Cryptocurrency is one of the most popular investment methods in recent years. Many people worldwide invest their funds in digital currency. Due to the increasing demand for digital assets, many crypto exchanges exist. Kraken and Coinbase are famous crypto exchanges because of their flexibility and unique features. These exchanges attract people to buy, send, and hold digital currencies. Are you considering Transfer From Coinbase to Kraken? Keep reading the post to know 5 steps to transfer BTC to Kraken from Coinbase. You can also contact with our CryptoEcoinEx staffs to get help for the problem.

Overview of Coibase and Kraken 

Kraken is the best US-based exchange for experienced cryptocurrency users. It provides an extensive range of trading pairs, so many people use it to store Cryptocurrencies. In addition, this crypto exchange supports a variety of digital currencies such as BTC, Ripple, ETH, EOS, and others in the marketplace.

Coinbase is a well-known crypto exchange that suits newbies in the industry. It has a simple interface that allows the beginner to access the crypto exchange smoothly. Also, the user can easily send their coins to any exchange or platform, making it more widespread.

5 Steps To Transfer From Coinbase To Kraken

Do you need to transfer coins from Coinbase to Kraken? If yes, you can follow the below-given steps to move the crypto to the popular wallet. Facing troubles while moving coins from one exchange to another is common for newbies in the crypto journey. Here are step-by-step that enable the newbie to transfer bitcoin to the Kraken account from coinbase:

Step 1: Sign up for a coinbase account 

First of all, you should log in to the coinbase exchange account. Select the account option on the dashboard bar. Those using the Smartphone for crypto moving can click the mobile version followed by the home menu.

Step 2: Select digital currencies 

Once you have chosen an account, you must select the digital currency to transfer from the coinbase wallet. The exchange has a lot of currencies such as bitcoin, ETC, and much more. If you desire to move any crypto to the Kraken wallet, you can select them without trouble.

Step 3: Enter your Kraken wallet address

Tap the funding option under the trade menu and find the Kraken wallet address. Ensure that the wallet address is new for a smooth transaction. You cannot be able to send bitcoin to the expired deposit address. You can tap to generate a new address if the new address doesn’t display.

The mobile application can click the airplane icon before typing the amount. You should give the correct Kraken exchange address for depositing crypto. Followed by clicking on confirm option. Ensure that you have the precise tag on the Kraken wallet.

You will see the recipient box first during the transfer application process on Coinbase. After that, you should enter the coinbase wallet address. Select the crypto you desire to deposit, whether it may be BTC, ETH, bitcoin cash, and others. Before transferring digital coins from the coinbase, you should check your wallet.

Step 4: Enter crypto wallet address 

Copy the wallet address to the coinbase account and paste it into the recipient bar. Add the digital currency you should transfer and confirm the transaction successfully.

Step 5: Complete the process 

Before completing the transaction, you should double-check the transaction detail. Remember transferring digital assets through blockchain technology cannot reverse. Thus, you might lose the digital currency.

Once all details are checked, you can finish transferring digital currency from the coinbase wallet to the Kraken exchange. Check the Kraken wallet to confirm whether digital currency is deposited or not. Successful completion of BTC transaction will display in the account. If the internet is not stable, you should wait for a more extended period.

With these steps, you can Transfer From Coinbase to Kraken effortlessly. You can contact the customer support team if you have doubts about transferring bitcoin. The expert will provide the right solution quickly through phone or chat.

Also Read:- How To Solve Ethereum Pending Transactions

Conclusion

This article will help you to make a digital asset Transfer From Coinbase to Kraken safely. No matter what digital currencies you transfer, you expect to make sure that all details are correct. You will lose currencies if you send the bitcoin to the wrong address. Therefore, you must check the wallet address twice before transferring Cryptocurrencies.

Watch The Full Tutorial To Transfer From Coinbase To Kraken.

Here’s a 2 minute video showing you how to transfer from Coinbase To Kraken easily in just 2 minutes.

FAQ (Frequently Asked Questions)

How To Check The Transaction History?

If you need to check the history of the crypto transaction, you can go to the history tab on the exchange. Hit on deposit and withdrawal history in the menu. Now, you will get your crypto transaction history.

Does Coinbase Charge a Fee To Transfer Coins To Kraken Exchange?

Coinbase charges a fee for cryptocurrency transactions. But the transaction fee is cheaper than other digital currency exchanges.

When You Use The Wrong Address, What Happens?

Sending cryptocurrency to the wrong address can permanently lead to the loss of coins. Therefore, you can use a QR code for verification before sending the digital asset from your coinbase exchange.