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.

Move from Legacy Kraken Wallet to Kraken Wallet

Last updated: 15 September 2026

If Kraken Wallet detects data from the previous version of the app after an update, it guides you through a local migration.

  1. 1

    Update and open Kraken Wallet on the device that contains your existing wallet.

  2. 2

    Tap Continue on the migration screen.

  3. 3

    Complete the biometric or password prompt if your previous wallet used one.

  4. 4

    If you had multiple accounts, select the accounts you want to keep.

  5. 5

    Review the migrated wallet and finish setup.

The migration moves your wallet keys and supported account information locally on your device. Balances, tokens, NFTs, and activity are refreshed from their networks after migration. The process does not send a transaction or move your funds.

Keep the app open until the migration completes. If it is interrupted, reopen Kraken Wallet to continue from the last completed step.