How to Transfer Funds From Kraken

In order to deposit funds on Terrace, you must first locate your deposit address on Terrace. See How to Deposit Crypto on Terrace for instructions on how to find your deposit address.

Please double check that you are sending funds on correct network to the correct address. We recommend doing a $10 test before sending the full amount to your Terrace account to ensure everything is correct.

Kraken App

1. Open the Kraken app

2. Click the transfer button at the bottom of the screen

1. Select withdraw

1. Choose the asset you would like to transfer to Terrace

1. If you have not already added a withdrawal address from Terrace, you will be prompted to do so. See How to Deposit Crypto on Terrace for instruction on how to find your withdrawal address within Terrace.

2. Select the Terrace address you would like to send funds to and enter the amount you would like to send

1. Once you confirm the details of your trade, Kraken will let you know that your withdrawal has been initiated

1. You will receive an email from Terrace once your deposit has been confirmed

Kraken Website

1. Login to your Kraken account and navigate to the home page. Select withdraw.

1. Select the asset that you would like to transfer to Terrace

1. Enter in the deposit address you copied from the Terrace website (referred to as your withdrawal address on Kraken).

1. Kraken will send an email to confirm your withdrawal address if you haven't already.

1. Enter in the amount you would like to transfer and select a blockchain (referred to as network on the Kraken site). This should be the same chain you selected on the Terrace website when selecting your deposit address.

1. Review and confirm the transfer details.

1. You will receive an email from Terrace confirming that the transfer was successful.