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.

Verification requirements

Last updated: December 5, 2025

We're currently facing delays in processing new accounts. Please avoid submitting multiple verification requests.

In order to be eligible to register a Kraken account and use our services, you must:

•
Be 18 years of age or older.
•
Reside in a supported area.

Verification is similar to opening a bank account and providing supporting documents.

Find out what you can do with a verified Kraken account here.

Requirements	Verification	Verification with higher limits
Email	✓	✓
Full name	✓	✓
Date of birth	✓	✓
Phone number	✓	✓
Physical address	✓	✓
Occupation information If employed. If not, select unemployed.	✓	✓
Social Security Number or Tax ID (US clients)	✓	✓
Valid ID	✓	✓
Proof of address	✓**	✓**
Face Photo	✓**	✓**
KYC questionnaire		✓
Sign-in 2FA		✓

**There may be other situations where we would require you to submit either a Face Photo or an ID Confirmation Photo. Depending on your country of residence, if your address is not automatically confirmed, you will be asked to provide a Face photo instead of a Proof of Address document.

***These may or may not be required based on your country of residence and current regulatory requirements.

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Verification requirements

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