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.
As one of the largest exchanges in South Korea, the platform offers a very friendly user interface for those who intend to fund their account may it be in the form of digital currencies or Fiat money.
In this guide, you’re about to receive instructions on how to place your funds on the Upbit exchange.
To get to the deposit page, you must first log in to your account. The sign-in link is here.
Click the ‘Login to cacao account’ button.
Log-in to the Kakao account that you’ve created which was a prerequisite in the Upbit registration. After entering your email address and password, hit on the Log In button.
Depositing in Upbit is free of charge. However, one has to pass their authentication process first before doing this step.
After getting a verified account, go to the ‘Disbursement’ tab which you find on the top navigation bar.
Click ‘Deposit and withdrawal’ beside the currency of your choice. The incoming address is where you can deposit your funds. Make sure to send the assets to the correct information to get rid of loss and delays. It usually takes 10-30 minutes for the processing depending on the cryptocurrency you choose.
For Fiat deposit transactions, access the ‘Disbursement’ page just like what you do when you process a Bitcoin deposit. There are no fees as well in making this type of funding.
Select the asset that you’d like to fund and go to KRW charge. You should be able to view additional instructions on how to proceed once your account gets authenticated. Always see to it that all information you input is accurate to achieve a smooth and issue-free transaction.
If you wish to check your deposit, you can easily access the ‘Investment History’ page and going to the ‘Deposit/withdrawal waiting’ section.
You can also check it via ‘Deposit history’ of the ‘Disbursement’ page.
Trading and investing in digital assets is highly speculative and comes with many risks. The analysis/stats on CoinCheckup.com and it’s subsites are for informational purposes and should not be considered investment advice and or the truth. Statements and financial information on CoinCheckup.com and it’s subsites should not be construed as an endorsement or recommendation to buy, sell or hold.
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.