Post
Topic
Board Exchanges
Re: [ANN] KRAKEN.COM - Exchange with USD EUR GBP JPY CAD BTC LTC XRP NMC XDG STR ETH
by
Kraken-Septimus
on 25/01/2018, 20:47:52 UTC
Dear Kraken,
   How you guys were ever recommended as the top North American crypto exchange is beyond me. I've been trying to make a USD withdrawal since mid-December. Six (that's 6) failures. Somehow even after the trading engine "upgrade" your withdrawal page can offer zero information about the failure other than one word - Failed. How in this century can you manage to program a website that offers zero information as to what the cause of the failure is? Now we get into the black hole of "enter a support request, escalate it using this form and wait".
  
   Twice now from my support calls I've been told - "our transfer partner's OCR software can't recognize your government issued ID. Please take another" - ok fine, no problems there. Photo's are easy to take. However the kicker is this phrase -
    
          "Please note that we are unable to provide any time frame on when we can have USD funding activated on your account. This is due to a huge backlog of manual review cases that need approval"
  
   Good Lord! How can you not know a time frame? And how will I as a customer know when it's ready? Should I just keep submitting withdrawals and wait for the one magical day when I get a green "Success" message? Please note that I'm just guessing that's how it'll look because I've never seen a successful one. At this point I believe those "Success" messages are like Unicorns and only exist in fantasy books.

   Let me offer some suggestions as to how you might fix some of these problems:
      
  • Find another funding/wire transfer partner - obviously the one you have can't manage to process anything so why not?
  • Find another partner with some better OCR software - if Alexa can order me a pizza and tell me who won the World Series in 1953, a dumb piece of software ought to be able to pick out my name and address from a picture
  • Hire some temps to process said manual backlog - this is a no brainer. AWS Mechanical Turk. Temps R Us, millions of options here
  • Offer an alternate means of fiat withdrawal - Oh the horror! A real check, on real paper in a real envelope with a stamp. I guess you can't be crypto cool and still send checks to people. Ever heard of PayPal or Zelle?
  • Pre-process check government issued id's - imagine how many fewer support calls you'd get if you actually pre-processed the documents you get for correctness

  Sorry for the rant. We as a community know you're experiencing unprecedented demand. We know you're covered up with support requests. We know that you get XX thousand new user sign ups a day. But if you can't manage to accomplish something as simple as a wire transfer for inbound or outbound funding then I would expect that soon there will be no more requests for funding or withdrawal.

Patiently waiting for a Unicorn or a successful withdrawal, whichever comes first.

Hi NHammer. I'm so sorry to hear that you're having an issue withdrawing your funds. Our agents are working through these tickets as efficiently as possible but it's true, there is a backlog at the moment and these need to be manually completed.

Could you please confirm if you have escalated your ticket using this form? Please let me know the ticket number and I can confirm if it was escalated.