how to transfer from kraken to mexc

To securely transfer assets between Kraken and MEXC, follow the detailed steps outlined in the linked article, ensuring proper verification and cautious verification of recipient addresses to prevent potential loss of funds.

Oct 27, 2024 at 07:18 pm

How to Transfer Assets from Kraken to MEXC

Step 1: Prepare Your Accounts

• Ensure you have both a Kraken and a MEXC account.
• Verify your identity on both exchanges for enhanced security.

Step 2: Log in to Kraken and Navigate to Withdrawal

• Sign in to your Kraken account.
• Click on "Funding" from the menu bar.
• Select "Withdraw" from the submenu.

Step 3: Select the Currency and Address

• Choose the cryptocurrency you wish to transfer from the "Asset" dropdown.
• Enter the MEXC wallet address in the "Destination Address" field.

Step 4: Set the Amount and Tag (Optional)

• Enter the desired transfer amount.
• If necessary, provide the Memo/Tag associated with your MEXC wallet.

Step 5: Confirm the Withdrawal

• Carefully review all the transaction details.
• Click on "Review Withdrawal" to confirm the request.
• Authorize the transaction using 2FA (Two-Factor Authentication).

Step 6: Log in to MEXC and Check Deposits

• Sign in to your MEXC account.
• Navigate to "Assets" and select "Deposit History."
• Check the status of your incoming transaction.

Additional Notes:

• Each cryptocurrency has its own processing time for withdrawals and deposits.
• Fees may apply depending on the currency and the exchange rates at the time of transfer.
• Always double-check the recipient address before initiating a withdrawal to avoid any potential loss of funds.