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.

What is Step-up 2FA?

Last updated: April 2, 2025
Sign-in 2FA required to use & activate Step-up 2FA:

Step-up 2FA is an extra step that is required anytime you want to add, edit or remove any 2FA settings on your account. Once a change to your Kraken account is requested, you will be prompted to confirm your sign-in 2FA again via the 6-digit code from your authenticator app or via your Hardware Security Key. The code must be entered correctly before any changes can be made to the 2FA settings on your account.

If enabled, Passkeys and/or Master Key can be selected as Step-up 2FA methods for approving changes to your 2FA settings.


Note: If you have the Global Settings Lock (GSL) enabled, you won’t be able to change any of your security settings and Step-up 2FA won’t be displayed or available as the GSL is considered the strongest security feature we currently offer.

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