The Silvergate Exchange Network (SEN) represents an internal Silvergate bank network, allowing fast and free transfers between Silvergate account holders participating in it. Kraken is part of the network.
| Transaction Minimum |
Transaction Maximum |
Fees | Processing Time (domestic & international) |
|
| Deposits |
No minimum |
Unlimited (Pro) |
Free | Near-instant |
| Withdrawals |
No minimum |
Up to account limits (Pro) |
Free | Near-instant |
Benefits
For eligible US clients, Silvergate funding provides a faster way to deposit or withdraw funds.
For eligible international clients, Silvergate funding provides an alternative to US-only USD funding options.
Eligibility
Only Pro-verified Corporate clients are eligible*.
*Exceptions (in addition to OFAC-limited jurisdictions):
Texas (USA), Central African Republic, Lebanon, Libya, Russia, Somalia, Venezuela, Yemen.
Apply Now
Once approved, you will see instructions on your account under the Funding > Deposit > Silvergate Exchange Network page for how to integrate your Silvergate bank account into your Kraken account.