Buying, selling and converting cryptocurrency with the Kraken app
To buy crypto using your cash balance, payment card, Plaid ACH or digital wallet:
- 1
Tap on the Trade button and then tap Buy.
- 2
From the list of assets tap on the crypto you would like to buy, or use the search function to find a specific asset.
- 3
Enter the amount you would like to buy and select one of your available payment methods.
- 4
On the next screen you can review your purchase. If everything looks right, tap Confirm.
- 5
That's it! You have successfully bought crypto.
To sell crypto and credit the cash into your account balance, you will need to locate the asset from your account balance:
- 1
Tap the Trade button and then Sell.
- 2
From your assets list tap on the crypto you would like to sell.
- 3
Input the amount you would like to sell (you can toggle between cash value and crypto volume). The cash will be added to your balance in the default currency you have saved on the Kraken app. If you want to receive the cash in a different currency, you will need to change this on your Account settings before completing the transaction.
- 4
Tap Continue to review your sale. If everything looks right, tap Confirm to complete your sale.
- 5
That's it! You can check your Portfolio to see your new account balance.
Our convert feature allows you to change between any crypto and cash combination. This includes cash to cash, crypto to crypto, as well as cash to crypto:
- 1
Tap the Trade button and then tap Convert.
- 2
The first field is the asset you want to Convert from. The second field is for the asset you want Convert to. Select from any of your existing account balances.
Next, input the amount you would like to convert. The Order type Instant is selected by default. If everything looks right, tap Continue to review.
Order type
- 3
Tap Confirm to complete your conversion.
