Ultimate guide on how to transfer
Ethereum from YoBit to Kraken

Step by step overview on how to withdraw Ethereum from YoBit

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

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

  1. Withdraw Ethereum from YoBit
  2. Withdraw Fiat money from 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 Ethereums. To withdraw, select your currency from the list and click on the minus sign under “Withdraw.”

1. Withdraw Ethereum on your YoBit account

For Ethereum withdrawal, 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 Ethereum and click on the minus sign.

Enter the withdrawal address. Make sure to enter the correct one as completed Ethereum withdrawal transactions can no longer be reversed, therefore, you could lose your money permanently if the wrong recipient is chosen. Click on “Withdrawal request” to continue.

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

Good work! You have successfully processed Ethereum withdrawal from YoBit!

 

2. Withdraw Fiat money on your Gatecoin account

For Fiat money withdrawal, 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 minus sign.

The “Withdrawal” window pops up with the payment methods. Make your selection, and enter the withdrawal address. It is very important to paste the correct address as completed transactions can no longer be reverted, hence, you could lose your money if an incorrect recipient is added. Click on the “Withdrawal request” box to continue.

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

Excellent! You have successfully processed Fiat money withdrawal from your YoBit 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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