Ultimate guide on how to transfer
Lisk (LSK) from KuCoin to Kraken

Step by step overview on how to withdraw Lisk (LSK) from KuCoin

Withdrawing funds from your KuCoin account is very straight-forward. However, prior to making deposit and withdrawal transactions, you have to go through Security and KYC verification processes to ensure your safety.

Here, you will find steps that you can follow in withdrawing funds from KuCoin account.

Click this to access the platform.

Once the site is up, log-in with your registered account.

kucoin_deposit

Use the email address and password you’ve registered for KuCoin and click on “Log in.”

After logging in, you will be routed automatically to the “Assets” page.

kucoin_withdraw

Inside the “Assets” page, select your Lisk (LSK) or if it’s more convenient for you, type in your Lisk (LSK) on the Search bar. Click on “Withdrawal” in line with your selected Lisk (LSK) or directly click on the “Withdrawal” menu at the left side of the screen. We are using BTC in this example.

kucoin_withdraw

The Withdrawal form will ask you to enter your Lisk (LSK) address, the amount that you wish to withdraw, your security question (this was set up upon KuCoin registration), and finally, your Google 2FA six-digit verification code. It is highly recommended to double check your wallet address before completing each withdrawal transaction to avoid losing money.

Click on “Confirm” to continue.

“Withdrawal history” is readily available should you want to check your pending and or all processed deposits.

Perfect! You have successfully processed Lisk (LSK) withdrawal from your KuCoin account.

Step by step overview on how to deposit Lisk (LSK) on Kraken

With Kraken, you can deposit cryptocurrencies like Lisk (LSK) 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 Lisk (LSK) on your registered and confirmed Kraken account:

  1. Deposit Lisk (LSK) 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 Lisk (LSK) on your Kraken account

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