Our history in Australia
Kraken’s history in Australia stretches back to 2013 with the founding of Bit Trade, one of Australia's longest-running crypto exchanges. Bit Trade specialised in over-the-counter (OTC) trading with SMSFs, hedge funds and other institutional clients before opening their services to retail investors. Kraken acquired Bit Trade and its founding team in 2020. Today, our krak(en) team is led by Jonathon Miller and is passionately focused on advancing the cryptocurrency industry for all Australians.
Why Australians choose Kraken
Locally operated and registered with AUSTRAC
Kraken is locally operated and registered as a Digital Currency Exchange Provider with AUSTRAC, has ISO 27001 certification and pioneered the Proof of Reserves Audit.*
Free and instant AUD deposits and withdrawals
Kraken makes it easy to deposit and withdraw AUD using a variety of reliable methods including PayID and Osko bank transfers.
Deep liquidity and tight spreads on AUD trading pairs
Kraken Pro offers a 0.26% fee to start and has a 30-day volume incentive down to zero. What more can you ask for?
Advanced crypto trading with Kraken Pro
Trade like a Pro. Kraken Pro lets you access spot, AUD funding and more - all in one powerful, customisable interface.
Choose the Kraken product for you
Trade 200+ Cryptocurrencies
Meet Kraken's Australian team
Managing Director for Australia
Jono is Kraken's Managing Director for Australia and a leading voice in the growing crypto industry. Jono co-founded Bit Trade in 2013, one of Australia's longest-running crypto exchanges, and has been deeply involved in Australia’s crypto industry since its inception. Kraken acquired BitTrade in 2020 and Jono continues to hone his entrepreneurial spirit to spearhead Kraken’s growth to this day. If you can’t find Jono leading product development, talking to users or in the media, he’s probably off swimming somewhere.
Head of APAC Spot Trading
Muneeb leads Kraken’s APAC OTC team and has been with the company since its Bit Trade days. He has navigated the ups and downs of numerous market cycles and has seen the Aussie arbitrage trade compress from a margin of 15% to near zero over the last six years. During this time, Muneeb and the Kraken’s entire OTC desk have been a reliable liquidity partner to a large base of Aussie clients.
Is Kraken available in Australia?
Can I deposit and withdraw AUD on Kraken?
What are Kraken’s crypto withdrawal fees & minimums?
Does Kraken offer 2FA (Two Factor Authentication)?
Can I sign up with Kraken as a SMSF or business account?
Can’t find what you’re looking for? Check out Kraken’s comprehensive list of Australian FAQs
*Bit Trade Pty Limited (trading as Kraken Exchange, ABN 42 163 237 634)
**Gas fees will be incurred when transferring NFTs and other cryptoassets on and off the Kraken platform