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.
In this article, we are going to teach you how to deposit both Fiat money and Bitcoin deposits on xBTCe.
Here are the practical steps in processing these transactions:
Go to https://my.xbtce.com/
Log into your account using the email and password you registered.
Next, select “Add Funds.”
On the “Add Funds” section, select your preferred platform in adding funds. You can choose between Bank cards, Bank systems, Electronic payments, and Prepaid cards.
In this example, we are using Wire Transfer from the Bank Systems option. Fill in the deposit form and choose the account into which the funds will be credited, the currency wallet and the bank country. Next, enter the amount you want to deposit and the currency. Available currencies are EUR, AUD, CAD, CHF, GBP, USD, and JPY. Once done, click “Next.”
A generated invoice will be provided, which contains your name, your account number, Beneficiary’s name, Beneficiary’s address, Beneficiary’s account, Beneficiary’s bank, the bank address and its SWIFT code.
You can download and print the invoice, which can be found in the Generated wire transfer invoices form. If you have requested an invoice but are not going to pay it, please delete it from the list. Use the invoice details to make a payment at a bank branch or via the Internet banking service.
You can check the status of the transactions you just made on the “History of Accounts” that is found in your account number located at the left of My xBTCe. For rejected transactions, click “Details” to find out the reason for the rejection, or contact xBTCe customer service (email@example.com) for more information. You can also cancel the pending transactions by clicking “Cancel” in the History tab of the Account Operations page.
On the “Add Funds” section, select “Crypto Payments.” Cryptocurrencies available are Bitcoin, Litecoin, Namecoin, Dash, Emercoin, Peercoin, Ethereum, Tether and Bitcoin Cash.
In this example, we are going to use Bitcoin. Select the currency wallet where the deposit will be transferred, and then click “Next.”
Log into your Bitcoin wallet and enter the BTC address generated in My xBTCe. The funds will be transferred to your xBTCe account as soon as your transaction received a sufficient number of confirmations (at least 3) on the Bitcoin network.
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