How long does it take to process a withdrawal on Kraken?
The processing time for withdrawals on Kraken varies depending on different factors. Typically, cryptocurrency withdrawals are processed in a matter of minutes, but it may take longer during periods of high network congestion. Fiat currency withdrawals, on the other hand, require additional steps and may involve manual processing. Euro withdrawals are usually processed within 1-2 business days, while USD withdrawals can take up to 5 business days due to banking processes. International wire transfers may take longer, typically within 1-5 business days. The time it takes for a withdrawal to be processed also depends on factors such as account verification status, withdrawal method, and security measures. It is always recommended to check the Kraken's support or withdrawal page for the latest updates and estimated processing times.
Answered May 3, 2024
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