We welcome clients from all over the world, with a few specific exceptions due to international and local financial/cryptocurrency regulations. Depending on your verified residency, you may have certain restrictions on your account. Refer to our Terms of Service for complete information on our eligibility criteria. If you have any questions about this topic, feel free to open a ticket or inquire via Live Chat.
Restrictions covered in this article
No Service
Restricted Service
No Service (Only Pre-verification)
Verification level restrictions
Currency holding and trading limitations for certain countries
Cash Deposits & Withdrawals
Residents of Japan
No Service
At this time, Kraken does not offer service to residents of:
- Afghanistan
- Congo-Brazzaville
- Congo-Kinshasa
- Cuba
- Iran
- Iraq
- Libya
- North Korea
- Syria
- Tajikistan
Restricted Service
Clients in these countries can create an account but may be restricted from funding:
- Central African Republic
- Eritrea
- Guinea-Bissau
- Lebanon
- Mali
- Namibia
- Somalia
- South Sudan
- Sudan
- Yemen
If you do not live in any of these countries, you're welcome to create an account with Kraken.
If your origin is from one of these countries but you currently live elsewhere, you can proceed with regular verification.
No Service (Only Pre-verification)
At this time, Kraken does not offer service to residents of:
- Washington state (WA)
- New York (NY)
While we strive to offer our services to all US residents, the cost of maintaining regulatory compliance in some states can be very high, forcing us to make hard choices about whether cost justifies doing business in the state.
Residents of the above US states can submit verification details for any account level for pre-verification. If pre-verified, your account will be ready when regulations allow us to serve you in the future.
If you move outside of these states, you can use your new address for regular verification. Be sure to provide a Proof of Residence document so we can legally provide our services to you.
Verification level restrictions
Express verification level
- Available for US residents only.
- Not available for US residents in Texas and US territories.
Starter verification level
- Available for non-restricted countries, Texas and US territories residents.
- Not available to residents in other US states.
- Not available to residents in Australia.
Currency holding and trading limitations for certain countries
- Residents in Australia
- Cannot deposit, hold or trade ANKR, BNT, DASH, ENJ, GHST, GRT, LPT, MATIC, MINA, MKR, RARI, REN, SAND, SOL, SRM, SUSHI, XMR, ZEC or ZRX.
- Cannot stake SOL.
- Residents in Canada
- Cannot trade ETH2.S, however they can stake ETH.
- Cannot deposit, hold, or trade ANKR, BNT ENJ, EWT, FLOW, GHST, GRT, LPT, MATIC, MINA, MKR, RARI, REN, SAND, SOL, SRM, SUSHI or ZRX.
- Cannot stake SOL.
- Residents in Japan
- Can deposit, hold and trade BTC, BCH, ETH, LTC and XRP.
- Residents in the US
-
Margin trading will only be available to U.S. clients that meet specific requirements. For U.S. clients that don’t meet these requirements, margin trading will be phased out starting June 23, 2021.
- Cannot trade ETH2.S, however they can stake ETH.
- Cannot deposit, hold, or trade ANKR, BNT ENJ, EWT, FLOW, GHST, GRT, LPT, MATIC, MINA, MKR, RARI, REN, SAND, SOL, SRM, SUSHI or ZRX.
- Cannot trade XRP.
- Cannot stake SOL.
- Residents of the US states of New Hampshire and Texas cannot deposit or hold EUR, nor trade any EUR pairs.
-
Cash Deposits & Withdrawals
- Crypto deposits and withdrawals are not available at Express verification level.
- Cash deposits and withdrawals are not available at Starter verification level.
- Funding via bank transfers is available to clients from most countries at the Intermediate or Pro verification level. See available methods here.
- Our funding providers may, at their own discretion, deny funding to certain geographical locations.
- Some countries are not yet able to use debit or credit cards. Please refer to our FAQ on debit and credit cards for the full list of accepted countries.
Residents of Japan
- How to get started (for residents of Japan)
- Available trading pairs and funding options for residents of Japan
- Verification requirements for Residents of Japan
Geographic state/province/subdivision data provided by GeoNames.
Article last updated 21 June 2021 15:15 UTC