We only support cash and debit card deposits (in-person) for Canadian Dollars (CAD) via our Canada Post partnership.
For all other fiat currency deposits (USD, EUR, GBP, AUD, CHF, JPY) Kraken does not currently accept cash, debit cards, credit cards, PayPal or similar services.
Debit or credit card use with the 'Buy Crypto' feature is available to instantly purchase a range of cryptocurrencies. This service is currently limited to certain geographical regions, so please review our support article here for further information.
|Debit card||CAD only
|PayPal (or similar services)||✘||✘|
Important: Do not deposit cash directly to any of our bank accounts. Only follow the deposit instructions provided to you on your Kraken account.
Why is cash not more widely accepted?
Accepting cash makes it difficult to comply with financial regulations. The partnerships that can make it work are rare.