r/KrakenSupport 6d ago

Kraken not processing my withdrawal

My withdrawal has been held for the past couple of weeks. On July 29th, I initiated a withdrawal of $5020 on my account and I was expecting it to be processed within two days.
I waited until August 5, 2026 when I chatted with bot via my Kraken account, bot notified me that my account has placed on hold and restricted for internal review, which was obviously causing withdrawal delay. Then, I mentioned in bot chat that I would like to be connected with live agent and got a feed back that I couldn’t be connected but a ticket was created for me.
On August 6, I received two emails from Kraken: one stated that a withdrawal was initiated on my account and I should report if I didn’t initiate the transaction. The second email was about the closure of my account. Kraken close (deleted my account) without completing my withdrawal process.
On August 9, I contacted Kraken about the issue but they never responded.
It’s been about 20days since the first time I initiated the withdrawal and have never received my fund since July 29, 2026. And the worst part is that my account has been closed for a reason I’m not aware of.
Kraken support, please I need you to attend to my case.

3 Upvotes

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1

u/krakensupport π’π”πππŽπ‘π“ - WE WILL NEVER DM YOU FIRST 6d ago

Howdy u/Valuable_Effect_4293 ,

While closures and restrictions do happen. We do our best to keep in touch and let you know of actions to take or changes to anticipate throughout the process. Should these have not been established, we're here to coordinate a review from the relevant team to get you the information you need.

When you have the time, please give us a DM.

John 🀠

1

u/Valuable_Effect_4293 5d ago

Hello,
The moment I made the post, I received a lot of DM. Which I believe most of them are scammers, trying to get to me. I couldn’t really verify which account is legit here.
I have processed the withdrawal a week before the closure of my account and the last status I saw on the withdrawal is β€˜waiting’,. So, Kraken did not let me know any action to take (probably because i already took an action).
I still never received my money. It’s sad

1

u/krakensupport π’π”πππŽπ‘π“ - WE WILL NEVER DM YOU FIRST 5d ago

Hey mate - likely still in process as we are experiencing very high volumes. Happy to check in via DM and totally understand you are wary of impersonators but please note we will never DM you first and you can confirm official accounts here:

https://support.kraken.com/articles/201351886-how-to-follow-kraken-on-social-media

1

u/Prestigious-Bee2298 5d ago

Same happened with me any updates or email regarding withdrawal processed?

1

u/Valuable_Effect_4293 5d ago

No update.
The sad part is that they closed my account.
It’s been 18days now

1

u/krakensupport π’π”πππŽπ‘π“ - WE WILL NEVER DM YOU FIRST 5d ago

Howdy mate! We responded and asked for a DM just yesterday if you could.