Can Kraken take your money?

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.

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Is 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.

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Does ETH address expire?

All addresses that have been generated for your account will remain associated with your account forever . They are safe to re-use to receive future payments, but for the prior stated reasons, we recommend using a unique address for all transactions.

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Should i mine directly to Kraken?

You can send your mining payouts directly to a Kraken deposit address, however there are some things that you should be aware of: Note: Mining payouts for Monero (XMR) should NOT be sent directly to Kraken and may result in the loss of your funds . Instead have them sent to a personal wallet and then to Kraken.

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