In this paper a theoretical study of stripping processes at planar electrodes under conditions of square‐wave voltammetry is presented. A mechanistic examination for cathodic stripping electrode mechanisms, a simple anodic striping mechanism, and anodic stripping mechanisms coupled with adsorption equilibrium of the analyte are discussed using varying square‐wave amplitudes. The methodologies described here use two typical features: the peak potential separation of square‐wave components and the amplitude‐based quasireversible maximum. Both methods can be applied at a constant frequency, i. e., constant scan rate. The received data are combined with the critical parameters of electrode reaction kinetics. Thus, the established methodologies allow for a simple kinetic characterization. The received diagnostic criteria are verified with experiments at a glassy carbon electrode for lead ions.