Ultimate guide on how to transfer
Ethereum from Bitstamp to Kraken

Step by step overview on how to withdraw Ethereum from Bitstamp

To withdraw funds from Bitstamp, one must verify his/her account first. After such, you will be able to transact via Ethereum or Fiat money. The transaction time at Bitstamp does not take too long, and the process is also user-friendly.

Here, you will find steps that will guide you on how to make a withdrawal on Bitstamp.

  1. Withdraw Ethereum from Bitstamp
  2. Withdraw Fiat money from Bitstamp

Access the log-in page of Bitstamp first. Provide your registered information (User ID & Password), then hit Login.

how to login on bitstamp

For two-factor authentication, a token or 6-digit code is necessary to complete your log-in. Retrieve this from your authenticator app and click Continue.

how to login on bitstamp

Go to the ‘Withdrawal’ page as directed by the arrow on the image below.

how to withdraw funds from bitstamp

1. Withdraw Ethereum from your Bitstamp account

From the selection on the left panel, select the cryptocurrency that you’d like to withdraw. On the next screen, provide the withdrawal or receiving address as well as the amount. Click the ‘Withdraw’ button to proceed. Ethereum withdrawals are free of charge but at the same time irreversible, so be sure to provide the correct information.

how to withdraw Ethereum from bitstampAwesome! You have successfully withdrawn Ethereum from Bitstamp.

 

2. Withdraw Fiat money from your Bitstamp account

For Fiat money withdrawal, we will explain the steps through the EU Bank (SEPA) method as an example. To start, select this option from the left panel.

how to withdraw fiat from bitstamp

The SEPA form pops up which is an instrument for transferring funds to any bank account within the EU which supports the SEPA standard. Accurately provide all required information and hit Withdraw.

how to withdraw fiat from bitstamp

Go back to the Withdraw section to check the status of your withdrawal. Here, you will see that it says ‘Email’ confirmation needed.

how to withdraw fiat from bitstamp

Access your email inbox and click on the link that is in the email that you receive from Bitstamp.how to withdraw fiat from bitstamp

The status will now change to ‘Waiting’ to be processed.

how to withdraw fiat from bitstamp

Another email will arrive in your inbox confirming your withdrawal.

how to withdraw fiat from bitstamp

As a result, the status will now show as ‘Finished’ on the Withdraw page. It usually takes 1-3 business days before you receive the money.

how to withdraw fiat from bitstamp

If you wish to check the withdrawal that you’ve just made, you can always go to your Account> Transactions> Withdrawal as the type.

how to view withdrawal on bitstampCongratulations! You have effortlessly withdrawn Fiat money from your Bitstamp account.

Step by step overview on how to deposit Ethereum on Kraken

With Kraken, you can deposit cryptocurrencies like Ethereum 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 on your registered and confirmed Kraken account:

  1. Deposit Ethereum 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 on your Kraken account

To deposit Ethereum, click on “Deposit” and select your preferred Ethereum.  Make sure that the Ethereum deposit you opted to make meets the minimum deposit requirements. Also, double-check that you are sending the correct Ethereum 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 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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