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Author Topic: Is KRAKEN ever going to get International USD withdrawal again?  (Read 195 times)
sampam (OP)
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December 02, 2018, 09:12:11 AM
 #1

They have been around for a several years and yet 9 months later still do not have international USD swift/wire withdrawal for non-us residents. Meanwhile in less time Bitfinex have added a few providers, Bittrex has come on line with their USD/Fiat offering and Binance is working on theirs.

What the hell is Kraken and their 'banking relationship team' doing apart from sitting around? Are they even trying and visiting banks in other countries or just sipping coffee and patting each other on the back. 

Does not take this long to get this fixed especially on kraken's scale...
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December 02, 2018, 12:23:26 PM
 #2

https://support.kraken.com/hc/en-us/articles/360001461846-Introducing-High-Limit-USD-Funding-

USD for dirty foreigners is there but limits are awful high. Since in the past they've used third party processors for it, and crappy ones at that, I doubt it's going to improve.

Their EUR has always been rock solid. If I were them I'd stick to that.
sampam (OP)
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December 02, 2018, 01:19:34 PM
 #3

https://support.kraken.com/hc/en-us/articles/360001461846-Introducing-High-Limit-USD-Funding-

USD for dirty foreigners is there but limits are awful high. Since in the past they've used third party processors for it, and crappy ones at that, I doubt it's going to improve.

Their EUR has always been rock solid. If I were them I'd stick to that.


When did this get introduced?

Wow 50k minimum? So normal people get to suck it whilst those with loads dont?
gentlemand
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December 02, 2018, 01:31:22 PM
 #4

When did this get introduced?

Wow 50k minimum? So normal people get to suck it whilst those with loads dont?

Not sure. Perhaps when they had problems with their previous USD processor which must've been about a year or so ago now.

There've always been better USD options than Kraken. It would never occur to me to use them for that even if limits were more realistic.

Do you have USD stuck in there?
sampam (OP)
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December 02, 2018, 01:43:59 PM
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When did this get introduced?

Wow 50k minimum? So normal people get to suck it whilst those with loads dont?

Not sure. Perhaps when they had problems with their previous USD processor which must've been about a year or so ago now.

There've always been better USD options than Kraken. It would never occur to me to use them for that even if limits were more realistic.

Do you have USD stuck in there?

They've had it this long? They've never mentioned it in support tickets or chat wth!

Yeah and been waiting for them to get international USD funding so can withdraw bit by bit as and when I need to.
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December 02, 2018, 01:58:43 PM
 #6

They've had it this long? They've never mentioned it in support tickets or chat wth!

Yeah and been waiting for them to get international USD funding so can withdraw bit by bit as and when I need to.

I pulled that out of my arse, but I seem to remember that's around when Kraken became particularly useless for USD.

If I were you I'd forget about it, buy some crypto and find somewhere else to turn it into USD.
sampam (OP)
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December 02, 2018, 02:29:52 PM
 #7

find somewhere else to turn it into USD.

Such as?

Don't want somewhere that suddenly seizes your money, suspends you or is horribly long to get verified or might ask for more verification once a transfer is done like BitStamp.
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December 02, 2018, 02:43:53 PM
 #8

Such as?

Don't want somewhere that suddenly seizes your money, suspends you or is horribly long to get verified or might ask for more verification once a transfer is done like BitStamp.

What country are you in?

Yeah, fuck Bitstamp. I'd never put a bean into there.

My first choice would be Gemini but they only deal with a limited number of countries.

https://gemini.com/areas-of-operation/
sampam (OP)
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December 03, 2018, 12:05:19 PM
 #9

Such as?

Don't want somewhere that suddenly seizes your money, suspends you or is horribly long to get verified or might ask for more verification once a transfer is done like BitStamp.

What country are you in?

Yeah, fuck Bitstamp. I'd never put a bean into there.

My first choice would be Gemini but they only deal with a limited number of countries.

https://gemini.com/areas-of-operation/


Wow gemini has been expanding too! Meanwhile, Kraken is just sitting on its ass.....

Sadly, they dont operate here.

Did you get stung by bitstamp too? Hows gemini been? Any others you'd recommend? Got BF but haven't used their wire service as I keep reading about delays or missing wires or something?
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December 03, 2018, 12:14:33 PM
 #10

Wow gemini has been expanding too! Meanwhile, Kraken is just sitting on its ass.....

Sadly, they dont operate here.

Did you get stung by bitstamp too? Hows gemini been? Any others you'd recommend? Got BF but haven't used their wire service as I keep reading about delays or missing wires or something?

I haven't been stung by Bitstamp. I read enough tales of people being told to send photos of their cock, balls and anus before having their money released to not wish to deal with them any more. Anywhere that decides you're not verified any more after being verified can suck my chop sock.

I definitely wouldn't do Bitfinex either for fiat. It's fine for crypto but the banking side seems far too hit and miss for my liking. There aren't too many other options I can think of.

If I had USD and I was not in the USA I'd turn it into something else. What do you want to end up with? Do you want to stay in USD?

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December 04, 2018, 08:34:59 PM
 #11

Isn't it possible to use the USD on Coinbase Pro? https://pro.coinbase.com/
Buy UsDT and transfer out to Coinbase. And then from Coinbase to a bank account in $. Kraken is mainly for European citizens or someone with a SEPA account. And I doubt it will get the USD option any time soon. BitStamp may be an option to look at too.

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sampam (OP)
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December 08, 2018, 07:36:55 AM
 #12

What do you want to end up with? Do you want to stay in USD?



Ultimately when back into fiat yep.
sampam (OP)
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December 08, 2018, 07:40:22 AM
 #13

Isn't it possible to use the USD on Coinbase Pro? https://pro.coinbase.com/
Buy UsDT and transfer out to Coinbase. And then from Coinbase to a bank account in $. Kraken is mainly for European citizens or someone with a SEPA account. And I doubt it will get the USD option any time soon. BitStamp may be an option to look at too.

Coinbase doesn't allow fiat withdrawal where I'm concerned.

Kraken allows USD for high spend/withdraw 50k min tier 4 OR domestic US person.

Bitstamp further stupid verification and proofs once you try to withdraw is scary since it might be near impossible with crypto to prove everything they want. You already verified to have account and then withdrawing to yourself so why go through them questioning you about your money and then trying to prove show tracking its yours with crypto investments, trades, numerous exchanges, untraceable coins and so on.
sampam (OP)
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December 11, 2018, 03:59:57 PM
 #14

High limit USD funding via Kraken is only available to US individuals and corporations or vetted international corporations. Not international individuals.
sampam (OP)
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February 25, 2019, 03:43:58 PM
 #15

Going into a year now and EVERY exchange has expanded their offerings and allow for International USD including bitstamp, gemini, coinbase, bitfinex, bittrex, binance and just recently CEX.

What the hell is Kraken doing for almost a year that it is unable to do the same? (offers it for US residents or tier 4 50k US person/business or International business)
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