This article is for clients using the Kraken Pro site (pro.kraken.com)
If you are looking for information on how to withdraw funds on Kraken.com, you can find out how here!
Withdrawal hold
Certain deposits, such as first time ACH purchases, debit or credit card purchases or digital wallet purchases will trigger a temporary (72 hour) withdrawal hold on the account, for security purposes.For enhanced security, debit and credit card purchases using USD may experience the 72 hour lock discussed above on all purchases, not just your first purchase.
Video Guides:
How to withdraw USD on Kraken Pro
How to withdraw EUR on Kraken Pro
How to withdraw GBP on Kraken Pro
How to withdraw CAD on Kraken Pro
How to withdraw AUD on Kraken Pro
Step by step withdrawal instructions
- 1Sign in to your Kraken account and navigate to the Portfolio tab.
- 2Click Withdraw and use the Search bar to find your preferred currency.
- 3Select a Method from the drop-down menu. If you are only shown one option, you can skip this step and continue with step 4; or follow the instructions for withdrawing funds with Etana Custody.
- 4Add a new withdrawal account.- Click on Continue.- Fill in your bank account details (all fields are mandatory) and click on Add withdrawal account.
- Description: can be whatever you like so you can easily remember this bank account. This description must be unique, not used on any other withdrawal method in your Kraken account.
- Name on account: is the bank account holder name, which must match the verified name or entity on this Kraken account.
- Please refer to our frequently asked questions for more information about the different requirements.
- Please refer to our frequently asked questions for more information about the different requirements.
- 5Request a withdrawal.
- 1Repeat steps 1, 2, and 3.
- 2Scroll to the bottom of the page, and select the bank account from the drop-down menu.
- 3Enter the amount you wish to withdraw and click on Review Withdrawal.
- 4Do not use punctuations or currency symbols (use 1000 instead of €1,000).
- 5Check that the details are correct and then Confirm the withdrawal.
- 6To help your withdrawal go smoothly:
- Ensure that you are not withdrawing to a third-party payments processor.
- Check that your bank or financial institution meets the requirements of your selected Funding Provider.
- Only use a bank account under your control, where the name matches the verified name or entity on your Kraken account.
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