Explanation of fiat currency

Fiat money is a currency without intrinsic value established as money by government regulation or law.

You can read more about fiat money on Investopedia.

Examples of fiat currencies are:

  • the United States Dollar (USD),
  • the Eurozone euro (EUR),
  • the United Kingdom’s pound sterling (GBP),
  • the Japanese Yen (JPY),
  • the Chinese Yuan (CNY).

Click here to see Fiat currencies available on Kraken.

Fiat currencies can be deposited to or withdrawn from your Kraken account via bank transfers from a number of countries around the world.