How to withdraw funds from your Kraken account

Last updated: November 12, 2026

This article is for clients using the Kraken (kraken.com).
If you are using Kraken Pro (pro.kraken.com) click here!

Withdrawal hold

Withdrawal instructions:

  1. 1

    Sign in to your Kraken account and click the Portfolio tab. From here you will see a withdraw button.

    Withdrawal
  2. 2

    You can scroll or use the search bar to find your preferred asset.

    Searching for assets
  3. 3

    If prompted, select a Cash withdrawal options. Next, enter your bank account details.

    funding method
  4. 4

    Fill in your bank account details (all fields are mandatory).

    Account Nickname: Can be whatever you like so you can easily remember this bank account. Add a descriptive nickname to this account to make it easier to find and withdraw from next time.

    Name on account: Is the bank account holder name, which must match the verified name or entity on this Kraken account. For some funding providers, the name field will automatically populate when adding a bank account.

    Please refer to our frequently asked questions for more information about the different requirements.

  5. 5

    Request a withdrawal:

    - Once you have added your bank account, scroll to the bottom of the page, and select the bank account from the drop-down menu.

    - Enter the amount you wish to withdraw and click on Review Withdrawal

    - Do not use punctuations or currency symbols (use 1000 instead of €1,000).

    - Check that the details are correct and click Withdraw to confirm the withdrawal.

To help your withdrawal go smoothly:

  • •

    Ensure that you are not withdrawing to a third-party payments processor, e.g. a company that provides payment-processing services to merchants and other business entities.

  • •

    Check that your bank or financial institution meets the requirements of your selected Funding Provider.

  • •

    Only use a bank account under your control, where the name matches the verified name or entity on your Kraken account.

  • •

    Make sure you have checked the daily withdrawal limit of your asset.