How to secure your cryptocurrency purchased on Kraken?

Do you hold cryptocurrency stored on Kraken and want to transfer it to further secure your funds? The Versity team presents 2 options in tuto!

How do I transfer my cryptocurrency from Kraken to MetaMask?

To transfer your cryptocurrency from Kraken to MetaMask, you need to complete the following steps:

- Log in to your Kraken account and access your crypto-currency wallet.

- Select the cryptocurrency you wish to transfer to MetaMask.

- Click on the Withdraw button and enter the MetaMask wallet address in the Withdraw address field.

- Check that the address you've entered is correct, as mistakes can result in the loss of your cryptocurrency.

- Enter the amount you wish to transfer to MetaMask.

- Check the transaction fees and make sure you have the necessary funds to cover them.

- Click on the withdrawal button to complete the transaction.

- Log in to your MetaMask account and check that the funds have been received.
 

How do I transfer my cryptocurrency from Kraken to Ledger?

- To transfer your cryptocurrency from Kraken to a Ledger hardware wallet, you need to complete the following steps:

- Log in to your Kraken account and access your cryptocurrency wallet.

- Select the cryptocurrency you wish to transfer to your Ledger hardware wallet.

- Click the Withdraw button and enter the Ledger wallet address in the Withdraw address field.

- Connect your Ledger wallet to your computer and open the application corresponding to the cryptocurrency you wish to transfer.

- On the application, select the option to receive the corresponding cryptocurrency.

Copy the Ledger wallet receiving address displayed on the application.

- Return to Kraken and paste this address into the withdrawal address field.

- Enter the amount you wish to transfer to your Ledger wallet.

- Check the transaction fees and make sure you have the necessary funds to cover them.

- Click on the withdrawal button to complete the transaction.

- Wait for the transaction to be confirmed on the cryptocurrency network, which may take several minutes or hours depending on network congestion.

- Check on your Ledger wallet application that the funds have been received.

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