How to transfer from Coinbase to Kraken?

How to transfer from Coinbase to Kraken? Kraken exchange is an exchange based on cryptocurrencies that was founded in 2011 by Jesse Powell in America. In this article on shetcoiner we will tell you all about how to transfer crypto from Coinbase to Kraken? and more details related to this topic. We also have other related articles on our website such as: Kraken business account, How to transfer from Kraken to Binance? and more.

how to transfer from coinbase to kraken? About krakenAbout Kraken

This exchange started providing services to users and customers in 2013 after 2 years of testing and developing. This exchange was supporting a few list of Coins in its trading, nut after a while it increased it features in time. Coinbase Exchange is one of the digital currency exchange platforms and a digital asset exchange company that allows you to buy and sell cryptocurrencies.

Kraken is a United States-based cryptocurrency exchange and bank, founded in 2011. The exchange provides trading between cryptocurrency and fiat currencies, and provides price information to Bloomberg Terminal.

Quoted from Wikipedia.

This platform can also show you the information and details about your transactions. Coinbase actually has a wallet for all digital currencies, and you can store your digital currencies directly in this wallet. By using this platfrom, you can trade Bitcoins, Ethereum, Lite coins, and other digital assets, in 32 countries of the world! You can refer to Kraken Exchange Review 2021 for more information.

transfer from coinbase to kraken (about kraken)

Transfer from Coinbase to Kraken

In this section of article, we are going to teach you how to send crypto from Coinbase to Kraken in a Step-by-Step guide and needed explanation.

Transfer from Coinbase to Kraken (step one)1st Part: Copying wallet address in Kraken exchange

  1. Login to your account in Kraken exchange.
  2. Go to the “Funding” section.
  3. Click on the “Deposit” button.
  4. Select your desired cryptocurrency in the opened list.
  5. In this section for transfer from Coinbase to Kraken, you need to click on the “Generate New Address” button. This is a way for getting a “Deposit Address” from Kraken for your cryptocurrency to transfer from Coinbase.
  6. Copy the Kraken’s wallet address somewhere.

Transfer from Coinbase to Kraken (step two)2nd Part: transferring cryptocurrency from Coinbase to Kraken

  1. Login to your Coinbase account in the its website or application.
  2. Now you need to go to the “Accounts” section for seeing the cryptocurrencies that are supported in Coinbase. (if you’re using the application, you can go to the “Portfolio” section).
  3. Now select the cryptocurrency you want. and if you are in the mobile version, you can enter the cryptocurrency sending section in Coinbase by clicking the “Send” button at the beginning and before selecting the cryptocurrency, and then enter the cryptocurrency you want.
  4. Now you need to enter the address of your Kraken exchange wallet that you previously generated and copied in the textbox.
  5. At this point, make sure that the blockchain network of your wallet in Kraken is exactly the same as the option to send your crypto in Coinbase. For example, you should not send wallets in the Ethereum blockchain with the symbol ERC-20 or ERC-10 from the Coinbase exchange with the blockchain TRON or TRC-10 and TRC-20. If you have done this, be sure to contact Coinbase Exchange support immediately, or if it is still possible to cancel in your panel, cancel and modify it.
  6. Now click on “Send” or “Submit” button to start sending your crypto from Coinbase to Kraken.

Note that this transfer may take some time.

Your crypto currency will  be transferred from your Coinbase to your Kraken account. Just give it 30-45 minutes; then you can check your Kraken account to see if it has been deposited. You can also check your Coinbase for Transactions if it has successfully gone through.

Therefore, if you do not see any problems in your crypto sending settings, it is better to wait a while until the process of transferring and confirming transactions in the crypto blockchain you want is completed and the received by Kraken. After a few minutes, be sure to update your wallet or balance at the Kraken exchange to see if you received it or not.

transfer from coinbase to kraken

How to send crypto from Coinbase to Kraken?

For some cryptocurrencies, you will need to provide details other than the address to transfer your crypto:

  • Ripple XRP deposits require a destination tag.
  • Lumens deposits (XLM) require a “memo”.
  • EOS deposits require a “memo”. You can also use the provided QR Code.

Important Note: If you are using QR Code for XRP and XLM, make sure the memo / tag is there. For EOS, the memo must be typed manually by the customer. Note that once you have made a valid transaction from your wallet, the deposit will be credited to your account when the minimum number of required confirmations has been obtained by Blockchain.

If you did not enter the correct tag or note, please be sure to send a ticket to the support base of your source, Coinbase. The only way to remove a deposit address is to delete it. Valid transactions sent to the expired deposit address can still be deposited free of charge.

How to transfer from Coinbase to Kraken?

For getting more information and learn how to transfer crypto from Coinbase to Kraken? you should watch this video to the end:

Conclusion

In this article on shetcoiner we talked about Kraken and we answered this question: How to transfer from Coinbase to Kraken? If you want to learn, you have to follow the guide that we talked about before. In addition to exploring how to transfer crypto from Coinbase to Kraken? we also have other related articles on our website such as: Kraken business account, How to transfer from Kraken to Binance and Kraken to Metamask? How to trade on Kraken? and other topics that you should refer to for getting more information.

transfer from coinbase to kraken (faq)Frequently Asked Questions:

Can users transfer their assets from Coinbase Exchange to Kraken?
Yes, it is possible for users to transfer their cryptocurrencies between this two platforms.

Where can we check our transfer history?

You can check your transfer history in the history sheet at the exchange platform. The history of completed or canceled deposits and withdrawals can be viewed in this section.

If you want to know more about crypto currencies read the following articles on shetcoiner site:

What Does Bitcoin Dominance Mean?

How do I Get My Trust Wallet Private Key?

How to Delete Trust Wallet Account?

John Blue

Hello, I'm John Blue. I have several years of experience in the field of cryptocurrencies. In this blog, I will share my experiences related to this field with you and teach you some tips. If you are interested in this field, I hope our content will be useful for you.

8 Comments

    1. yo men
      Both platforms offer a rich set of features. Kraken offers lower fees for pro traders but has some geographic restrictions within the U.S.
      Coinbase’s platform is easiest to use for new investors, but trading fees are generally higher

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button