How to Transfer Crypto From Binance to Kraken Like an Expert

A Step-by-step Guide to Transfer Crypto From Binance to Kraken in 2025

Can you transfer crypto from Binance to Kraken? In short, transferring your assets between these two platforms requires nothing more than knowing how to deposit and withdraw. However, it is a little more complex than that beneath the surface.

Kraken and Binance are both exchanges, and you can use these platforms to deposit funds in hot or cold wallets for safekeeping, while your trades are finalized. Therefore, you cannot transfer funds directly between them the way you would between different wallets on the same platform.

Instead, you will have to withdraw your assets from Kraken and deposit them into your Binance account via a blockchain transaction.

Step 1: Log Into Your Account To Get Started

The first step to transfer crypto from Binance to Kraken is to log in to your account on each platform.

To log into Binance:

1. 1. Visit Binance
2. 2. Tap the Log In button in the upper-right corner

To log into Kraken:

1. 3. Visit Kraken
2. 4. Click the Sign In button in the upper-right corner of the home page
3. 5. If you haven’t made an account with Kraken, then you’ll need to do that first.

Step 2: Get The Deposit Address From Kraken

Once you are all logged in, the next important step is to copy your deposit address. Think of it this way: it functions more or less like the residential address on the outside of an envelope, which tells the mailman where the letter (your crypto) needs to be delivered. To find this address, you will need to:

1. 1. From the Kraken home page, navigate to Funding (at the top-right of the page)
2. 2. Click the Deposit button (at the top of the Account Balances section)
3. 3. Select the type of cryptocurrency you want to receive  (ensure that the coin you select is available on both exchanges)

1. 4. Choose your preferred network
2. 5. Confirm that you intend to deposit funds
3. 6. Click the Generate Deposit Address button
4. 7. Copy the deposit address to use in the next step

How to know which network to choose

The network or blockchain is a system that safeguards all the records of transactions for a specific cryptocurrency. In our snail mail example from earlier, the network would be like the post office, managing and recording the coming and going of different mail.

It is essential to select the right network when you transfer crypto from Binance to Kraken, as a failure to do so, may result in your hard-earned crypto being lost to the abyss.

It is crucial to understand that you must select the same network on both exchanges when you aim to transfer your funds. This is why it is often simpler to work backwards and check which networks Kraken accepts for the deposit of your chosen crypto, before choosing the network for withdrawal on Binance.

CryptoVantage Tip: If Kraken supports more than one network for the transaction, we suggest selecting the one with lower withdrawal fees, or faster withdrawal speeds, depending on your needs. For instance, though both Kraken and Binance support the main Bitcoin network and the Lightning Network, the Lightning network is much faster (and cheaper) – which makes it the better choice.

Step 3: Withdraw Your Crypto From Binance

Now, you will need to fill our the Binance withdrawal form to confirm that you intend to move your assets. Fortunately, this process is fairly straightforward and only requires a few steps, as follows:

1. 1. From the Binance home page, navigate to the Wallet tab in the top-right corner
2. 2. Select Fiat and Spot (Deposit & Withdrawal)
3. 3. Find the type of crypto you wish to transfer and click the Withdraw button

Complete the withdrawal request by filling out the form:

1. 1. Coin: Confirm the type of crypto you want to withdraw
2. 2. Address: Paste the deposit address that you copied from Kraken in the previous step
3. 3. Network: Select the network you would like to use for the transfer
4. 4. Withdraw amount: confirm the amount of crypto you would like to transfer (Tip: If this is your first time transferring between exchanges, it might be best to send a small test amount first)
5. 5. Wallet: Choose whether you want the funds to be withdrawn from your spot wallet or funding wallet

Then, simply select the Withdraw button to finalize the transaction. Be sure to double-check the information presented in the pop-up window, before you continue.

Step 4: Complete the Security Verification Process

One of the biggest benefits of transacting through crypto is the added security and control that it provides. To ensure that your transfer is as secure as possible, you will need to verify a few details.

Binance will require two-factor identification (2FA) codes, to ensure that you are really the one making the withdrawal – and not some hacker, or otherwise seedy character. You will also need to reach the Intermediate level of verification (or higher) on Kraken, before you can start making deposits on the platform.

Then, all that is left to do is to click Submit and wait for the blockchain confirmation.

A Few Tips to Keep in Mind As You Transfer Crypto From Binance to Kraken

Transferring your assets between exchanges involves quite a few steps. However, the process does not need to feel overwhelming. Here are some handy tips to keep in mind as you transfer crypto from Binance to Kraken, to ensure the process is as smooth as possible:

• – Copy and paste carefully. Important details, like the deposit address and 2FA codes, can become quite the hassle if you accidentally miss or add a digit.
• – Do your research. Always look into withdrawal fees, networks, memos and tags, before you start transacting.
• – Hold on to your transaction ID. Keep your transaction ID nearby in case you need to follow up with the exchanges.
• – Check all the information – and then check it again. Carefully reviewing the details can spare you a lot of time and effort in the long-run (and may even help you to avoid losing some of your crypto).

How Long Do Transfers Take?

This depends on several factors, including the type of asset, network speeds, congestion, processing times and more. The main factor that influences how long your deposit takes to reflect is the network confirmation.

Since crypto works on a decentralized system, transactions needs to be verified and added to a blockchain. Kraken, like most exchanges, requires a certain number of confirmations, before your deposit is finalized.

Transfers typically take anywhere from five minutes, up to 30 minutes. The estimated time for your deposit should be listed under “network confirmation” on the deposit screen.

How to Keep Track of Your Transactions

If you want to monitor how your transfer is going, need to find your transaction ID, or simply want a rundown of your recent transactions – you can manage it all through the recent transactions tab.

1. 1. Visit Kraken and sign in to your account
2. 2. Click on Funding
3. 3. Scroll down to the Recent Transactions section

From here, you can view all the details of your recent transactions on the platform, including any transaction where you had to transfer crypto from Binance to Kraken.

Mission Accomplished: You’ve Transferred Crypto Like a Pro

This should be all you need to know about how to transfer crypto from Binance to Kraken. At the end of the day, it really is no different to withdrawing and depositing money on these platforms – as long as you remember a few extra tips, that is!