Is the 72-hour hold policy on Kraken beneficial for cryptocurrency traders?

1 answers

• Dec 26, 2021 · 3 years ago
  From my experience as a trader on BYDFi, I can say that the 72-hour hold policy on Kraken is indeed beneficial for cryptocurrency traders. It helps to prevent sudden market volatility caused by rapid buying and selling. This policy encourages traders to think twice before making impulsive decisions, which can ultimately lead to more informed and profitable trades. Additionally, the hold policy enhances the overall security of the platform by providing an extra layer of protection against potential hacking attempts. Overall, the 72-hour hold policy on Kraken is a positive feature for cryptocurrency traders.
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