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.

Can I deposit or withdraw using physical cash, debit or credit card or something similar?

Last updated: June 15, 2026

Debit or credit card use with the Buy Crypto feature and on the Kraken app is available to instantly purchase a range of cryptocurrencies. This service is currently limited to certain geographical regions, review our Visa and Mastercard purchases article for further information.

Method

Deposits

Withdrawals

Physical cash

Debit card

Credit card

PayPal (or similar services)

Checks

Bill Pay


Important: Do not mail checks or deposit physical cash directly to any of our bank accounts or addresses. Any checks we receive will be destroyed. Only follow the deposit instructions provided to you on your Kraken account.

Why is physical cash not more widely accepted?

Accepting physical cash makes it difficult to comply with financial regulations. The partnerships that can make it work are rare.

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