In Australia, Beaufort Fiduciaries Pty Ltd (ACN 162 139 871, AFSL No. 545124) provides wholesale clients with access to derivatives where the underlying assets are digital assets. Derivatives are complex, regulated financial products that are difficult to understand and may not be suitable for inexperienced investors. For eligibility, terms and conditions click here. Krak Pay is offered by Bit Trade Australia Pty Ltd (ACN 163 237 634), Authorised Representative of Flexewallet Pty Ltd (AFSL 448066). This information is general in nature and does not take into account your personal objectives, financial situation or needs. You should consider whether it is appropriate for you and read the relevant disclosure documents before making any decision.

How to withdraw cryptocurrencies from your Kraken account on Kraken Classic

Last updated: March 31, 2025

This article is for clients using the Kraken Classic interface.

Which Kraken interface am I on?

Withdrawal hold

For enhanced security, debit and credit card purchases using USD will experience the 72 hour lock discussed above on all purchases, not just your first purchase.

In order to withdraw cryptocurrencies from your Kraken account, you must first add and confirm the withdrawal address. Then, to withdraw, follow these steps:

1
Sign in to your Kraken account and navigate to Funding.
2
Click the Withdraw button.
3
Search for the currency you wish to withdraw and then click on it.
4
Select a previously added address or click the Add Address ("Add account" for EOS) button to add and confirm a new one.
5
Enter the amount you would like to withdraw in the Amount field or click the percent of your account balance in that specific currency. Make sure the amount is greater than the minimum listed directly under this field and click Withdraw.
6
Double check that all of the information is correct and then click Withdraw.
7
If you are asked for an authenticator app code, then you have 2FA for funding enabled on your account and would need to use the 2FA you set up for funding (this is different from your Sign-in 2FA).
8
If your withdrawal is successful you will see a confirmation with your withdrawal Details on the right side box, along with the status of the withdrawal.Note: You will not receive an email confirmation for the withdrawal. You can keep track of your withdrawal status by viewing your recent transactions under the Funding tab.