Kraken Pay is an efficient and cost-free way to transfer funds directly between accounts on Kraken.
Sending and receiving funds with Kraken Pay is effortless using the Kraken app. For a step-by-step guide, visit our Support article.
To check your eligibility:
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Update the Kraken app to the latest version.
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Open the Kraken app and accept the updated terms of service.
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Ensure your Kraken account is verified to Intermediate level or above.
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Ensure you are in a permitted location (i.e., you can navigate through Kraken Pay).
Kraken Pay is not available in Australia, Germany and prohibited regions. In the United States, Kraken Pay is available except for IN, ME, NY, TX and WA.
Kraken Pay allows you to instantly and freely send cash or crypto to other Kraken clients, but availability varies by location. Some regions may have access restricted entirely, while others may only support cash or crypto transfers but not both. Assets that are restricted in your region will not appear as a transfer option. For further detail, please see this support article.
If you have any further questions, please visit Kraken Support.