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Is there any withdrawal limit on kraken?

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2024-04-25 15:46:36569browse

Kraken has the following restrictions on user withdrawals: minimum withdrawal amount, review process for large withdrawals, daily withdrawal limits (varies according to verification level), withdrawal fees, withdrawal address verification, Coin withdrawals are suspended during the security inspection and maintenance period.

Is there any withdrawal limit on kraken?

Kraken withdrawal restrictions

Kraken is a well-known cryptocurrency exchange that imposes restrictions on user withdrawals. There are the following restrictions:

Minimum withdrawal amount

  • Bitcoin (BTC): 0.0005 BTC
  • Ethereum (ETH): 0.01 ETH
  • Other cryptocurrencies: Please see Kraken’s withdrawal page for specific amounts

Maximum withdrawal amount

  • Kraken There is no fixed upper limit on the withdrawal amount. However, large withdrawals may trigger additional review procedures.

Daily withdrawal limits

  • For accounts with lower identity verification levels, the daily withdrawal limits are as follows:

    • Bitcoin (BTC): 4 BTC
    • Ethereum (ETH): 20 ETH
  • For accounts with higher authentication levels, The withdrawal limit will be higher. To find out your specific limits, visit Kraken’s Account Overview page.

Fees

  • Kraken charges a small fee for withdrawing coins. Fees vary by cryptocurrency and can be found on Kraken’s fees page.

Other restrictions

  • Withdrawal address verification: Before withdrawing coins, Kraken requires you to verify your withdrawal address.
  • Security Measures: To protect user funds, Kraken may conduct additional security checks before withdrawing coins.
  • Maintenance: During maintenance, currency withdrawals may be suspended.

Please note that these limits are subject to change. We recommend that you visit Kraken’s official website for the latest information before withdrawing your coins.

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