Ultimate guide on how to transfer
Zcash from Kraken to Bitfinex

Step by step overview on how to withdraw Zcash 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 Zcash withdrawal.

Here are the steps on how to withdraw Zcash from your registered and confirmed Kraken account:

  1. Withdraw Zcash 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 Zcash from your Kraken account

To withdraw Zcash from Kraken, click on “Withdraw” and select your Zcash.

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 You have withdrawn Zcash from your Kraken account.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 You have withdrawn Fiat money from your Kraken account.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 Zcash on Bitfinex

At Bitfinex, any registered user can make a deposit either through cryptocurrencies like Zcash or Fiat money. However, it is mandatory to have a verified account if you intend to process a Fiat money deposit. Just like other exchanges, the funding process for this platform is very understandable.

This guide will help any individual make his/her first deposit on Bitfinex a success.

  1. Deposit Zcash on Bitfinex
  2. Deposit Fiat money on Bitfinex

Click this link to access the exchange site.

Log-in using your registered account. Make sure to copy the Captcha text.

how to login on Bitfinex

Get the 6-digit code from the authenticator app if you have enabled 2FA on your Bitfinex account. Click the ‘Authenticate’ box after entering the 2FA code.

how to login on Bitfinex

After logging in click the Deposit tab on the top of the page.

how to deposit funds on Bitfinex

1. Deposit Zcash on your Bitfinex account

Depositing Zcash does not require a verified account. So while waiting for the verification request approval, you can process cryptocurrency deposit first.

From the Deposit section, locate the Cryptocurrencies panel and choose which currency you want to fund.

how to deposit Zcash on Bitfinex

Read the guidelines on the screen especially regarding the fees before proceeding.

how to deposit Zcash on Bitfinex

After grasping all information check all the boxes and hit the ‘ I understand. Continue.’ button.

how to deposit Zcash on Bitfinex

Bitfinex offers three types of wallet addresses. The most commonly used is the Exchange Wallet which users can use for buying & selling supported tokens. The other two are Margin Wallet (trading on margin) and Funding Wallet (provides finance for other margin traders).

Select which wallet address you want to fund and click on ‘Click to generate address’ button. Additionally, tick on the icon just beside ‘Click to generate address’ to copy the address to the clipboard. This action will make sure that you’re copying the correct one.

To complete this step, you have to enter the Bitfinex address to the external wallet from which you intend to access and send the funds. There is a minimum of 20 confirmations (approximately 5+ minutes) before the funds get credited to your Bitfinex account.

how to deposit Zcash on BitfinexPerfect! You have deposited Zcash on your Bitfinex account. 

 

2. Deposit Fiat money on your Bitfinex account

If your account verification request already gets approval, you may also deposit Fiat money to it. From the deposit section, locate ‘Bank Wire’ and choose the currency you wish to fund from the list.

Follow the instructions on the page such as providing the bank details from which the funds will be coming from and other necessary information needed to complete the process. Always see to it that everything you enter is accurate and updated to avoid errors and delays. You will get a notification once the funds get credited to your Bitfinex account.

how to deposit fiat money on Bitfinex

You can check your deposit transaction on the Deposit section under Recent Deposits.

how to view deposit on BitfinexGreat job! You have effortlessly funded Zcash on your Bitfinex account.

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