Coinbase has acted as the primary on-boarding platform for a lot of cryptocurrency investors. But the limited selection of available assets on Coinbase may leave some investors wanting more as they move up from novice-level cryptocurrency beginners to traders. If you want to buy some coins or tokens that are available on Kraken, you will have to transfer your funds over to a Kraken wallet. Following the steps of this guide, you’ll be able to easily transfer your Bitcoin from Coinbase to Kraken.

Step 1

Open up your Coinbase account and find the ‘Accounts’ button that is located near the top of the screen.

For Coinbase mobile app users, the ‘Accounts’ button can be found at the bottom of your screen.



Step 2

Now you can scroll through to pick the cryptocurrency that you wish to transfer to Kraken. Bitcoin is the first option listed on Coinbase and the Coinbase app.

Step 3

Find the send button.

On Web

Click on the paper plane icon next to ‘Send’. A screen overlay will pop up.

In the ‘Amount’ field, simply enter the amount of BTC you wish to send.

On Mobile

Tap on your Bitcoin wallet and you’ll see your balance. You will also notice a small paper airplane icon on the top right corner of the page. Tap the airplane to be brought to the page where you can enter the amount of BTC you want to send.

Now tap on ‘Next’ and you’ll be able to enter your Kraken deposit address.



Where to find your Kraken address

Sign into your Kraken account and look for the ‘Funding’ button. It can be found near the top of the page.

A menu on the left side of the screen will show all of the various cryptocurrencies that can be deposited. Choose Bitcoin, and then select ‘Generate New Address’ to get the Deposit Address.

You will be able view the address and write it down or copy it so it can later be pasted into Coinbase. On this page can also view a QR code that corresponds to the wallet address.

Step 4

Enter the Kraken address in the ‘Recipient’ field and enter the amount you want to transfer from Coinbase to Kraken.

Step 5

Press ‘Continue’ and review the details of the transaction.

When sending Bitcoin or any cryptocurrency from one wallet to another, always be sure to check the addresses you are entering.

When dealing with an exchange like Kraken that includes dozens of coins, a careless user might select the wrong coin and copy the wrong address.

Sending bitcoin to the address of another coin will result in lost funds. A typo in the address field could also result in the loss of all of your Bitcoin. These losses are completely permanent and irreversible, not even Coinbase or Kraken could help you. It’s a good idea to use copy-paste.

Step 6

Hit send and complete the transaction.

Within about 30 minutes (sometimes faster) the Bitcoin should be available on your Kraken account.

You will also be able to select the ‘Transactions’ button on your Coinbase account to view the details.

You’re Done!

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