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 do I deposit my local currency on Kraken Classic?

Last updated: March 12, 2026

This article is for clients using the Kraken Classic interface.

Step by step instructions:

  1. 1

    Sign in to your Kraken account and navigate to the Funding tab:

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    If you do not yet have a Kraken account you can create one here.

  2. 2

    Click the Deposit button.

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  3. 3

    Search for the currency you wish to deposit and click on it.

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  4. 4

    Enter the amount you wish to deposit and select your preferred funding provider from the drop-down menu. If you are only shown one option, you can skip this step and continue. For more information, read about our different funding options

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  5. 5

    Review the important notes and instructions.

  6. 6

    To prevent errors, we suggest copying our bank account details directly to your bank or financial institution.

  7. 7

    Various banks have different requirements, so please contact your bank directly for specific instructions on how to complete the deposit.

  8. 8

    To help your deposit go smoothly, use our deposit checklist before sending any funds.

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