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 to withdraw Brazilian Real

Last updated: May 8, 2026

Brazilian Real (BRL) withdrawals will be taken from your BRL1 stablecoin balance - a stablecoin pegged 1:1 to the Brazilian Real.

Withdraw BRL from Kraken (kraken.com/c)

  1. 1

    On the homepage on the Withdraw button.

  2. 2

    Under the asset dropdown select BRL.

    withdraw
  3. 3

    After selecting BRL, choose PIX Transfer as your withdrawal method. Click I understand to continue.

    Learn more about PIX here.
  4. 4

    Under the assets dropdown you will see your BRL1 stablecoin balance.

    withdraw
  5. 5

    Enter your CPF that is connected to a bank account linked to your CPF.

  6. 6

    Enter your PIX key and the amount you wish to withdraw.

    PIX key: is a unique identifier that represents your bank account in Brazil. You use it when you want to withdraw money.
    withdraw
  7. 7

    Click Continue and review the pop-up screen with important withdrawal details.

  8. 8

    Click Confirm to complete your withdrawal.

How to withdraw BRL on the Kraken app:

  1. 1

    Open the Kraken app and go to the Portfolio tab.

  2. 2

    Tap BRL from the list of available assets.

    Note: Although you’re withdrawing BRL, the amount will be taken from your BRL1 stablecoin balance.

    Withdraw
  3. 3

    Enter your CPF.

  4. 4

    Enter your PIX key. (Do not use the one in the image, this is just an example)

  5. 5

    Enter the amount you want to withdraw.

  6. 6

    Once ready tap Confirm to complete your withdrawal.

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