How to withdraw cryptocurrencies from your Kraken account
This article is for clients using the Kraken interface (kraken.com). If you are using Kraken Pro (pro.kraken.com) click here.
Certain transactions, such as ACH purchases, Paypal, debit or credit card purchases or digital wallet purchases will trigger a temporary (72 hour) withdrawal hold on the account, for security purposes. Cash deposits via ACH Plaid are held from withdrawal for 7 days. This hold applies to withdrawals in any crypto or fiat currency.
To withdraw cryptocurrencies from your Kraken account, you must first add and confirm the withdrawal address.
To withdraw, follow the steps below:
- 1
Log in to your Kraken account and click the Withdraw button or click transfer, asset or portfolio tab on the left hand side.
- 2
Click the Asset dropdown. If you wish to withdraw a different crypto, than the one shown, select or search the crypto you wish to withdraw from the dropdown.
- 3
Select a Network. Make sure you select the same network you're using to receive your crypto. Withdrawing from the wrong network will result in the loss of your funds.
- 4
Select a previously added withdrawal address. If you do not yet have a withdrawal address for the chosen crypto, click the Add new withdrawal address button to add and confirm a new one.
- 5
Enter the amount you would like to withdraw or click the percentage of your account balance in that specific currency.
- 6
Double check that all of the information is correct and then click Confirm.
- 7
If you are asked for an authenticator app code, then you have 2FA for funding enabled on your account and would need to use the 2FA you set up for funding (this is different from your Sign-in 2FA).
Note: You will not receive an email confirmation for the withdrawal. You can keep track of your withdrawal status by viewing your recent transactions in the activity tab.
You may receive an error message or not be able to withdraw for the following reasons: