how to send money from kraken to another wallet

To send funds to another wallet, log in to your Kraken account, navigate to the Funding section, select the withdrawal option, enter the wallet address, specify the amount, set the withdrawal fee, review the transaction carefully, submit the withdrawal request, and monitor its status in the Withdrawal History.

Nov 03, 2024 at 05:20 am

How to Send Money from Kraken to Another Wallet

Step 1: Log In to Your Kraken Account

• Go to the Kraken website (www.kraken.com) and enter your username and password.

Step 2: Navigate to the Funding Section

• Click on the "Funding" tab located in the top menu bar.

Step 4: Select the Withdrawal Option

• Under the "My Currencies" section, select the asset you want to withdraw.
• Click on the "Withdraw" button next to the asset.

Step 5: Enter the Withdrawal Address

• In the "Withdrawal Address" field, enter the wallet address you want to send the funds to.
• Ensure the address is correct and matches the chain you are sending the funds on.

Step 6: Enter the Withdrawal Amount

• Enter the amount of the asset you want to withdraw in the "Amount" field.

Step 7: Set the Withdrawal Fee

• Kraken charges a withdrawal fee depending on the asset and the withdrawal method.
• Choose the fee you want to pay from the available options.

Step 8: Review and Confirm the Transaction

• Carefully review all the details of the withdrawal transaction, including the address, amount, and fee.
• Check that everything is correct before proceeding.
• Click on the "Review Withdrawal" button.

Step 9: Submit the Withdrawal Request

• On the review page, verify the transaction details once more.
• Enter your 2FA (two-factor authentication) code if enabled.
• Click on the "Submit Withdrawal" button to initiate the transfer.

Step 10: Monitor the Transaction

• Your withdrawal request will be processed by Kraken and sent to the blockchain.
• You can monitor the status of your withdrawal in the "Withdrawal History" section under the "Funding" tab.