Step 1 - Buy Cryptocurrency on Kraken
Before transferring funds, you must purchase crypto (for example USDC, BTC, or ETH) on Kraken.
Log in to your Kraken account.
Click Buy Crypto or go to Trade → Convert.
Select the cryptocurrency you want to buy (e.g., USDC, BTC, ETH).
Choose the currency you want to pay with (EUR, USD, etc.).
Enter the amount you want to buy.
Review the order details and fees.
Click Buy to complete the purchase.
The crypto will appear in your Kraken portfolio once the order is executed.
Step 2 - Get Your Algosone Deposit Wallet Address
Log in to your Algosone dashboard.
Click Deposit.
Choose your investment plan (1 - Month, Standard or High Yield).
Select Deposit with crypto.
Choose the cryptocurrency you want to deposit (must match the crypto you bought on Kraken).
Copy the wallet address displayed on the screen.
⚠️ This is the address where Kraken will send your funds.
Step 3 - Withdraw Crypto from Kraken to Algosone
Log in to Kraken.
Go to Transfer → Withdraw (or Portfolio → Withdraw).
Select the cryptocurrency you want to send.
Choose the network (must match Algosone’s supported network).
Add a new withdrawal address and paste your Algosone wallet address.
Important: When prompted, make sure to mark the withdrawal as a private wallet instead of an exchange.
Enter the amount to transfer.
Review all details and confirm the withdrawal.
Complete 2-factor authentication if prompted.
Step 4 - Wait for Blockchain Confirmation
After confirming the withdrawal:
Kraken will broadcast the transaction to the blockchain.
You can track it in Kraken → Activity / Transactions.
Once confirmed, the funds will appear in your Algosone account automatically.
⚠️ Important Safety Tips
Match the network
Example: If Algosone gives a USDC ERC-20 address, select Ethereum (ERC-20) on Kraken.
Sending on the wrong network can permanently lose your funds.
2. Check withdrawal limits and holds
Kraken has minimum withdrawal amounts.
New card purchases may have temporary withdrawal holds (e.g., 72 hours).