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

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 You have withdrawn Multi-collateral DAI (DAI) from your Kraken account.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 You have withdrawn Fiat money from your Kraken account.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 KuCoin

Adding funds into your KuCoin account can be done by depositing cryptocurrencies like Multi-collateral DAI (DAI). After making sure that your KuCoin account is safe to use and is fully verified, you can proceed with performing deposit transactions.

Here, you will find steps that you can follow in funding your KuCoin account.

Click this to access the platform.

Once the site is up, log-in with your registered account.

Use the email address and password you’ve registered for KuCoin and click on “Log in.”

After logging in, you will be routed automatically to the “Assets” page.

Inside the “Assets” page, select your Multi-collateral DAI (DAI) or if it’s more convenient for you, type in your Multi-collateral DAI (DAI) on the Search bar. Click on “Deposit” in line with your selected Multi-collateral DAI (DAI) or directly click on the “Deposit” menu at the left side of the screen. We are using BTC in this example.

Copy your Multi-collateral DAI (DAI) address or scan the barcode. Read the “Tips” prior to submitting your deposit. It is highly recommended to double check your wallet address before completing each deposit transaction to avoid losing money.

“Deposit history” is readily available should you want to check your pending and or all processed deposits.

Perfect! You have funded Multi-collateral DAI (DAI) on your KuCoin account.

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