On June 1st, 2024, Kraken's US facing entity, Payward Ventures Inc., is changing to Payward Interactive, Inc. To reflect this change, the Kraken Terms of Service have been updated.
In order to continue using Kraken, we ask that you agree to our new Terms of Service by signing in to your account, and pressing the “I accept” button.
In addition to agreeing to the new Terms of Service, there are other important considerations depending on the activities you do on your Kraken Account
For clients who use our API
For clients who make wire deposits to fund their Kraken account
For clients who have a recurring buy enabled
For clients who place orders
For clients who place margin orders
Services in Maine
Kraken will halt services for clients residing in Maine as of June 1, 2024. While we are halting service in the short term, we hope to reinstate services at a later date.
What this means for Maine residents
Starting June 1st, you will no longer be able to trade or deposit funds in your account. You will have a specified period to access and withdraw your assets. If you do not withdraw your funds within this timeframe, they will be considered abandoned and subject to state laws regarding unclaimed property.
You have the option to either transfer your cryptocurrency to an external wallet or sell your portfolio and withdraw the proceeds to a bank account. Until May 31, you can withdraw fiat using any of our available funding methods. However, from June 1 onwards, your fiat withdrawal options will be limited to ACH transfers only.