How to Cash Out Monero (XMR) on Kraken: Sell for USD & Withdraw to Your Bank
Description
Need to turn some Monero into dollars? This is a full start-to-finish walkthrough of cashing out XMR on Kraken: opening an account, depositing Monero, selling it on Kraken Pro, and withdrawing USD to your bank by ACH.
🔗 Kraken (affiliate link, no cost to you, supports these videos): https://kraken.pxf.io/c/1197953/741638/10583
🔗 More ways to buy, sell, and spend Monero: https://monerica.com
No hype and no price talk. It’s just the actual steps, including the KYC you’ll run into, so you know what to expect before you send anything.
What’s covered:
Creating a Kraken account and basic verification
Linking a bank account through Plaid
Depositing Monero. Kraken requires 32 confirmations, which takes roughly an hour.
Raising your limits with photo ID and face verification. The starting approval in this video was $4,000/month.
Selling XMR on Kraken Pro with a limit order or a market order
Withdrawing USD via ACH. In this video the funds arrived the next business day.
A note on privacy: Kraken is a centralized, fully KYC’d exchange. Your identity is attached to anything you deposit and sell here. If that matters to you, check the other options on Monerica, including P2P platforms and merchants that accept XMR directly.
XMR availability on Kraken depends on your region, so confirm it’s supported where you live before depositing.
❤️If this helped you, please donate to Monerica (thank you!):
XMR: 8BciMHULmH1Gu6Jrwv1vEJB11f3sNNSGRVU2PKMuaMJ48wndUuNDbaZ94ijH7H3fKQbhkUA5k98ZHUB3cmuoJjwV7WcT3dC
#Monero #XMR #Kraken #CashOut #Crypto
🔗 Kraken (affiliate link, no cost to you, supports these videos): https://kraken.pxf.io/c/1197953/741638/10583
🔗 More ways to buy, sell, and spend Monero: https://monerica.com
No hype and no price talk. It’s just the actual steps, including the KYC you’ll run into, so you know what to expect before you send anything.
What’s covered:
Creating a Kraken account and basic verification
Linking a bank account through Plaid
Depositing Monero. Kraken requires 32 confirmations, which takes roughly an hour.
Raising your limits with photo ID and face verification. The starting approval in this video was $4,000/month.
Selling XMR on Kraken Pro with a limit order or a market order
Withdrawing USD via ACH. In this video the funds arrived the next business day.
A note on privacy: Kraken is a centralized, fully KYC’d exchange. Your identity is attached to anything you deposit and sell here. If that matters to you, check the other options on Monerica, including P2P platforms and merchants that accept XMR directly.
XMR availability on Kraken depends on your region, so confirm it’s supported where you live before depositing.
❤️If this helped you, please donate to Monerica (thank you!):
XMR: 8BciMHULmH1Gu6Jrwv1vEJB11f3sNNSGRVU2PKMuaMJ48wndUuNDbaZ94ijH7H3fKQbhkUA5k98ZHUB3cmuoJjwV7WcT3dC
#Monero #XMR #Kraken #CashOut #Crypto
Comments (0)
No comments yet. Be the first.