All first-time fiat deposits will result in a temporary (72 hour) withdrawal hold on the account.
For eligible US clients, MVB Bank provides a quick option to deposit or withdraw USD funds. This method supports domestic Fedwire transfers only, which take 1 to 5 hours to process during US banking hours. Banking cutoff time is 4pm EST.
Requirements
- Your Kraken account must be verified to the Intermediate or Pro level.
- Your bank/financial institution account must be under the same legal name as your Kraken account.
- Your bank/financial institution must be located in the United States.
- Residents of Texas are unable to use this funding method.
Funding Options
For additional information on funding providers, fees, minimums and processing times, see our deposit options and withdrawal options articles.
Deposit and Withdrawal Instructions
For step-by-step instructions, see: how to deposit to your Kraken account and how to withdraw to your bank account.