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Is it possible to remove my Kraken account without losing my Bitcoin holdings?

avatarKelvin DurantDec 15, 2021 · 3 years ago3 answers

I want to close my Kraken account, but I'm concerned about losing my Bitcoin holdings. Is there a way to remove my Kraken account without losing my Bitcoin?

Is it possible to remove my Kraken account without losing my Bitcoin holdings?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, it is possible to remove your Kraken account without losing your Bitcoin holdings. To do this, you can transfer your Bitcoin to a different wallet or exchange before closing your Kraken account. Make sure to choose a reliable and secure wallet or exchange to ensure the safety of your Bitcoin.
  • avatarDec 15, 2021 · 3 years ago
    Absolutely! You can remove your Kraken account without losing your Bitcoin holdings. Just make sure to transfer your Bitcoin to a different wallet or exchange before closing your Kraken account. This way, you'll have full control over your Bitcoin and won't risk losing it.
  • avatarDec 15, 2021 · 3 years ago
    Yes, it is possible to remove your Kraken account without losing your Bitcoin holdings. One option is to transfer your Bitcoin to a wallet or exchange that you trust, such as BYDFi, before closing your Kraken account. This way, you can securely store and manage your Bitcoin without any worries.