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.

Cryptocurrency deposit processing times

Last updated: May 11, 2026
Solana processing times:

Deposits and withdrawals on the Solana network are fully operational at near-instant speeds. Check out our video guides on how to deposit or withdraw SOL.

For security reasons, we require cryptocurrency deposits to receive a number of confirmations on its blockchain before the funds can be credited to your account.

Cryptocurrency deposits sent via MWEB (including peg out) on Litecoin, PrivateSend on Dash, CoinJoin, or other obfuscation tools will not be credited and may be lost. We do not accept deposits of ZCash block rewards. Do not use your Kraken deposit address on ZCash as your reward address when mining.

Cryptocurrency availability

Some currencies listed below are not available in specific countries.

Kraken's confirmations requirements

*Execution times can vary based on the conditions of the network, but approximate times are listed here. The time estimates assume that your transaction has been confirmed in the first block after the transaction was sent. If your transaction did not confirm in the first block possible, it may take significantly longer depending on network conditions.

**Two versions of USDC are currently being supported on Polygon and Arbitrum: USDC.e and native USDC.

***Note: as a security measure during the alpha phase, 7,200 confirmations (typically 24 hours) on layer 1 are required before the funds are available for trading.

Note that we are not able to affect the speed at which transactions are confirmed on their respective blockchains.

FAQs

When a transaction is broadcasted to the network, it has to wait to be included in a block by the miners. Once a transaction has been included in a mined block, the transaction has received one confirmation. With each subsequent block, the number of confirmations increases for the transaction.

To avoid the risks of double spending, funds aren’t credited until a certain number of confirmations have taken place (as listed below).The more confirmations received, the more permanent and irreversible the transaction is.

Each block is found at a different rate depending on the blockchain.

For example, on the Bitcoin blockchain, a block is mined on average every 10 minutes, and Kraken only credits Bitcoin deposits to a client’s account after four confirmations, which takes approximately 40 minutes. 

However, sometimes it can take Bitcoin miners 30 or even 60 minutes to mine a single block (one confirmation). This is outside of Kraken's control.

Each cryptocurrency has a different minimum amount needed to deposit at Kraken.

Need more help?