overview on how to withdraw Bitcoin from Kraken

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:

  1. Withdraw Bitcoin from Kraken
  2. Withdraw Fiat money from 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.”

1. Withdraw Bitcoin from your Kraken account

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.”

Good job! You have withdrawn Bitcoin from your Kraken account.

 

2. Withdraw Fiat money from your Kraken account

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.

Perfect! You have withdrawn Fiat money from your Kraken account. 

Step by step guide on how to deposit Bitcoin on your account on Simex

Simex allows crypto-to-crypto and Fiat currency transactions.

Below are the steps on how to deposit Bitcoin to your account:

  1. Depositing Fiat money to your Simex account
  2. Depositing Bitcoin to your Simex account

Go to https://simex.global/en and log into your account.

Once you’re in, select “Deposit” from the Finance tab.

1. How to deposit Fiat money to your account on Simex

In depositing RUB, you can do it through Visa and MasterCard debit cards issued by Russian banks, YandexMoney, Payment orders, Tinkoff, Sberbank-Online, Russian Standard, Alfa-Click, Unistream Global Money Transfers, Wallet One, Svyaznoy terminals, Euronet terminals, payment terminals.

For USD, Wire Transfer and Epay are the options available.

Next, choose the financial account you wish to deposit funds to and select the method of payment. Enter the amount you wish to deposit and click on the “Next” button. After this, you will be redirected to the payment service page where you need to complete the transaction.

There you have it! You have just deposited Fiat money to your Simex account.

 

2. How to deposit Bitcoin to your account on Simex

On the same “Deposit” page, choose the account you want to deposit funds to and select which cryptocurrency you prefer, like Bitcoin.

Next, copy the address and paste it into your third-party wallet. Make sure that you copy the correct address because once the transaction is done, it cannot be reversed.

You can check the link making sure the first and last two digits are correct.

If you want to check the transactions you made, go to the bottom of the same page.

Awesome! You have just deposited Bitcoin to your Simex account.

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