can i withdraw from kraken without kyc

Unverified Kraken users can withdraw cryptocurrency up to $2,000 per day without providing their personal information.

Oct 28, 2024 at 08:18 pm

Can I Withdraw from Kraken Without KYC?

Yes, you can withdraw from Kraken without KYC up to a certain limit. This is because Kraken offers a "tiered" KYC system, where users can access different levels of services depending on their verification status.

Levels of KYC and Withdrawal Limits

KYC Level	Withdrawal Limit
Tier 0 (Unverified)	2,000 USD per day
Tier 1 (Basic)	1,000,000 USD per day (requires email and phone verification)
Tier 2 (Intermediate)	5,000,000 USD per day (requires photo ID)
Tier 3 (Professional)	10,000,000 USD per day (requires in-person verification)

Steps to Withdraw from Kraken Without KYC

Important Note: The following steps only apply to Tier 0 (Unverified) users.

1. Log in to your Kraken account.
2. Navigate to the "Withdrawal" page.
3. Select the cryptocurrency you wish to withdraw.
4. Enter the amount you want to withdraw (up to 2,000 USD per day).
5. Provide the wallet address to receive the funds.
6. Confirm the withdrawal.

Limitations

• Limited Withdrawal Limit: The maximum amount you can withdraw without KYC is 2,000 USD per day, which may not be sufficient for large withdrawals.
• Restricted Fiat Withdrawals: Fiat withdrawals (e.g., USD, EUR) are not available without KYC.
• Verification Required for Larger Withdrawals: If you need to withdraw more than 2,000 USD per day, you will need to complete KYC verification to increase your withdrawal limit.

Conclusion

While it is possible to withdraw small amounts from Kraken without KYC, it is important to be aware of the limitations and restrictions that apply. If you need to make larger withdrawals or withdraw fiat currencies, you will need to complete KYC verification.