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Kraken

  • 27-04-2021 3:12pm
    #1
    Registered Users Posts: 5,851 ✭✭✭ TheMilkyPirate


    How in god's name do I get money out of Kraken. I have cardano and polkadot in there but j just want to sell them and withdraw the money


Comments

  • Registered Users Posts: 8 Psychoss


    Select your market (ex. ADA/EUR)
    Trade --> New order --> Sell

    Once you have the monies ==> Funding ==> Euro ==> Withdraw
    Select method ==> select account (must be a funding account in your name)

    And that should be it.


  • Registered Users Posts: 5,851 ✭✭✭ TheMilkyPirate


    Psychoss wrote: »
    Select your market (ex. ADA/EUR)
    Trade --> New order --> Sell

    Once you have the monies ==> Funding ==> Euro ==> Withdraw
    Select method ==> select account (must be a funding account in your name)

    And that should be it.

    Perfect thanks!


  • Registered Users Posts: 538 ✭✭✭ Stewball


    I have some Euro on Kraken that I want to move to Binance.

    Can I do a direct transfer or do I have to go Kraken ==> Bank ==> Binance.

    Or has anyone got a better/cheaper way of doing it?


  • Registered Users Posts: 13,667 ✭✭✭✭ partyjungle


    Stewball wrote: »
    I have some Euro on Kraken that I want to move to Binance.

    Can I do a direct transfer or do I have to go Kraken ==> Bank ==> Binance.

    Or has anyone got a better/cheaper way of doing it?

    Euro -> USDT -> Binance


  • Registered Users Posts: 538 ✭✭✭ Stewball


    Euro -> USDT -> Binance

    So I just convert the Euro to USDT on Kraken - then send it to my Binance account?


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  • Registered Users Posts: 13,667 ✭✭✭✭ partyjungle


    Stewball wrote: »
    So I just convert the Euro to USDT on Kraken - then send it to my Binance account?

    Sorry, yes. I should have explained that in more detail. I'm presuming Binance accepts USDT. You send it across to Binance as if it's another crypto.

    I've only started using USDT recently and it's great if you are doing a lot of small trades. Way cheaper than trading in euro. Dunno why I wasn't doing it earlier.


  • Registered Users Posts: 25,605 ✭✭✭✭ GreeBo


    Stewball wrote: »
    I have some Euro on Kraken that I want to move to Binance.

    Can I do a direct transfer or do I have to go Kraken ==> Bank ==> Binance.

    Or has anyone got a better/cheaper way of doing it?

    Buy any crypto that both support and transfer that between the two exchanges.


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