Kraken US will begin applying monthly transaction limits to Monero on August 15. Individual withdrawal limits are set to $1,500 and deposit limits are $3500..

If my bank told me this, about my savings. I would start to get very worried. Usually there would be other assets to leverage, to camouflage that a single asset were fictive and you could hide your scam by buying up xmr in the market, when someone demanded withdrawal and no limits would be necessary. If xmr alone has the potential of pulling the rug under Kraken, they may have stretched it to the limit on all parameters.

#xmr #monero #noncustodial