**anyone know why kraken wires get "failure"?

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  • milwaukee mike
    BARRELED IN @ SBR!
    • 08-22-07
    • 27271

    #1
    **anyone know why kraken wires get "failure"?
    tried wiring to 4 separate accounts over the past week, at multiple banks

    name matched on all of them

    sometimes it would be "pending" for a while, other times right away to failure

    emails to support have so far gone unanswered
  • milwaukee mike
    BARRELED IN @ SBR!
    • 08-22-07
    • 27271

    #2
    finding easy ways to cash out bitcoin is about as difficult as w.u/**

    first circle stops doing it
    then coinbase randomly locks me out of my account
    now kraken won't let me withdraw funds (no options other than bank wires which won't work)

    at the very least these places should have phone contact numbers, or options for international checks/money orders/etc... even if i had to pay $100 to get a check
    Comment
    • Cuse0323
      BARRELED IN @ SBR!
      • 12-09-09
      • 30169

      #3
      Shit is a pain in the ass. I gave up trying. None of these places respond.
      Comment
      • Sam Odom
        SBR Aristocracy
        • 10-30-05
        • 58063

        #4
        Originally posted by milwaukee mike

        emails to support have so far gone unanswered

        That is really shitty
        Comment
        • DroopyDog
          SBR MVP
          • 11-03-16
          • 1255

          #5
          Originally posted by milwaukee mike
          finding easy ways to cash out bitcoin is about as difficult as w.u/**

          first circle stops doing it
          then coinbase randomly locks me out of my account
          now kraken won't let me withdraw funds (no options other than bank wires which won't work)

          at the very least these places should have phone contact numbers, or options for international checks/money orders/etc... even if i had to pay $100 to get a check
          Have you looked into the BitPay **** card?
          Comment
          • milwaukee mike
            BARRELED IN @ SBR!
            • 08-22-07
            • 27271

            #6
            Originally posted by Sam Odom
            That is really shitty
            same with coinbase

            emailed them multiple times over a month ago, got no responses

            how hard is it to just hire some customer service people? laziest people in the world that process 5 checks/day, and they would still be way ahead with the fees they could charge
            Comment
            • SharpAngles
              SBR Hall of Famer
              • 04-15-14
              • 9467

              #7
              Find a local BTC ATM and get cash money. Very easy process. If your w/d is above the machines limit call the phone number on the side and you should be able to schedule a time that they will have enough in there and some of the better operators will even negotiate a lower fee.
              Comment
              • milwaukee mike
                BARRELED IN @ SBR!
                • 08-22-07
                • 27271

                #8
                Originally posted by SharpAngles
                Find a local BTC ATM and get cash money. Very easy process. If your w/d is above the machines limit call the phone number on the side and you should be able to schedule a time that they will have enough in there and some of the better operators will even negotiate a lower fee.
                i only see one in the milwaukee area that i can sell at

                are the fees terrible? sounds easy unless i have to wait 2 hours for confirmations
                Comment
                • SharpAngles
                  SBR Hall of Famer
                  • 04-15-14
                  • 9467

                  #9
                  Using this site https://coinatmradar.com/bitcoin-atm-near-me/ I see 0 machines in your state. Sorry mike that sucks.

                  I live in an area with hundreds so the fees are very competitive but if you found one in your area they will probably be crazy high
                  Comment
                  • funnyb25
                    BARRELED IN @ SBR!
                    • 07-09-09
                    • 39663

                    #10
                    Bitcoin terrible...just use CC and pay the foreign transaction fee. If you are not broke it won;t matter
                    Comment
                    • milwaukee mike
                      BARRELED IN @ SBR!
                      • 08-22-07
                      • 27271

                      #11
                      Originally posted by funnyb25
                      Bitcoin terrible...just use CC and pay the foreign transaction fee. If you are not broke it won;t matter
                      can't cash out to cc
                      Comment
                      • jjgold
                        SBR Aristocracy
                        • 07-20-05
                        • 388208

                        #12
                        Kracken is one of worst exchanges in the world

                        stay away
                        Comment
                        • 5mike5
                          SBR Aristocracy
                          • 09-21-11
                          • 52141

                          #13
                          Originally posted by DroopyDog
                          Have you looked into the BitPay **** card?
                          bingo
                          Comment
                          • mrpapageorgio
                            SBR MVP
                            • 09-07-17
                            • 2974

                            #14
                            Have you tried CEX.io or are they not accepting customers in WI?
                            Comment
                            • milwaukee mike
                              BARRELED IN @ SBR!
                              • 08-22-07
                              • 27271

                              #15
                              Originally posted by mrpapageorgio
                              Have you tried CEX.io or are they not accepting customers in WI?
                              looks very similar to coinbase and kraken in that they only allow wire transfers out, and don't have a phone number to call?

