Cryptocurrency Q&A
Why can't I withdraw my cryptocurrency balance from Kraken?
Why can't I withdraw my cryptocurrency balance from Kraken?
HanjiArtistryCraftsmanshipMasterpiece
Mon Jul 08 2024
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8 answers
1952
I'm facing a perplexing issue with my cryptocurrency holdings on Kraken. Despite my best efforts, I've been unable to withdraw my balance from the platform. Could you possibly enlighten me on some potential reasons behind this? I've double-checked my account settings, verified my identity, and ensured there are no pending transactions that could be causing a delay. Yet, my withdrawal requests remain unfulfilled. Is there a specific withdrawal limit I'm unaware of? Or could it be a technical glitch within the system? Your insight into this matter would be greatly appreciated as I seek to regain access to my funds.
8 answers
Filippo
Wed Jul 10 2024
The inability to withdraw cryptocurrency balances from Kraken can stem from various reasons.
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Daniela
Wed Jul 10 2024
One such reason could be the recent changes made to your password.
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Alessandra
Wed Jul 10 2024
When you update your password, Kraken implements security measures to safeguard your funds.
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SsamziegangSerenade
Wed Jul 10 2024
These measures involve temporarily holding any withdrawals made to newly added addresses.
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Valentino
Tue Jul 09 2024
The holding period for such withdrawals is typically up to 24 hours.
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