If your application requires manual review processing can take a few days. However before you do your account will need to be verified by uploading your identification.
This process may take up to a few days to be verified.
How long does it take to get verified on kraken. How can i get verified on kraken. After signing up for an account your account has to be verified before you can use funding methods or start trading. The intermediate and pro levels are like opening a bank account and require supporting documents.
You have the option to deposit either fiat currency or cryptocurrency digital assets. The proof you need is different kinds of personal information. Upon being verified you can fund your account.
Kraken takes every measure to prevent fraud and be fully compliant with kyc and aml regulations for trading of digital assets. On kraken the process can take between 1 5 days. The first three levels don t need much proof but the last two need quite a lot.
Laws and regulations require that we verify your account by asking who you are and where you live. Sign in to your kraken account. To finish setting up your kraken account you will need to verify your account by providing photo identification proof of residence.
To get started trading we only ask a few things for the starter verification level. After the signup process you are almost ready to purchase your first bitcoin. You already have a registered kraken account.
For example just to purchase crypto requires a long process. Create a verified account. Click here to find out what you can do with each verification level.
Click on get verified. Kraken has five tiers or levels of verification 0 4. Currently taking longer due to increased demand manual.
Press the purple get verified button of the account type you want to apply for. 1 to 5 days. Each level enables more funding options and higher limits with pro being the highest available.
If we experience a heavy influx of new users however processing times for verification could slow down considerably. Click on your name in the upper right corner of the page. For the intermediate verification you need to provide a valid government issued id card like passport driving license national identity card and a proof of residence document aged less than 3 months this can be a bank statement or utility bill.
There are two levels of verification available now on kraken. Verification means that you need to prove that you are who you say you are. One of the biggest benefits of coinbase is that you can buy instantly once the account is verified.
In the kraken vs coinbase comparison coinbase seems to win this. To buy bitcoin on kraken you have to. This process does not take long and is commonly referred to as kyc which is the acronym for know your customer.