                              tired of getting registered at all these sites, sending them tons of info, only to have my balance sit there unable to get it out
                              Comment
                              • PAULYPOKER
                                BARRELED IN @ SBR!
                                • 12-06-08
                                • 36581

                                #16
                                Originally posted by DroopyDog

                                Have you looked into the BitPay **** card?
                                MillMike?
                                Comment
                                • milwaukee mike
                                  BARRELED IN @ SBR!
                                  • 08-22-07
                                  • 27271

                                  #17
                                  i will look into that bitpay card

                                  what are the fees like... usual transaction would be cashing out 3k, total coinbase fee on that (receiving/selling btc/transferring usd to bank) is around 60 if value of btc stays the same through confirmations
                                  Comment
                                  • mrpapageorgio
                                    SBR MVP
                                    • 09-07-17
                                    • 2974

                                    #18
                                    Originally posted by milwaukee mike
                                    looks very similar to coinbase and kraken in that they only allow wire transfers out, and don't have a phone number to call?

                                    tired of getting registered at all these sites, sending them tons of info, only to have my balance sit there unable to get it out
                                    From my understanding, you can withdraw to a viza/master https://cex.io/fee-schedule#/tab/payments

                                    I can't use them because they don't operate in my state, but just throwing it out there for ya.
                                    Comment
                                    • milwaukee mike
                                      BARRELED IN @ SBR!
                                      • 08-22-07
                                      • 27271

                                      #19
                                      Originally posted by mrpapageorgio
                                      From my understanding, you can withdraw to a viza/master https://cex.io/fee-schedule#/tab/payments

                                      I can't use them because they don't operate in my state, but just throwing it out there for ya.
                                      i looked around on the website for 10 minutes and couldn't even figure out if i can use it in wisconsin... not a good sign

                                      would like to use gemini but they aren't in wisconsin yet
                                      Comment
                                      • mrpapageorgio
                                        SBR MVP
                                        • 09-07-17
                                        • 2974

                                        #20
                                        Originally posted by milwaukee mike
                                        i looked around on the website for 10 minutes and couldn't even figure out if i can use it in wisconsin... not a good sign

                                        would like to use gemini but they aren't in wisconsin yet
                                        I couldn't find out if they took my state until I tried verification and got the warning after I entered my address.
                                        Comment
                                        • bookie bob
                                          SBR Rookie
                                          • 10-04-17
                                          • 30

                                          #21
                                          Originally posted by milwaukee mike
                                          finding easy ways to cash out bitcoin is about as difficult as w.u/**
                                          localbitcoins

                                          Comment
                                          • Optional
                                            Administrator
                                            • 06-10-10
                                            • 62211

                                            #22
                                            Originally posted by milwaukee mike
                                            finding easy ways to cash out bitcoin is about as difficult as w.u/**

                                            first circle stops doing it
                                            then coinbase randomly locks me out of my account
                                            now kraken won't let me withdraw funds (no options other than bank wires which won't work)

                                            at the very least these places should have phone contact numbers, or options for international checks/money orders/etc... even if i had to pay $100 to get a check
                                            Circle just stopped selling Bitcoin.

                                            You can still cashout through them if you can locate an old address you have used to deposit there before with.

                                            Do a test with a small amount to make sure nothing has changed (but pretty sure it wont have)


                                            Dont bother asking CS to confirm. Most of them dont know about this from reports. Just test it and see if the funds end up there ready to withdraw.
                                            .
                                            Comment
                                            • Optional
                                              Administrator
                                              • 06-10-10
                                              • 62211

                                              #23
                                              BitPay card sounds good for you, but they are delayed being issued right now as well.
                                              .
                                              Comment
                                              • Optional
                                                Administrator
                                                • 06-10-10
                                                • 62211

                                                #24
                                                And at a guess, if all wire attempts fail at kraken right now, then they have a connectivity issue I'd say.

