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Written by Ryan Scribner on February 6, 2024
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How To Transfer From Kraken To Coinbase 2024

In this article, we provide instructions on how to transfer crypto from Kraken to Coinbase, step by step.

These are two popular cryptocurrency exchanges available to today's investors.

Let's dive in!

New to the world of Crypto? Check out my full Coinbase tutorial below!

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1. Open A Coinbase Account

Trade cryptocurrency with Coinbase

You'll need to have an account with Coinbase in order to receive cryptocurrencies.

Coinbase is a cryptocurrency platform that has been around since 2012.

If you sign up for Coinbase using our button above, you will get a free Bitcoin bonus!

2. Verify Your Coinbase Account

To send/receive crypto, you do need to verify your account.

This verification is done through uploading a photo of your driver's license or other state issued ID.

Here's how:

  1. To do this, you will click "Send/Receive" once logged into Coinbase
  2. A popup will appear that prompts you to upload a photo of your ID (front and back)
  3. This can take 1-2 business days to complete

If the image of your ID is clear and matches the information in your account, verification will be completed in minutes.

3. Find Your Coinbase Wallet Address

Crytpocurrency is held in a wallet, and every crypto wallet has a specific address.

In order to transfer crypto from one location to another, you will need this address, which can be found in Coinbase quickly and easily.

Here's the steps:

  1. In the "Home Tab" of the Coinbase app, tap "Receive" at the top (on the desktop version, click the "Send/Receive" button)
  2. A new screen (popup on the desktop version) will appear with a QR code and an address
  3. Beneath the address, you will see a cryptocurrency
  4. Tap the box to select the crypto you wish to transfer
  5. Copy this address with the "copy" function on your phone
  6. You will use this once you initiate a transfer from Kraken

Always double check to make sure you are sending cryptocurrencies to the correct wallet type.

For example, Bitcoin to a Bitcoin Wallet Address only.

4. Send Crypto From Kraken To Coinbase Wallet

kraken logo

Withdrawing crypto from your Kraken account will result in a transfer fee. To see all fees and minimums, take a look at Kraken's fee schedule.

Here's how to send crypto from Kraken to Coinbase:

  1. Once logged into Kraken, click on "Funding" in the main menu
  2. Find the crypto you would like to transfer and click on "Withdraw" or the up arrow
  3. Click on "+Add address"
  4. A new popup/screen will appear when you will type in a description of the new address (example "Coinbase Wallet") and paste in the address you copied from Coinbase
  5. Click "Save Address"
  6. You will then receive a note informing you to confirm the new address
  7. You will receive an email with instructions on how to approve the new wallet you just added
  8. After confirming the new address, you will enter in the amount of the particular coin you want to transfer
  9. Confirm the information is correct and click "Withdraw"
Article written by Ryan Scribner
Ryan Scribner is the Co-Founder of Investing Simple and author of the personal finance book ‘From Side Hustle To Main Hustle To Millionaire’ (available on Amazon and at Barnes & Noble). He is recognized as a Top 100 Money Expert by GoBankingRates. Ryan Scribner runs a successful YouTube channel focused on money and investing, which he started in 2016. Scribner was exposed to the finance world early on with a dad who is a financial advisor. Before he started his YouTube channel, he was working and making a surplus of money which he began investing on his own. Then he started to document it on his YouTube channel, before launching the Investing Simple blog in 2018. Ryan Scribner has used his own experiences with money to show others what he’s done to be successful so that they can learn from it. He has been featured in The Wall Street Journal in a publication on The Financial Gurus Millenials Listen To. In addition, Ryan Scribner has been featured in MarketWatch, Business Insider and Forbes - where he was recognized as the #1 Must Watch YouTube Channel For Making Money.

Read more

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Get 1 Free Stock Worth Up To $200 From Robinhood!

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