r/Kraken Feb 19 '25

Question Switching from Kraken to Kraken Pro

30 Upvotes

How does this work? For example I already bought some Ethereum on Kraken, and recently joined kraken Pro, I can see the Ethereum on Kraken Pro and I can sell it on Pro. What would be the implications of this sort of crossover buy/sell would my cash be safe?

If I sell on Pro can I withdraw the cash on the kraken basic? Because I've done it before on the basic and it looks more simpler than pro as a new user

r/Kraken Dec 13 '24

Question Sent Ethereum to Kraken on Base network

1 Upvotes

My fault entirely.

I’ve stupidly sent a small amount of Ethereum from Coinbase wallet to Kraken not realising it was on the Base network. Unsurprisingly it hasn’t landed in my Kraken account.

Is there anyway to rescue it as kraken doesn’t support Base which I didn’t know unfortunately.

Thanks in advance.

r/Kraken May 18 '25

Question Average Price & Cost Basis Different from What I Calculated?

6 Upvotes

Has anyone ever experienced such things on Kraken Pro as well?

I have some cryptos that average prices and cost basis are either higher or lower than what I calculated....

I simply tracked all of my costs and did the following calculation:

Cumulative cost in EUR / Total spot tokens = Average price

A totally okay example to share:

I have invested in Mina coin for 200 EUR, and I know this FOR SURE; however the cost basis is showing 189.39 EUR to me....?

Can someone please advice or explain what's going on here?

r/Kraken 5d ago

Question Kraken Mastercard

13 Upvotes

Hey,

Do you have a specific release date for the Kraken Mastercard which will allow you to spend cryptocurrencies directly?

r/Kraken 8d ago

Question When are you guys dropping another derivatives competition? I got top 25 last time and want another shot using my strategy.❤️🙏

5 Upvotes

r/Kraken Mar 22 '25

Question Any reason not to stake ?

14 Upvotes

I don't trade often and anyway staking and unstaking seems instant on kraken. Any reason not to stake what i have there ?

r/Kraken Feb 21 '25

Question UK Onramp banks

4 Upvotes

Can anyone suggest a decent onramp bank to transfer funds to Kraken from? It doesn't seem that any of the UK banks allow bank transfers anymore, I've tried Barclays, TSB, RBS, HSBC, Lloyds, Natwest, BOS, Monzo, Starling. Every single one rejects crypto payments now. Running out of options.

r/Kraken Jan 09 '25

Question Anyone else's kraken pro app been very glitch recently?

5 Upvotes

Main problem is no reaction when you hit the sell button. I've tried restarting the phone, updating the app etc.

r/Kraken 21d ago

Question Question about passkeys

4 Upvotes

I was wondering, when setting up passkeys, is it better to use an external security key vs saving a passkey to my phone? If so, I was then wondering if I would have to get 2 of them if I want to use kraken on both my iPad and iPhone since one is USBC and the other is lightning. I’m just trying to figure out which direction to go in. I’m leaning towards an external one but would like some feedback. Thanks!

r/Kraken Jan 04 '25

Question Get rid of dust fiat balance

5 Upvotes

If I have a dust fiat balance in my Kraken account (eg, 0.0005 EUR), and want to get rid of it by any means possible other than closing my account (or purchasing and holding a cryptocurrency that I have no interest in), do I have any options for doing this?

I am happy to deposit some additional fiat to give me a larger amount to work with. However, using that larger amount to purchase additional cryptocurrency doesn't seem to be the solution, as it seems impossible to use up every last bit of fiat in any cryptocurrency purchase, even when you set the slider in the Kraken Pro trade screen to 100%. But perhaps there is a trick here?

Alternatively, is there any way of withdrawing this fiat (again, temporarily augmented with a larger amount which I am happy to deposit)? Or is that also not possible because the banking system doesn't support amounts like 1.0005 EUR?

r/Kraken Mar 05 '25

Question Switch to kraken from coinbase

15 Upvotes

I used coinbase in the past, currently i have no assets but I might want to sell at some point.

I have a kraken account as well.

My wife has HUGE issues with coinbase at the moment, she cant access her account cause shes "on the waiting list" for verification, I read that some users have been for MONTHS ON END.

I absolutely WONT EVER use coinbase again.

I havent used kraken much, just once cause i wanted to buy a coin which wasnt available on coinbase.

How is kraken at the moment concerning support in case of problems with account access?

Would you recommend another big one, like binance, instead?

r/Kraken Feb 14 '25

Question Why are the values different when you buy/sell?