                                                Try later.
                                                .
                                                Comment
                                                • Sam Odom
                                                  SBR Aristocracy
                                                  • 10-30-05
                                                  • 58063

                                                  #25
                                                  Originally posted by milwaukee mike

                                                  tried wiring to 4 separate accounts over the past week, at multiple banks

                                                  name matched on all of them

                                                  sometimes it would be "pending" for a while, other times right away to failure

                                                  ah ha

                                                  this just may be it... Kraken does not receive or send via ACH (almost 100% sure) like Gemini/coinbase do

                                                  believe that is what you are trying to do ??
                                                  Comment
                                                  • milwaukee mike
                                                    BARRELED IN @ SBR!
                                                    • 08-22-07
                                                    • 27271

                                                    #26
                                                    Originally posted by Sam Odom
                                                    ah ha

                                                    this just may be it... Kraken does not receive or send via ACH (almost 100% sure) like Gemini/coinbase do

                                                    believe that is what you are trying to do ??
                                                    i'm trying to send it out as a wire transfer... the routing/account number is the same whether it's going as ACH or wire

                                                    and optional, this has been going on for a week
                                                    Comment
                                                    • jjgold
                                                      SBR Aristocracy
                                                      • 07-20-05
                                                      • 388208

                                                      #27
                                                      The massive problem with all these bitcoin exchanges and wallets there’s no customer service and takes way too long to respond

                                                      I’m still trying to figure it all out why they’re so discrete and you can’t get in contact with them
                                                      Comment
                                                      • Sam Odom
                                                        SBR Aristocracy
                                                        • 10-30-05
                                                        • 58063

                                                        #28
                                                        Originally posted by milwaukee mike
                                                        i'm trying to send it out as a wire transfer... the routing/account number is the same whether it's going as ACH or wire

                                                        and optional, this has been going on for a week

                                                        yeah

                                                        just call the local bank and ask if there is a difference

                                                        good luck
                                                        Comment
                                                        • Sam Odom
                                                          SBR Aristocracy
                                                          • 10-30-05
                                                          • 58063

                                                          #29
                                                          *** Update ***
                                                          Comment
                                                          • milwaukee mike
                                                            BARRELED IN @ SBR!
                                                            • 08-22-07
                                                            • 27271

                                                            #30
                                                            my update is that i give up on butt kraken

                                                            getting m.o/checks/paying fees on coinbase for now

                                                            stupid because moving cash to coinbase (buy btc/transfer/sell) costs about $60 for every 3000 but at least i'll get my money
                                                            Comment
                                                            • jjgold
                                                              SBR Aristocracy
                                                              • 07-20-05
                                                              • 388208

                                                              #31
                                                              Mike good move kracken might be the worst exchange in the world
                                                              Comment
                                                              • BuckyOne
                                                                SBR MVP
                                                                • 01-02-15
                                                                • 2739

                                                                #32
                                                                Originally posted by DroopyDog
                                                                Have you looked into the BitPay **** card?
                                                                Yes, agree Droopy! It is smaller chunks but it gets done fast. I would throw the money in the garbage before I would try a wire. Getting to be bitcoin in and it has to be bitcoin - we are stuck getting small money out and I think that is exactly what the books want.
                                                                Comment
                                                                • milwaukee mike
                                                                  BARRELED IN @ SBR!
                                                                  • 08-22-07
                                                                  • 27271

                                                                  #33
                                                                  and the situation gets weirder

                                                                  i finally got an email... even though i have been tier 3 verified FOR OVER A MONTH... they claim they are verifying something??


                                                                  Charla (Kraken Support)
                                                                  Oct 9, 14:41 PDT
                                                                  Hi,
                                                                  Thank you very much for your patience. Your documents are currently undergoing verification, and I will inform you once it has been completed. Please let me know if you need any assistance in the meantime.
                                                                  Warm Regards,
                                                                  Charla
                                                                  Client Engagement Team

                                                                  Comment
                                                                  • Sam Odom
                                                                    SBR Aristocracy
                                                                    • 10-30-05
                                                                    • 58063

                                                                    #34
                                                                    that would explain your problem regardless of their ineptitude
                                                                    Comment
                                                                    • milwaukee mike
                                                                      BARRELED IN @ SBR!
                                                                      • 08-22-07
                                                                      • 27271

                                                                      #35
                                                                      i guess i should've sent them blood, urine, and semen samples

                                                                      these guys (and sportsbooks) ask for more info than if you're buying a house
                                                                      Comment
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