Thursday, July 16, 2026

Kraken US implementing XMR withdrawal and deposit limits on August 15th


<a target="_blank" href="I'm surprised I haven't seen a post here about this yet. Individual withdrawal limits are set to $1,500 and deposit limits are $3500, starting August 15th.https://x.com/xenumonero/status/2076807666731520248I personally confirmed this with Kraken Support on Twitter as well.How are people feeling about this? I know there will be some who carry on as usual with the mantra that CEXs don't matter, but hypothetically if you carried a large monero balance (6 figures, etc)... you've pretty much lost your liquidity. Monero can be used P2P to a certain extent... but for big purchases like a house? I imagine it's niche.Do you hold out and hope for DEXs like Thorchain or Serai? Do you derisk a bit before Aug 15th? Keep holding Monero without liquidity for awhile and hope for the cyberpunk P2P future? Is there a replacement that's feasible already I'm unaware of?Overall I think it's a big negative to lose Kraken. However, I'm curious how others think about it. It is also a bummer this is happening with the "pro crypto White House" in a country where we are "free." Lastly I hope it is temporary but I doubt Kraken will roll this back...Anyway. Curious about your thoughts. Cheers.(Xpost from rMonero, I just copied the entire post)" title="Kraken US implementing XMR withdrawal and deposit limits on August 15th">full image</a> <strong> - Repost: Kraken US implementing XMR withdrawal and deposit limits on August 15th</strong> (<i>from Reddit.com, Kraken US implementing XMR withdrawal and deposit limits on August 15th</i>) <br><blockquote> I'm surprised I haven't seen a post here about this yet. Individual withdrawal limits are set to $1,500 and deposit limits are $3500, starting August 15th.https://ift.tt/nOJW2rR personally confirmed this with Kraken Support on Twitter as well.How are people feeling about this? I know there will be some who carry on as usual with the mantra that CEXs don't matter, but hypothetically if you carried a large monero balance (6 figures, etc)... you've pretty much lost your liquidity. Monero can be used P2P to a certain extent... but for big purchases like a house? I imagine it's niche.Do you hold out and hope for DEXs like Thorchain or Serai? Do you derisk a bit before Aug 15th? Keep holding Monero without liquidity for awhile and hope for the cyberpunk P2P future? Is there a replacement that's feasible already I'm unaware of?Overall I think it's a big negative to lose Kraken. However, I'm curious how others think about it. It is also a bummer this is happening with the "pro crypto White House" in a country where we are "free." Lastly I hope it is temporary but I doubt Kraken will roll this back...Anyway. Curious about your thoughts. Cheers.(Xpost from rMonero, I just copied the entire post) </blockquote> <hr><h3> <hr><strong>Mining:</strong> <br> <a title="Cryptotab browser" target="_blank" href="https://cryptotabbrowser.com/12/4000343"><u>Bitcoin</u>, Cryptotab browser</a> - <a title="Pi Network, CLOUD PHONEMINING" target="_blank" href="https://minepi.com/cusidore"><u>Pi Network</u> cloud PHONE MINING</a> <br><a title="Fone, CLOUD PHONE MINING" target="_blank" href="https://play.google.com/store/apps/details?id=com.cloud.earning"><u>Fone</u>, cloud PHONE MINING</a> cod. dhvd1dkx - <a title="Mintme, PC PHONE MINING" target="_blank" href="https://www.coinimp.com/invite/86d61388-18f9-4f8b-8561-8962c67e7166">Mintme, PC PHONE MINING</a> <hr><strong>Exchanges:</strong> <br> <a title="Coinbase.com" target="_blank" href="http://coinbase.com/join/occhip_8?src=android-link">Coinbase.com</a> - <a title="Stex.com" target="_blank" href="https://stex.com/?ref=27877494">Stex.com</a> - <a title="Probit.com" target="_blank" href="https://www.probit.com/r/46858290">Probit.com</a> <hr><strong>Donations:</strong> <br> <a title="Done crypto" target="_blank" href="https://commerce.coinbase.com/checkout/140e9bb6-c4ef-4156-92cf-9c87a88fd259">Done crypto</a> </h3><br><br>

Comments System

Disqus Shortname

Disqus Shortname

designcart
Powered by Blogger.