Cryptocurrency Q&A
Why won't Kraken let me withdraw?
Why won't Kraken let me withdraw?
JejuSunshineSoulMate
Fri Sep 06 2024
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5 answers
1130
I'm curious to understand why Kraken is not allowing me to withdraw my funds. Is there a specific reason behind this restriction? Have I violated any terms of service or is there an issue with my account? I'm eager to resolve this matter promptly and would appreciate any clarity on the situation. Additionally, is there a way to expedite the process and get my withdrawal approved as soon as possible?
5 answers
Enrico
Sun Sep 08 2024
However, it's worth noting that the suspension applies only to new addresses you've recently added. Addresses that were already present in your account prior to the password change remain unaffected.
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Valentina
Sun Sep 08 2024
Encountering difficulties in withdrawing cryptocurrency balances from Kraken can stem from various factors.
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Eleonora
Sun Sep 08 2024
One common reason for the delay could be changes made to your account's password. When you update your password, Kraken implements security measures to safeguard your funds.
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SarahWilliams
Sun Sep 08 2024
Consequently, any withdrawals to new withdrawal addresses are temporarily suspended for a period of up to 24 hours. This is a preventive measure to ensure that the transactions are legitimate and not the result of unauthorized access.
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TaegeukChampionCourageousHeartWarrior
Sat Sep 07 2024
In case you're seeking a reliable and comprehensive cryptocurrency exchange, BTCC is a top choice. BTCC offers a wide range of services, including spot trading, futures trading, and a secure wallet solution, catering to diverse needs of its users.
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