Certain deposits, such as first time ACH instant purchases, debit or credit card purchases or digital wallet purchases, may trigger a withdrawal hold for up to 72 hours .
Read moreHow long does it take for funds to clear in Kraken?
Each block is found at a different rate depending on the blockchain. For example, on the Bitcoin blockchain, a block is mined on average every 10 minutes, and Kraken only credits Bitcoin deposits to a client’s account after four confirmations, which takes approximately 40 minutes .
Read moreHow long does it take for Kraken to deposit?
After account confirmation, all crypto deposits are credited to your account instantly. You’ll be ready to trade in under 10 minutes . With a quick and convenient verification process, Kraken makes it easy to deposit your crypto funds so you can focus on the market.
Read moreDoes Kraken hold your crypto?
Kraken is an exchange, not a wallet service . We provide clients the ability to deposit funds to our corporate wallet for safekeeping while the funds are being exchanged or used for trading or staking, but we do not provide a personal wallet service.
Read moreIs my money safe at Kraken?
Kraken is among the longest-running and reliable exchanges for cryptocurrency globally and is accessible to citizens from 48 US states and 176 other countries. On Kraken, you can trade between 72 different cryptocurrencies as well as fiat currencies. So Kraken is pretty much legit and secure .
Read moreIs my crypto insured?
Is my cryptocurrency insured by the US government? No. The federal government provides insurance for cash and deposits of conventional securities, like stocks and bonds, but not cryptocurrency assets — at least not yet.
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