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How can I increase my limits on Kraken?

avatarLucas MedinaDec 29, 2021 · 3 years ago3 answers

I want to increase my trading limits on Kraken. What steps should I take to do that? Are there any specific requirements or documents I need to provide? How long does the process usually take?

How can I increase my limits on Kraken?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    To increase your trading limits on Kraken, you need to complete the account verification process. This includes providing your personal information, such as your full name, address, and date of birth. You may also need to provide additional documents, such as a government-issued ID or proof of address. Once you have submitted all the required information and documents, Kraken will review your application. The verification process usually takes a few business days. Once your account is verified, your trading limits will be increased.
  • avatarDec 29, 2021 · 3 years ago
    Increasing your limits on Kraken is a straightforward process. You need to log in to your account and navigate to the verification section. Follow the instructions provided and submit the required information and documents. Make sure to double-check all the details before submitting. Kraken's support team will review your application and notify you once your limits have been increased. If you have any questions or need assistance, you can reach out to their customer support.
  • avatarDec 29, 2021 · 3 years ago
    Increasing your trading limits on Kraken can be done by completing the account verification process. This is a standard procedure followed by most reputable exchanges to ensure compliance with regulations and prevent fraud. Kraken takes the security of its platform and users' funds seriously, which is why they have implemented this verification process. Once your account is verified, you will have higher trading limits, allowing you to execute larger trades. If you encounter any issues during the verification process, you can contact Kraken's support team for assistance.