What is the process for transferring Bitcoin from Kraken to Coinbase?

1 answers

• Dec 19, 2021 · 3 years ago
  Transferring Bitcoin from Kraken to Coinbase is a simple process. Here's how you can do it: 1. Log in to your Kraken account and go to the 'Funding' section. 2. Find your Bitcoin wallet and click on 'Withdraw'. 3. Enter the amount of Bitcoin you want to transfer and the address of your Coinbase Bitcoin wallet. 4. Make sure to double-check the address to avoid any mistakes. 5. Confirm the withdrawal and wait for Kraken to process the transaction. 6. Once the transaction is confirmed, the Bitcoin will be sent to your Coinbase account. Keep in mind that transaction fees and network congestion can affect the transfer time and cost. It's always a good idea to review the withdrawal limits and fees on both Kraken and Coinbase's websites before initiating the transfer.
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