Ultimate guide on how to transfer
Multi-collateral DAI (DAI) from Kraken to Gemini

Step by step overview on how to withdraw Multi-collateral DAI (DAI) 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 Multi-collateral DAI (DAI) withdrawal.

Here are the steps on how to withdraw Multi-collateral DAI (DAI) from your registered and confirmed Kraken account:

  1. Withdraw Multi-collateral DAI (DAI) 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 Multi-collateral DAI (DAI) from your Kraken account

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.”

Good job! You have withdrawn Multi-collateral DAI (DAI) from your Kraken account.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 You have withdrawn Fiat money from your Kraken account.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 overview on how to deposit Multi-collateral DAI (DAI) on Gemini

With Gemini, you can deposit cryptocurrencies like Multi-collateral DAI (DAI) 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 Multi-collateral DAI (DAI) on your registered and confirmed Gemini account:

  1. Deposit Multi-collateral DAI (DAI) on Gemini
  2. Deposit Fiat money on Gemini

Click here to open the exchange site and click on “Sign in.”

Type in your registered email address and password, then click on “Submit.”

After logging in, go to “Transfer funds” then select on “Deposit Into Exchange” to start depositing funds on your Gemini account.

1. Deposit Multi-collateral DAI (DAI) on your Gemini account

To deposit Multi-collateral DAI (DAI) on Gemini, select your Multi-collateral DAI (DAI) under “Deposit Into Exchange.”

Once you have selected your Multi-collateral DAI (DAI), you can generate your wallet address by scanning the QR code. Make sure the right address is entered when processing deposits as completed transactions can no longer be reverted and may result in losing funds.

Great! You have deposited Multi-collateral DAI (DAI) on your Gemini account. 

 

2. Deposit Fiat money on your Gemini account

To deposit Fiat money on Gemini, select your currency under “Deposit Into Exchange.” Next, select your funding source from the dropdown menu and enter your deposit amount. Click on “Review Deposit” and review the information that you supplied to avoid losing funds. Then confirm the transaction.

Excellent! You have funded Fiat money on your Gemini account.

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