Ultimate guide on how to transfer
Monero (XMR) from HitBTC to Kraken

Step by step guide on withdrawing funds from your HitBTC account

HitBTC has an easy way of withdrawing funds. However, you can only process transactions for cryptocurrencies as Fiat currencies like US dollar, Euros, British Pounds, and more are currently not available.

Here are guided steps on how to withdraw funds from you HitBTC account:

Go to https://hitbtc.com and log into your account using the email and password you’ve registered, then click “Sign in.”

To withdraw your Monero (XMR), proceed to the “Account” tab. Click on the “Withdraw”  button next to your Monero (XMR).

Before making any withdrawal, make sure that the amount you’d wish to withdraw is deposited on your main account, so you can transfer it from your trading account if needed. Hit the “Transfer” button to proceed.

After transferring your funds from your primary account to the trading account, you can proceed to process the withdrawal.

Enter the amount you’d want to withdraw and paste the receiving address to the “Address” field. Make sure that you’re using the correct address. Once your money has been sent, the transaction wouldn’t be reversed.

Once ready, click “Withdraw.”

After hitting the “Withdraw” button and typing in the authentication code, the following notification is going to pop-up: “Your withdrawal request requires confirmation by e-mail.”

Open your email and locate the message from [email protected], with a subject line “Withdraw verification” that looks like this:

Click the link to confirm your withdrawal. You can manage your withdrawals in the “Reports – Payment history,” or in the “Latest transactions” section at the bottom of the screen.

The three yellow dots show that your withdrawal is being processed. Once completed, it will turn green.

Nice one! You have successfully withdrawn Monero (XMR) from your HitBTC account.

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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