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There is a minimum requirement for each withdrawal, along with a fee to cover the transaction costs of moving the cryptocurrency out of your Kraken account. Below is a summary of the Cryptocurrency exchange Kraken said on Monday that due to the significant move in bitcoin and ethereum prices, it has reduced its minimum It quietly lowered its bitcoin withdrawal fee from 0.0005 BTC to 0. BTC at some point in early February, given that 0.0005 BTC is now worth the non-negligible sum of Kraken, a major United States-based cryptocurrency exchange, has responded to the rising Bitcoin transaction fees by adjusting its withdrawal fees. This move ensures that the fees According to the data, Kraken charges 0. BTC, roughly $10, for a Bitcoin withdrawal, with a minimum amount of 0.0005 BTC, roughly $13. Kraken Support on

Kraken Eliminates Bitcoin Withdrawal Fees: What You Need to Know

Big news for Bitcoin users! Kraken, a major United States-based cryptocurrency exchange, has responded to the ever-changing landscape of Bitcoin transactions by eliminating Bitcoin withdrawal fees. This is a significant change from their previous policy where, according to data, Kraken charged fees for Bitcoin withdrawals, previously stating, "There is a minimum requirement for each withdrawal, along with a fee to cover the transaction costs of moving the cryptocurrency out of your Kraken account."

Kraken quietly lowered its bitcoin withdrawal fee from 0.0005 BTC to 0 BTC at some point. Given that 0.0005 BTC is now worth a noticeable sum, this is a welcome change for users transferring Bitcoin from their Kraken accounts. Previously, a withdrawal involved a fee to cover the transaction costs associated with moving cryptocurrency out of your Kraken account.

While the exact timing of the elimination isn\'t explicitly stated, Kraken has confirmed the change. It ensures that users can now withdraw Bitcoin without incurring these additional costs. Kraken Support has been actively responding to inquiries about withdrawal fees.

Key Details:

  • No More Fees: Kraken has eliminated Bitcoin withdrawal fees.
  • Minimum Withdrawal: While fees are gone, there is a minimum withdrawal amount.
  • Why the Change? Cryptocurrency exchange Kraken said on Monday that due to the significant move in bitcoin and ethereum prices, it has reduced its minimum and has now eliminated fees. This move ensures that the fees remain competitive.

Stay tuned for more updates and details on this exciting development from Kraken. Always refer to the Kraken Support pages for the most up-to-date information regarding withdrawals.

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