How long does it take to open a crypto exchange account?

crypto

New member
I've been a happy Kraken user for the past couple of years now but I decided recently that I should probably open a couple of more accounts as backups just incase one of them gets hacked or runs into technical difficulties and I can't trade for a few days. When I signed up with Kraken a few years ago, I think the whole process just took a day or two between me filling in the forms and the account getting approved. Right after Christmas I signed up with both Bitstamp and Bitfinex, which is about 6 weeks ago, but I still haven't heard a thing back from either of them. This despite the fact that it took me about half a day to sign-up because of all the KYC and AML requirements I had to fulfill.

Are these wait times normal? Should I email them again just to check if my application was lost?
 

Marathonbet

New member
i waited 4 months for bitfinex to open my account and then they immediately started looking for taxation information so i've never used then after waiting all that time.
 
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