To help keep your account secure after your first cash deposit is made, you won't be able to withdraw cash or cryptocurrencies from your account for 72 hours.
- Will prevent 100% of the value of the first cash deposit and any subsequent deposits during the first 72 hours from being withdrawn.
- Will last for 72 hours after your first-time cash deposit.
- Restricts transfers of all currencies (cash and cryptocurrencies), regardless of the currency of your deposit.
After the 72 hours, future deposits will not trigger this hold. However, deposits from high-risk banks may trigger another withdrawal hold.
Trading is unaffected
You will still be able to trade throughout the period of the withdrawal hold.
To buy and sell cryptocurrency from your Kraken account, click here.
Suppose you deposit $100 USD and use it all to purchase bitcoin. The price of bitcoin rises 20% and you sell and you now have $120 USD. You would be able to withdraw the $20 of profit you've made, however you would not be able to withdraw the original $100 until 72 hours after your first cash deposit.