Yes, KRAK offers a completely free way to send money abroad.
Instant buy/sell fees apply to the receiver of the transaction if they choose to convert the sent amount into another currency or digital asset.
There are many ways to transfer money internationally from Australia. Each can come with its own unique advantages and disadvantages, but Krak offers an easy, cost effective and reliable way to send money abroad from Australia in moments.
Krak
Krak offers a fast, reliable, cost-effective and easy way to send money, stablecoins and crypto abroad from Australia in moments.
Bank Transfers
Bank transfers can be a cost-effective way to send money internationally from Australia, but they can take longer than debit or credit cards.
Crypto Transfers
Crypto transfers can be fast and cost-effective to transfer value abroad from Australia, but this can depend on network congestion factors and exchange rates.
Debit/Credit Cards
Debit or credit cards offer a fast and easy way to send money internationally from Australia, but they tend to be more expensive than other payment methods due to various fees.
You can send paylinks to anyone, including those who don't have a Kraken account. In order to accept the payment, they can use the paylink to easily sign up for a Kraken account.
Yes, there are maximum transfer limits for crypto and cash payments. Limits are calculated separately for both types of assets, and are based on your account verification level.
You can find out more information about crypto and cash transfer limits here.
Sending money using KRAK is near-instant. We leverage our deep liquidity to facilitate direct fiat transfers and off-chain cryptocurrency transactions. This eliminates network fees and long processing times.
Yes, it is possible to fund your Kraken account using a range of supported debit and credit card options.
At this time, KRAK does not support Apple Pay as a funding method. However, we are actively working on adding this functionality and plan to offer it in the near future.
Withdrawals from KRAK are limited to the following government issued currencies: USD, EUR, GBP, CAD, CHF and AUD. Availability depends on your country, with only supported currencies accessible.
However, KRAK also allows you to withdraw up to 400+ cryptocurrencies or stablecoins to the wallet of your choice.
