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Can I cancel a Kraken deposit that is on hold?

OLXTOTONov 06, 2024 · 9 months ago3 answers

I have made a deposit on Kraken, but it is currently on hold. Can I cancel the deposit and get my funds back?

3 answers

  • AstrogrammerMar 21, 2021 · 4 years ago
    Unfortunately, once a deposit is on hold on Kraken, it cannot be canceled. The hold period is usually due to security checks or other verification processes. You will need to wait for the hold to be lifted before you can access your funds.
  • Prog RamFeb 02, 2023 · 2 years ago
    No, you cannot cancel a deposit on Kraken that is on hold. The hold is put in place to ensure the security of your funds and prevent any unauthorized transactions. Once the hold period is over, you will be able to use your funds as usual.
  • RIZWAN KHAN PATHANDec 24, 2023 · 2 years ago
    As an expert in the field, I can confirm that Kraken does not allow the cancellation of deposits that are on hold. This is a security measure to protect your funds and prevent any potential fraud or unauthorized access. You will need to wait for the hold to be released before you can use your funds.

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