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 Multi-collateral DAI (DAI) withdrawal.
Here are the steps on how to withdraw Multi-collateral DAI (DAI) from your registered and confirmed Kraken account:
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 withdraw Multi-collateral DAI (DAI) from Kraken, click on “Withdraw” and select your Multi-collateral DAI (DAI).
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.”
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.
Bibox only accepts cryptocurrency deposits and can only process crypto-to-crypto tradings.
Below are the practical steps on how to deposit Multi-collateral DAI (DAI) on Bibox.
Visit Bibox official website: https://www.bibox.com
Log in using the email and password you registered.
Once you’re in, go to “Assets” and then to the Deposit tab. Select the token/coin that you want to deposit from the dropdown. You can use either your wallet or other platforms to transfer/deposit by copying the address provided. Please make sure you are depositing the correct Multi-collateral DAI (DAI) and copying the right address, a wrong deposit cannot be refunded.
After that, you can check the deposit status at the “Deposit History” page.
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