Ultimate guide on how to transfer
Monero (XMR) from Private: Bitlish to Kraken

Step by step overview on how to withdraw Monero (XMR) from Bitlish

Once you have a verified account, you may now go ahead and withdraw funds from Bitlish. Just like their deposit process, getting your funds from this platform is also easy and quick. You will have the option to process Fiat or cryptocurrency withdrawal.

Below are steps to guide you in making a withdrawal on Bitlish.

  1. Withdraw Monero (XMR) from Bitlish
  2. Withdraw Fiat money from Bitlish

Go to the log-in page to start.

Key in your email/phone number which you have used during registration as well as your password. Tick the Captcha box and click Login.

Get the 6-digit code from your phone, enter on the ‘Confirmation code’ field and hit Confirm.

Go to the ‘Finance’ page to start your withdrawal.

1. Withdraw Monero (XMR) from your Bitlish account

Once you’re on the Finance page, scroll down and locate the Balance section. Select the cryptocurrency of your choice and click Withdraw. Take note that the withdraw option or button only shows up for verified users.

Key in the amount that you intend to withdraw and hit Proceed. Go through with the instructions on the next screen until you complete the transaction. Please note that there is a 0.001 BTC fee for each withdrawal.

Excellent! You have easily withdrawn Monero (XMR) from Bitlish.

 

2. Withdraw Fiat money from your Bitlish account

There are different options in withdrawing Fiat money from Bitlish. You have options to send the funds to your card, online payments, and vouchers.

From the Finance page, go to the Balance section and click the ‘Withdraw’ button of the currency with which you want to withdraw. Just like cryptocurrencies, only verified users could process Fiat withdrawal. The Withdraw button will not appear on unverified accounts.

Click the withdraw method that you would like to utilize and hit Proceed. Follow the steps or instructions on the next page and wait for the confirmation.

Your withdrawal transaction will show on the Finance page just below the Balance section. Click the ‘Account operations’ tab and choose ‘Withdraw’ for the type.

You did great! Withdrawing Fiat money from Bitlish has never been this easy.

Step by step overview on how to deposit Monero (XMR) on Kraken

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

  1. Deposit Monero (XMR) 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 Monero (XMR) on your Kraken account

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