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 to Kraken web?

Last updated: May 26, 2025

Kraken web's design is being updated. If the steps in this article look different to your user interface,visit our original article.

This article is for clients using the Kraken interface (kraken.com/c).
If you are using Kraken Pro (pro.kraken.com) to deposit click here.

Prevent deposit delays

If required and shown in the deposit instructions, make sure your deposit includes a reference to your Kraken Public account ID which starts with AA and is 16 characters long.

Deposit instructions:

1
Sign in to your Kraken account and click the Deposit button. You can also access the Deposit page via the Transfer tab, asset tab and portfolio tab on the left-hand side.
2
Search or scroll to find the currency you want to deposit (e.g., USD) and select it.
3
Under Deposit method, choose your preferred deposit method: If using a Manual bank transfer, select it, then choose your funding provider under the Account section. Learn more about all available funding methods.
If using Easy bank Transfer (e.g., Plaid ACH) check out our guide for Plaid ACH deposits.
4
Scroll down to view Kraken’s bank account details.
Log into your online banking and initiate a deposit from your account to Kraken. To avoid errors, copy and paste our bank details directly. Try to avoid entering them manually.

Tips for a smooth deposit:

•
Review the Additional Information section, on the deposit page, for important notes specific to your currency and method.
•
Banks may have unique requirements. Check with your bank if you're unsure how to proceed.
•
Use our deposit checklist before sending funds to help ensure a successful transfer.
•
Review our Cash Deposit Options for details on fees, minimums, and processing times.