If you’re a new cryptocurrency enthusiast who hasn’t learned how to trade in an exchange, this guide is for you. Before any trade can be conducted, you have to pick an exchange. In this article, you’ll learn how to register on one of the most popular exchanges in the industry, Kraken.
Your Step By Step Walkthrough For Trading On Kraken
Step One: Visit Kraken.com to sign up for an account. You’ll need your email address, an up-to-date PC, biodata, and, and internet connection. Insert the email address in the field reserved for it. Chose a user ID and password then click on sign up.
Step Two: Activate the Account
After you have completed the account opening, you’ll be redirected to the activation page. A message with the activation code should be in your email. Copy and paste the code on the activation page and click on activate account.
Step Three: Verify Your Account
Before you are allowed to send or withdraw funds, you have to verify the account. The levels of verification range from 1 to 4. Each level has a unique feature. Click on the get verified button and fill in the required details. After this, you’ll move to the second level of verification. Enter the required details to pass this level. There will be no need to continue up to the fourth level.
Step Four: Link Bank Account
After you have finished verifying, you have to link your bank account. This will allow you to deposit and withdraw funds at will. Log in and click on funding. Click on add an account and input your details. It’s important that the name on the Kraken account is the same as the name on the bank account. After that, click on save account.
That’s how you open a Kraken account. At this point, your account will be active, and you’ll be able to make deposits and withdrawals.