How to transfer from Kraken to Binance or Kraken to Metamask? send cryptocurrencies from Kraken exchange to Binance is very easy with the progress in the design of their sites. In this article on Shetcoiner we’re trying to teach you these currency transfers. If you’re interested, you can refer to transfer from Coinbase to Kraken, How to deposit funds into Kraken? or How to trade on Kraken? and etc.
You can watch this video from Shetcoiner’s YouTube channel to learn more:
About Kraken
Before learning how to transfer from Kraken to Binance and Kraken to Metamask? we should say that: Kraken is one of the oldest digital currency exchanges. This exchange supports more than 90 different cryptocurrencies for buying, selling and trading, as well as other capabilities such as stocks, margin trading, etc.
All traders around the world can trade using this digital currency exchange. Kraken is also one of the most successful exchange platforms; Because it is easy to use, has high security and has low fees. you can refer to Does Kraken have a wallet? article for more information.
Kraken is a United States-based cryptocurrency exchange and bank, founded in 2011. The exchange provides trading between cryptocurrency and fiat currencies, and provides price information to Bloomberg Terminal.
Quoted from Wikipedia.
How much is the deposit fee at Kraken?
How to transfer from Kraken to Binance and Kraken to Metamask? Deposits in Kraken are often zero, with a few exceptions. Depending on the type of your currency and the deposit method you choose, you may need to pay a fee when placing money in Kraken. For example: depositing USD with FedWire (MVB Bank) is free, while depositing USD with FedWire costs about $ 5. You can also refer to Kraken Exchange Review 2021 article for more information.
See also How to transfer from Coinbase to Trust Wallet?
transfer from kraken to binance - kraken to metamask
Steps of transfer from Kraken to Binance
1st Step: receiving crypto’s wallet address in Binance
In this step of the transfer you should find the wallet address in your destination exchange (Binance) in the website or phone application and copy it.
Login to your Binance account.
Enter to your Binance wallet and select the desired cryptocurrency and the click on “Receive” or “Deposit”.
Then select the Blockchain network that you want to transfer in the form of this network from the options. Note that the address of your destination wallet in Binance will be given according to your Blockchain network, so be careful to choose the exact same Blockchain network in Kraken exchange when sending after placing the destination wallet address in Binance. Make the one you selected in Binance and it’s related to your wallet address.
You can now copy the address of your Binance wallet and keep it safe somewhere.