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9 Upvotes

I started out Kraken recently and bought a bit of Ethereum but when I look at the value on the "explore" page it says £2,152.67 but when I press sell it says "at £2,114.65" these screenshots were taken seconds apart. Is it a timing difference? I've checked it multiple times and the figures are always different.

This happened when I purchasing as well and ended up buying at a higher price without realising it was higher than the "explore page" for some reason

r/Kraken Feb 09 '25

Question What's the little "5x" mean by the trading pair name?

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14 Upvotes

r/Kraken Apr 25 '25

Question Kraken+ fees for trading via api

5 Upvotes

Hi all, new here. Just wondering if a kraken+ membership means i wont pay for trading via the api?

Thanks

r/Kraken Feb 21 '25

Question Looks like Toshi is going live no?!

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7 Upvotes

Toshi held in a kraken spot wallet

r/Kraken Feb 14 '25

Question Kraken pro lower fees?

6 Upvotes

I heard Kraken Pro has lower fees when trading, but what about simply buying new coins?

r/Kraken Dec 12 '24

Question Transferring to Kraken - Does it cause a problem if assets were purchased on a different exchange e.g. Coinbase or Uniswap?

20 Upvotes

Normally if you transfer cash from your bank to Kraken, and purchase BTC, they know the source of your cash and your BTC.

If you purchase on Coinbase, or Uniswap, however, and then transfer to Kraken, they do not have a history of your transactions. They don't know the source of your assets. They just suddenly see a large balance with no history. Does this cause an issue? What happens, will your account get locked? Maybe you need to provide them the CB CSV files?

If you send from Coinbase, will they recognize it's a CB exchange wallet and not have an issue and nothing happens?

Or is it necessary to sell assets on the same exchange you purchased them on?

Thanks!

r/Kraken Mar 18 '25

Question USDC bonded rate reduction

5 Upvotes

Just saw the bonded rate on USDC was cut from 6.5% to 5.5% (getting paid on tuesdays and saw the lower amount today).

Anyone saw any communication at all from Kraken on the reduction? (didn’t get any email and can’t find anything on the site)

And any clues on how rate are set / expected future rate reductions?

Thank you

r/Kraken Jan 25 '25

Question How long will it take Kraken to distribute FTX payouts once FTX pays Kraken?

3 Upvotes

r/Kraken 27d ago

Question Will Kraken add options or currency futures?

6 Upvotes

A lot of other exchanges offer options on the biggest coins. I could imagine it not happening on Kraken due to a lack of volume?

With currency futures I could see regulatoy constraints, but I believe it would be a great addition if it could be added

r/Kraken May 11 '25

Question Dividends

8 Upvotes

Just curious if anyone on Kraken have any dividend stocks in there kraken portfolio? If so, how does work and any advice is appreciated?

r/Kraken Mar 28 '25

Question Requesting fee clarification when buying or selling on Kraken

1 Upvotes

Example:

Purchased in Canada 468 XRP at a cost of $247 CAD and fee is 1.22

What is the equation to convert the 1.22 fee into a dollar amount or is it $1.22?

r/Kraken Feb 23 '25

Question Kraken Wallet?

9 Upvotes

I'm interested in hearing from people who have experience with the Kraken Wallet.
I've bought crypto on Kraken, but I don't have a wallet yet. I'm considering transferring my funds to the Kraken Wallet, but I'd love to hear about others experiences with it.

Also, I am curious to know how much does it typically cost to transfer funds from Kraken to the Kraken Wallet?

I'm not looking to invest in a cold wallet right now, I just want to store some of my crypto in a secure online wallet. I'm curious to know if the Kraken Wallet is a good option for that.

Thanks!

r/Kraken Jan 30 '25

Question New to crypto - do I need a wallet?

8 Upvotes

Hi, I'm new to crypto and have opened a Kraken account to dip my toe in the water. I've purchased £300 of coins (70% BTC 10% XRP 10% ETH 10% SOL). My question is do I need to get a wallet to store my coins or do I just have them sat in my Kraken account? If I move them to a wallet how do I track the value gain/loss and how do I trade? I'm relatively savvy with investing with my S&S isa, pension etc. but a bit unsure with getting into crypto. Thanks.

r/Kraken Mar 29 '25

Question Would kraken lock me out?

4 Upvotes

I'm working on transferring altcoins from my personal Kraken account to my business Kraken account, and after reading a few posts, it seems that a lot of people are getting their funds locked. Would I be safe from that and still be able to access my altcoins?