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

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

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 Monero (XMR) withdrawal.

Here are the steps on how to withdraw Monero (XMR) from your registered and confirmed Kraken account:

  1. Withdraw Monero (XMR) from Kraken
  2. Withdraw Fiat money from 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.”

1. Withdraw Monero (XMR) from your Kraken account

To withdraw Monero (XMR) from Kraken, click on “Withdraw” and select your Monero (XMR).

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.”

Good job! You have withdrawn Monero (XMR) from your Kraken account.

 

2. Withdraw Fiat money from your Kraken account

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.

Perfect! You have withdrawn Fiat money from your Kraken account. 

Step by step guide on how to deposit Monero (XMR) on your HitBTC account

Adding funds on your HitBTC account is easy. You can deposit cryptocurrencies only as Fiat currencies like US dollar, Euros, British Pounds, and more are currently not available.

Here are practical steps on depositing funds to your account:

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

Next, go to your Account page or select the green “Deposit” button in the top right corner of the main page.

After clicking the “Deposit” button, you have to generate your wallet address. To do this, select the Monero (XMR) that you want to buy or use the “Search” field at the top, and hit the button in “Deposit” column. Copy and paste the address at a third party service to initiate a transaction.

Some cryptocurrencies have additional identifier fields usually called Payment ID, like DestinationTag for XRP and Message for XEM. In this case, don’t forget to copy and paste your Payment ID to a separate field before sending a deposit.

Once your funds reached HitBTC, you will see pending transaction at the bottom of the Account page, in the “Latest transactions” corner. The funds will be reflected on your account shortly.

Fantastic! You have just funded Monero (XMR) on your HitBTC account.

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