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Why Is My Kraken Withdrawal on Hold?

Why Is My Kraken withdrawal on hold?

If you’re trying to withdraw crypto from Kraken and see a sudden hold on your transaction, don’t panic—you’re not the only one. It can be frustrating, especially if you need quick access to your funds. The good news? There’s almost always a specific reason behind the delay, and in most cases, it’s something you can fix quickly.

Key Takeaways

  • Kraken may place withdrawals on hold for security, verification, or technical reasons.
  • Common triggers include new accounts, password changes, and unusual activity.
  • Most holds resolve within 24–72 hours, but some require user action.
  • You can fix most issues by checking your email, reviewing account settings, and contacting support.

Common Reasons for a Kraken Withdrawal Hold

Kraken takes account security seriously. If your withdrawal is suddenly on hold, it’s usually for a good reason—and often fixable with a few simple steps.

1. New Account or First-Time Withdrawal

New users may face temporary holds as part of standard fraud prevention checks. If it’s your first withdrawal, Kraken might delay it for 24–72 hours to verify authenticity.

2. Recent Password or Security Changes

If you recently:

  • Changed your password
  • Enabled or modified two-factor authentication (2FA)
  • Updated security settings

Kraken will often automatically lock withdrawals for a short period to protect your funds.

3. Incomplete or Unverified Account

Without full identity verification, your account may be restricted. If your withdrawal is stuck, check that you’ve uploaded all required documents and completed KYC steps.

4. Unusual or Suspicious Activity

Logging in from a new device or location, or making large or irregular withdrawals, can trigger Kraken’s automated security filters. In these cases, the hold remains until internal reviews are completed.

5. Technical Delays or Network Congestion

Sometimes it’s not about your account. Blockchain congestion, wallet maintenance, or Kraken’s own technical issues can temporarily delay your transaction.

How Long Will My Kraken Withdrawal Be on Hold?

The duration of a hold depends on the cause:

ReasonEstimated Duration
New account / first withdrawal24–72 hours
Password or 2FA change24–48 hours
Identity verification pendingUntil documents are approved
Suspicious activityVaries (based on internal checks)
Technical or network issueA few hours (typically)

Tip: Kraken usually emails users about the reason and estimated timeframe. Always check your email inbox (and spam folder).

How to Fix a Kraken Withdrawal Hold

If your withdrawal is stuck, here’s what you can do right now:

  1. Check Your Email: Look for a message from Kraken explaining the hold.
  2. Review Security Settings: If you recently changed your password or 2FA, that’s likely the cause.
  3. Verify Your Account: Log in to ensure your profile is fully verified.
  4. Contact Kraken Support: If nothing seems wrong, it’s best to raise a ticket through their support portal.
  5. Still stuck? Reach out to the team at krakenwallets.info for fast, personalized support.

Final Thoughts

A Kraken withdrawal on hold is frustrating—but almost always temporary. These checks are designed to protect your assets, and resolving them is usually straightforward.

Whether it’s verifying your account, reviewing security settings, or contacting support, you’re not alone in this. At Kraken Wallets Info, we’re here to guide you through every step and help you secure your crypto journey.


Want us to adapt this guide for Coinbase, Binance, or another exchange? Just let us know—we’ve got you covered.

FAQs

1: Is it normal for Kraken to hold my withdrawal?

Yes. It’s common for new users, after security updates, or if Kraken’s system flags unusual activity.

2: Can I cancel a withdrawal while it’s on hold?

Possibly. If the transaction hasn’t reached the processing phase, you may cancel it from your Kraken dashboard.

3: What if my withdrawal has been held for more than 72 hours?

First, contact Kraken Wallet Service. If you’re unsure how, feel free to reach out to us for step-by-step assistance.

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