Kraken Deposits and WithdrawalsSEPA, card, real timing and fees
Funding your account is the step everything else depends on: trading access and eligibility for the referral bonus. Here's how to do it without unnecessary fees or a stuck transfer.
Comparing deposit methods
A standard SEPA transfer wins in almost every case
| Method | Timing | Indicative cost | When to use it |
|---|---|---|---|
| SEPA transfer | ~1 business day | Free to near-free | Default method, including a first deposit |
| SEPA Instant | A few minutes | Free to low cost | When your bank offers it and you're in a hurry |
| Debit/credit card | Immediate | Several percent | Only for a small, urgent amount |
Exact amounts are those shown in your Kraken interface at the time of the operation. Figures above are indicative.
Depositing without getting rejected
- The sending account must be in the same name as your Kraken account
- Copy the deposit reference exactly, without editing it
- Use the account details shown in your own interface, never one copied elsewhere
- Finish identity verification before sending the transfer
Don't have an account yet? Follow the account-opening guide.
Withdrawing funds
Withdrawal runs the same path in reverse: you sell your crypto for cash, then request a transfer to your registered bank account. Budget one business day, two over a weekend.
Keep taxes in mind: it's the conversion back to cash that typically triggers the taxable event, not simply holding. See the risk disclosure.
Common questions about deposits
How long does a SEPA transfer to Kraken take?
Usually one business day for a standard SEPA transfer; SEPA Instant, where supported by your bank, arrives within minutes.
Why is my deposit stuck?
Three causes dominate: a transfer sent from an account not in your name, a missing deposit reference, or incomplete identity verification. Contact support with proof of the transfer.
Should I deposit by card?
Only in an emergency. Card deposits are instant but cost several percent, versus a near-zero cost for a standard SEPA transfer.
Is there a withdrawal limit?
Limits depend on your account's verification tier. A fully verified account comfortably covers a typical individual's needs; lower tiers are more restricted.
Kraken referral code · September 2026
The link pre-fills the code. If you type it manually, do it during account creation.
Personal referral link, no extra cost to you : ↗ opens kraken.com in a new tab.
First deposit, first bonus
A validated deposit is what makes the referral reward eligible.
Kraken referral code · September 2026
The link pre-fills the code. If you type it manually, do it during account creation.
Personal referral link, no extra cost to you : ↗ opens kraken.com in a new tab.
Next: verify your identity (KYC), deposit funds, then track when the reward is paid.