hi there my name is simon and in this
video
i'm going to show you step by step how
to withdraw cryptocurrency
from the kraken exchange i'm going to
show you everything on my computer so
you can easily follow along with this
video
so let's not waste any time and get
started right away
to withdraw your cryptocurrency again
you have to go to funding right here
and then and this is the same screen
that we have seen before when we have
funded our account using fiat currency
so right now we want to let's say you
want to withdraw bitcoin
so um you can go to your account
balances go down to crypto assets
and then let's say you want to withdraw
our bitcoin so we're going to click on
withdraw right here
and then you want to make sure to read
this right here and then we have to
select
a cr a bitcoin address that we want to
send our bitcoin to
so here you probably don't already have
addresses set up
so what you have to do is click on add
address right here
you have to give your address a
description so let's say this is my
cold wallet which uh cold wallet is just
a hardware wallet
that is not connected to any server or
something
so um let's say called wallet and
the bitcoin address um here i have to
type in the bitcoin address so when you
set up your wallet
you will get a specific address um and
this is the address that you have to
paste in here and the address will look
something
like this right here now don't use this
one that you see right now
you will have a different address if you
will send money to
if you'll send coins to this address
then i will be very happy because that's
my personal address
but you want to make sure that you'll
put your own
specific um wallet address or address of
your other exchange that you want to
send your cryptocurrency to in here
and then click on save address and i
already have
a couple of addresses right in here and
then
once you have set it up maybe you have
to confirm it also with your email
or with your two-factor authentication
and
then once you've set it up you can go
back to this screen reload the page
right here
and then you should be able to send it
to this specific wallet
so i have these ones right here set up
so let's say i want to send it to
another exchange which is finance
i would use this specific code and type
in the amount i want to send so let's
say i want to send zero point
0.1 bitcoin uh
and then uh you'll see the fee you'll
have to pay here
and then i'm going to click on review
withdrawal
and here again you can see exactly what
will happen so
i will be sending it to this specific
address this will be the amount i'm
sending
this will actually be the amount i'm
receiving because i have to pay this
fee to the people who have to confirm
the transaction and then when i click on
confirm withdrawal then it takes
a little bit until my um until my
transfer is through sometimes it takes
longer sometimes it takes
not so long so usually it takes like 10
minutes but if there's a lot of
transactions then it might take longer
so once you have set up your um
once you have set up this transfer then
you can go back to funding right here
and you can scroll
all the way down to funding transactions
and you can go to the
id right here and then you can go to
more info here
it says id block explorer and then it
will take you to another website
which is tracking the bitcoin transfers
and you can see how many confirmations
this transfer has so
this is a transfer i did i think earlier
today and it already has like
34 confirmations and for example i think
for coinbase
it takes like three confirmations until
the cryptocurrency will arrive and for
other
platforms or wallets it will take a
different amount of confirmations
but here you can basically see the the
progress of your
uh transaction because i know that when
you are
kind of transferring cryptocurrency for
the first time
and you don't see anything happening
then you might freak out and you think
that your cryptocurrency is lost
which never happened to me just make
sure that you're you actually type in
the correct address
uh in your uh in your field on kraken
this was actually a segment from my
complete crank tutorial that is also
available here on youtube
so if you're a complete beginner to the
kraken platform you can also watch my
complete tutorial that you'll find down
below
in the video description if you found
this video helpful make sure to click
that thumbs up button down below
and leave me a comment if you have any
questions also if you want to see more
videos just like this one
make sure you subscribe to the channel
and with that being said
thank you very much for watching and i
look forward to seeing you in the next
video