How to withdraw kraken platform currency to WeChat or Alipay

Steps to withdraw money from Kraken to WeChat or Alipay: Create an OTC transaction order and select the withdrawal method and amount. Fill in the transaction details and enter the payment address. Submit the transaction order and the system will automatically match the counterparty. Make payment and confirm transaction based on email notification. Withdrawal amounts are usually received within minutes.

How to withdraw money from Kraken platform currency to WeChat or Alipay

To withdraw money from Kraken platform to WeChat or Alipay, you need to perform the following steps:

Step 1: Create OTC transaction order

• Log in Your Kraken account.
• Click on the "Transactions" tab.
• Select "OTC Trading".
• Click "Create OTC Transaction Order".

Step 2: Select the withdrawal method and amount

• In the "Buyers" or "Sellers" section, select the "Withdrawal" option.
• Select the cryptocurrency you want to withdraw (e.g. XBT).
• Enter the amount you want to withdraw.
• Select "WeChat" or "Alipay" as the payment method.

Step 3: Fill in the transaction details

• In the "Transaction Details" section, enter your WeChat or Alipay payment address.
• Check that all information is correct.

Step 4: Submit the transaction order

• Check "I have read and agree to the Kraken OTC Trading Terms".
• Click "Submit Transaction Order".

Step 5: Waiting for matching

• The system will automatically match you with a suitable counterparty.
• You will receive an email notification once a match is successful.

Step 6: Pay and Confirm Transaction

• Open the email and click on the "View Transaction" button.
• Follow the instructions in the email to make your payment.
• After payment is completed, click "Confirm Transaction".

Step 7: Receive Withdrawal

• Withdrawals usually arrive within minutes of payment confirmation.
• You should receive the withdrawal amount in your WeChat or Alipay wallet.

Note:

• Kraken currently only supports WeChat and Alipay withdrawals of XBT, ETH, XRP, USDT, PAXG and USDC.
• Cash withdrawals may be subject to certain fees.
• Please make sure you enter the correct payment address or you may lose your funds.

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