How long does it take to withdraw money from Kraken platform?

Withdrawal times on the Kraken platform vary depending on the withdrawal method: Bank wire withdrawal: 2-5 business days Stablecoin (USDC, USDT) withdrawal: 30 minutes to 2 hours Cryptocurrency withdrawal: ranging from a few minutes to a few hours

How long does it take to withdraw money from the Kraken platform?

Kraken is a leading cryptocurrency trading platform and its withdrawal times vary depending on the withdrawal method chosen.

Bank wire transfer

• Withdrawal time: 2-5 working days

Stablecoins (USDC, USDT )

• Withdrawal time: usually within 30 minutes to 2 hours

Cryptocurrency

• Withdrawal time: Depends on the congestion of the blockchain network, usually within a few minutes to a few hours

Factors affecting withdrawal time

In addition to withdrawals In addition to the method, the following factors will also affect the withdrawal time:

• Transaction volume: When the network is congested, the withdrawal time will be longer.
• Verification: Kraken requires verification of account holder identity, which may increase withdrawal delays.
• Source of funds: Funds recharged from third-party platforms require a period of safety before they can be withdrawn.

How to speed up withdrawals

• Choose a faster withdrawal method, such as stablecoins or cryptocurrencies.
• Avoid withdrawing funds during peak hours of network congestion.
• Make sure the account has been verified.
• Contact Kraken support team for assistance.

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