Certain deposits, such as first time ACH purchases, credit or debit card purchases or digital wallet purchases will trigger a temporary (72 hour) withdrawal hold on the account, for security purposes. The below instructions show how to make a withdrawal via the Kraken.com site.
Read moreIs Kraken safe to give ID?
On a known and trusted exchange like Coinbase, Gemini, or Kraken — yes, it is safe . They have to gather identification documents to be in compliance with AML/KYC laws in the US, the same as a bank would verify your identity if you were physically present to open an account.
Read moreIs buying Crypto on Kraken safe?
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 .
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