What are the steps to get verified on Kraken and increase my trading limit?

3 answers

• AuhmirzaJul 04, 2023 · 2 years ago
  Sure, getting verified on Kraken is an important step to increase your trading limit. To start, you need to create an account on Kraken and provide your basic personal information. Once your account is set up, you can proceed with the verification process. Kraken offers different verification levels, each with its own requirements and benefits. The higher your verification level, the higher your trading limit. To increase your verification level, you will need to provide additional documents such as proof of identity, proof of address, and in some cases, proof of income. Once your documents are submitted, Kraken will review them and notify you of the outcome. It's important to ensure that all the information you provide is accurate and up to date to avoid any delays in the verification process. Once you are verified, you can enjoy higher trading limits and access to more advanced features on Kraken.
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• Fat MonkeyMay 01, 2023 · 2 years ago
  Getting verified on Kraken is a straightforward process. After creating an account, you will need to complete the verification steps to increase your trading limit. The verification process involves providing your personal information and supporting documents. Kraken offers different verification tiers, including Starter, Intermediate, and Pro. Each tier has its own requirements and benefits. To increase your trading limit, you will need to reach a higher verification tier by submitting the required documents. These documents typically include a government-issued ID, proof of address, and sometimes additional documents like bank statements or proof of income. Once your documents are submitted, Kraken will review them and notify you of the outcome. It's important to ensure that all the documents are clear and legible to avoid any delays in the verification process.
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• Abhinav YadavJun 15, 2021 · 4 years ago
  To get verified on Kraken and increase your trading limit, you need to follow these steps: 1. Create an account on Kraken by providing your email address and setting a strong password. 2. Complete the basic verification process by providing your personal information, such as your full name, date of birth, and address. 3. Choose the verification level that suits your trading needs. Kraken offers different verification levels, each with its own requirements and benefits. 4. Submit the required documents for verification. This typically includes a government-issued ID, proof of address, and sometimes additional documents like bank statements or proof of income. 5. Wait for Kraken to review your documents. The verification process may take some time, so be patient. 6. Once your documents are approved, your verification level will be upgraded, and your trading limit will be increased. Remember to provide accurate and up-to-date information to avoid any delays in the verification process. If you have any questions or need assistance, you can reach out to Kraken's customer support for help.
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