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 Ethereum withdrawal.
Here are the steps on how to withdraw Ethereum 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 Ethereum from Kraken, click on “Withdraw” and select your Ethereum.
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 most trusted exchanges in the UK, Coinfloor offers its users two options in funding their accounts. Whether you choose to deposit through Fiat or Ethereum, both process is easy to initiate and complete.
If you wonder how to do this, you can quickly go through the steps below.
To start, you have to sign in to your account by entering your email address and password. Additionally, you can also tick the ‘I’m a trader’ box if you believe you are and wish to disable the additional 2FA. After this, click Sign In to continue.
Here, you will have to input your Authy code. This part is the 2FA setting that you’ve added when you first signed up for an account on Coinfloor. Submit this code to proceed.
Unlike other exchanges, the deposit tab or section will only appear on Coinfloor once everything gets verified. From the homepage, you can start verification by hitting ‘Choose’ under Initiate Verification. After this step, the ‘Deposit’ tab will show up on the top navigation bar of the site. Click on it and select Ethereum as your deposit.
Your unique deposit address will appear where you can transfer the funds using your preferred wallet. Coinfloor processes Ethereum deposits 24/7.
Note: For more info about Ethereum deposits you can check Coinfloor’s support page here.
Just like Ethereum deposits, funding with Fiat also requires passing verification. You can verify by clicking on the ‘Choose’ button from the homepage and afterward the ‘Deposit’ tab on the top navigation bar will become available.
When you access the deposit section, you will find Coinfloor Exchange UK’s client account details together with your unique reference code which is under BIC/SWIFT and in purple color. It is advisable to enter this code in the “message to beneficiary” field without additional words or numbers to avoid delays and errors.
The displayed bank account is where you need to transfer the funds and always make sure to specify the currency you are sending. Clearing may take up to five business days depending on what deposit method you choose.
Note: For more info regarding Fiat deposits (including fees), feel free to check this link.
To check your deposits, you can quickly go to the ‘Deposits and Withdrawals History’ section from your ‘My Account’ page.
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