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How to deposit Argentine Peso (ARS)

Last updated: July 4, 2025

You can deposit Argentine Peso (ARS) to Kraken via Bank transfer. However, ARS cannot be held in your Kraken account. Once deposited, your ARS will be automatically converted to US Dollars (USD).

Deposit ARS on Kraken (kraken.com/c):

  1. 1

    On your account homepage, click the Deposit button. 

  2. 2

    Search for or select ARS. 

    Reminder: ARS deposits will automatically convert to USD 

  3. 3

    The deposit method will automatically update to Bank transfers. 

  4. 4

    Next, enter your CUIT/CUIL.

    To utilize local payment rails in Argentina, you are required to have a CUIT or CUIL. 

  5. 5

    Enter the amount you wish to deposit. You can switch between ARS and USD, by clicking the Currency switcher to see real time conversions in both currencies.

  6. 6

    Click Generate bank details.

  7. 7

    Enter the amount you wish to deposit. You can switch between ARS and USD, by clicking the Currency switcher to see real time conversions in both currencies.

That’s it! You’ll receive a notification confirming deposit success and USD amount deposited.

Deposit ARS on the Kraken app:

  1. 1

    Open your Kraken app, tap Transfer, followed by Deposit.   

  2. 2

    Select or search for ARS. Reminder: ARS deposits will automatically convert to USD 

  3. 3

    Tap I understand to continue. 

  4. 4

    Enter your CUIT/CUIL.

  5. 5

    Next enter the amount you wish to deposit.

  6. 6

    Copy the Kraken deposit details, then go to your banking/wallet app and complete the ARS deposit.

  7. 7

    To see your deposits open the Kraken app and go to Portfolio. Here your USD total amount and transaction history will be in the transaction list.

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