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.
- 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.