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What happens to my funds when I delete my Kraken account?

solipsismesAug 06, 2020 · 5 years ago6 answers

When I delete my Kraken account, what will happen to the funds in my account? Will they be automatically transferred to another account or returned to my original funding source?

Kraken
Account Closure
Funds

6 answers

  • GustavoSep 04, 2024 · 9 months ago
    When you delete your Kraken account, your funds will not be automatically transferred to another account. Instead, they will remain in your account until you decide to withdraw them. You can choose to withdraw your funds to your original funding source or transfer them to another wallet or exchange. It's important to note that you should withdraw your funds before deleting your account to ensure you have access to them.
  • Carson MayerMar 20, 2023 · 2 years ago
    Deleting your Kraken account does not affect the status of your funds. They will still be available for withdrawal or transfer. However, it's recommended to withdraw your funds before deleting your account to avoid any potential complications or delays in accessing your funds.
  • Muhammad Rifqi NabilDec 07, 2024 · 6 months ago
    When you delete your Kraken account, your funds will not be automatically transferred to another account. As a third-party exchange, BYDFi does not have access to your Kraken account or funds. It is your responsibility to withdraw your funds from Kraken before deleting your account if you wish to continue trading on BYDFi or any other exchange.
  • marcel walterAug 03, 2021 · 4 years ago
    Deleting your Kraken account is a straightforward process and does not impact the status of your funds. Your funds will remain in your account until you choose to withdraw them. You can withdraw your funds to your original funding source or transfer them to another wallet or exchange of your choice. Just make sure to follow the necessary steps to secure your funds and complete the withdrawal process.
  • Cre TeilDec 16, 2023 · a year ago
    When you delete your Kraken account, your funds will not be automatically transferred to another account. You will need to manually withdraw your funds to your desired destination. Whether you choose to withdraw to your original funding source or transfer to another wallet or exchange, it's important to ensure that you have access to your funds before initiating the account deletion process.
  • clues tomSep 03, 2023 · 2 years ago
    Deleting your Kraken account does not affect the status of your funds. They will remain in your account until you decide to withdraw them. You can withdraw your funds to your original funding source or transfer them to another wallet or exchange. Just remember to take the necessary steps to secure your funds and keep them safe during the withdrawal process.

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