Assessing the Risks of Centralized Cryptocurrency Exchanges: Kraken’s Challenge Experience

Kraken faces complaints from users about cash withdrawal delays and account verification issues, which raises concerns about liquidity management and operational resilience. The report on Reddit highlights the issues of extended verification time and support delays, which suggests that infrastructure may be under pressure. These challenges reflect the broader systemic risks of centralized exchanges, highlighting the need for reserve transparency and strong customer support. Investors are advised to adopt diversified storage and trading methods to reduce risk exposure.