Ultimate guide on how to transfer
Bitcoin from Kraken to YoBit

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 You have withdrawn Bitcoin from your Kraken account.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 You have withdrawn Fiat money from your Kraken account.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 overview on how to deposit Bitcoin on YoBit

With YoBit, you can deposit funds using a variety of cryptocurrencies as well as Fiat money.

Let’s follow these steps to help you deposit funds on your registered and verified YoBit account:

  1. Deposit Bitcoin on YoBit
  2. Deposit Fiat money on YoBit

Click here to open the exchange site.

Start by logging in using the email address and password you’ve registered for YoBit.

Click on “Wallets” to view your funds as well as the available Bitcoins. To deposit, select your currency from the list and click on the plus sign under “Deposit.”

1. Deposit Bitcoin on your YoBit account

For Bitcoin deposit, refer to the list under “Wallet.” In this example, we are using Bitcoin.

You can highlight it to make sure that you are working on your Bitcoin and click on the plus sign.

The “Deposit” window pops up with the wallet address. Copy the address, scan the code, or generate a new one. Send the transaction to continue. It is a must to copy the correct address before submitting the transaction. Otherwise, you may lose control of your Bitcoin as it can no longer be reverted.

To view your deposit transaction, click on “History”.

Excellent! You have deposited Bitcoin on your YoBit account.

 

2. Deposit Fiat money on your YoBit account

For Fiat money deposit, refer to the list under “Wallet.” In this example, we are using USD.

You can highlight it to make sure that you are working on your preferred currency and click on the plus sign.

The “Deposit” window pops up with the payment methods. Make your selection, enter the amount, and click on “Deposit.”

Follow the instructions and fill out the information correctly as it is shown on the account statement. If you fail to provide accurate information, you could lose your money as processed deposits can no longer be reverted.

To view your deposit transaction, click on the “History”.

Fantastic! You have deposited Fiat money on your YoBit account.

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