How long does it take to withdraw money from Kraken?

Kraken withdrawal times vary by method and asset: bank wire transfer takes 1-3 business days; cryptocurrency withdrawal times vary from minutes to hours depending on network congestion; credit/debit cards Withdrawals can be credited immediately. Additionally, fiat currency withdrawal times are consistent with bank wire transfers; cryptocurrency withdrawal times vary due to network congestion; and stablecoin withdrawals are generally faster than other cryptocurrencies. Factors such as account verification, withdrawal amount, holidays and maintenance can also affect withdrawal times.

How long does it take to withdraw funds from Kraken?

Kraken The time it takes to withdraw money varies depending on the withdrawal method and asset type.

Withdrawal method:

• Bank wire transfer: Usually takes 1-3 working days.
• Cryptocurrency: Depending on congestion on the blockchain network, it may take anywhere from a few minutes to a few hours.
• Credit/Debit Card: Usually requires immediate payment.

Asset type:

• Fiat currency (e.g. USD, EUR): Usually the same time as a bank wire transfer.
• Cryptocurrencies: Withdrawal times may vary depending on network congestion, for example Bitcoin may take 10-30 minutes.
• Stablecoins (e.g. USDT, USDC): Typically faster than other cryptocurrencies, may take a few minutes.

Other Factors:

• Account Verification: If your account does not pass verification, withdrawals may be delayed.
• Withdrawal Amount: Large withdrawals may take longer to process.
• Holidays: Withdrawal times may be extended on bank holidays or during Kraken maintenance periods.

Tips:

• Please make sure your account has been verified before submitting a withdrawal request.
• Consider network congestion and choose faster assets when withdrawing money.
• For large withdrawals, please contact Kraken support team in advance for guidance.
• Remember, withdrawal times may vary depending on circumstances, and Kraken will work hard to process withdrawal requests when possible.

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