Ultimate guide on how to transfer
Ethereum Classic (ETC) from OKCoin to Kraken

Step by step overview on how to withdraw Ethereum Classic (ETC) from OKCoin

Processing withdrawals from your funded OKCoin account are easy. You can withdraw Ethereum Classic (ETC) or Fiat money, depending on what you have deposited.

Let’s go through the step by step process to help you withdraw funds on your OKCoin account:

  1. Withdraw Ethereum Classic (ETC) on OKCoin
  2. Withdraw Fiat money on OKCoin

Click here to open the exchange site.

You have three options when logging in. As shown on the image below, you can log in using your linked phone number, registered email address, and sub-account.

In this example, we are logging in using the email address and password I’ve filed for OKCoin.

Once logged in, you will see the “My Wallet” page where you can see available tokens. To withdraw, click on “Token Withdraw” from your selected Ethereum Classic (ETC) or currency.

1. Withdraw Ethereum Classic (ETC) from your OKCoin account

For Ethereum Classic (ETC) withdrawal, select your Ethereum Classic (ETC) under “Token Deposit”. We are using Bitcoin in this example.

Paste the deposit address or select your wallet address by clicking on “OK address.” It is a must to copy the correct address before submitting the transaction. Otherwise, you may lose control of your Ethereum Classic (ETC) as it can no longer be reverted. Next, type in your Google Authentication code, SMS Verification code, and Fund password. Click on “Confirm withdrawal” to proceed.

You can check your balance by clicking on the “Balance” menu available on the right side of the page.

Nice! You have successfully withdrawn Ethereum Classic (ETC) from your OKCoin account.

 

2. Withdraw Fiat money from your OKCoin account

For Fiat money withdrawal, select your currency under “Token Withdraw”. We are using USD in this example.

Select the beneficiary account and type in the amount you opt to withdraw. After submitting the request, OKCoin will verify the details and process the transfer.

Epay service fee and wire transfer fee will be deducted automatically from your withdrawal amount. If your withdrawal is rejected by the beneficiary bank, OKCoin will return the withdrawal amount as well as the service fee. However, Epay service fee and wire transfer fee cannot be refunded. Therefore, it’s a must to enter the correct bank information before making a withdrawal.

Note: KYC level 2 is required for USD withdrawal as shown on the image below.

Perfect! You have successfully withdrawn Fiat money from your OKCoin account.

Step by step overview on how to deposit Ethereum Classic (ETC) on Kraken

With Kraken, you can deposit cryptocurrencies like Ethereum Classic (ETC) as well as Fiat money, but first, make sure you have completed the account “Verification” process and have activated 2FA.

Here are the steps on how to deposit Ethereum Classic (ETC) on your registered and confirmed Kraken account:

  1. Deposit Ethereum Classic (ETC) on Kraken
  2. Deposit Fiat money on 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” to start depositing.

1. Deposit Ethereum Classic (ETC) on your Kraken account

To deposit Ethereum Classic (ETC), click on “Deposit” and select your preferred Ethereum Classic (ETC).  Make sure that the Ethereum Classic (ETC) deposit you opted to make meets the minimum deposit requirements. Also, double-check that you are sending the correct Ethereum Classic (ETC) to the address as transactions sent to the wrong address may not be recoverable.

For an initial deposit, you will have to generate a new deposit address. Click the ‘Generate New Address’ button to do so.

After adding a deposit address, copy and paste the address and the generated ‘destination tag’ or ‘memo’ if required into the wallet from which the funds will be sent.

Awesome! You have deposited Ethereum Classic (ETC) on your Kraken account.

 

2. Deposit Fiat money on your Kraken account

To deposit Fiat money, select your currency under “Deposit” and select your deposit method from the drop-down menu.

Copy the deposit wire details and supply the needed information required by the system, depending on what method you have selected. Double check your information, then confirm the deposit transaction.

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

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