THE:New options for GBP funding_ION

IncollaborationwithUK-basedpaymentsservicesfirmClearJunction,wehaveaddedtwonewoptionsforGBPdepositsandwithdrawalsforyouraccount.

Thislatestannouncementfurtherpromotesourmissionofdeliveringfinancialfreedombygivingclientsmorechoicewhenitcomestomanagingtheirassets.

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FormoreonKrakenfiatfundingoptions,pleaseclickhere

Whatarethenewoptions?

YoucanfundyouraccountusingeithertheUK’sFasterPaymentsService(FPS/BACS)ortheCHAPSnetwork.

WhatGBPtradingpairsdoyouoffer?

XBT/GBPandXBT/ETH

Whatarethedifferencesbetweenthesetwooptions?

FPSissignificantlycheaperthanCHAPS(seefeesbelow),andtheCHAPSnetworkisintendedforlargepaymentsthatneedaguaranteedarrival.TransferssentviaUK’sFasterPaymentsService(FPS/BACS)typicallyarriveonthesameday,althoughthisisnotguaranteed.PaymentsissuedoverCHAPSareguaranteedtoarriveonthesamedayifissuedbeforethedaily14:00UTCcutoff.DoIneedtoswitchtothenewfundingoptions?

No–youcancontinuetouseanyofourexistingGBPservices.Thenewoptionisofferedaspartofourcommitmenttoprovidingclientswithredundantandalternativefundingpathsforoptimalrouting.Whatarethefundinglimits?

Min.deposit/withdrawal(FPS/BACS):100GBP

Max.deposit/withdrawal(FPS/BACS):200,000GBP

Min.deposit/withdrawal(CHAPS):10,000GBP

Max.deposit/withdrawal(CHAPS):KrakenAccountLimits

Whatarethefees?

Deposits(FPS/BACS):1.95GBP

Withdrawals(FPS/BACS):1.95GBP

Deposits(CHAPS):21.00GBP

Withdrawals(CHAPS):21.00GBP

PleasenotethatyourbankmayalsochargeanadditionalfeeondepositsandwithdrawalsforCHAPSpayments.

HowdoIdepositfunds?

NavigatetoFunding>Tick“Showallassets”(orSearchforGBP)>Click“Deposit”nexttoGBP>Select“ClearJunction”andfollowtheprovidedinstructions.

HowdoIwithdrawfunds?

NavigatetoFunding>Tick“Showallassets”(orSearchforGBP)>Click“Withdraw”nexttoGBP>Select“ClearJunction”andfollowtheprovidedinstructions.Clickhereformoreinformation.

CanIdepositothercurrenciesbesidesGBP?

No–depositssentinanycurrencyotherthanGBPwillbeconvertedtoGBP,andaresubjecttoadditionalbankingfees.

ThankyouforchoosingKraken,thetrustedandsecuredigitalassetexchange.

TheKrakenTeam

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P.S.HaveyoutriedtheKrakenPromobileappyet?

DownloadtheKrakenProAppfromtheAppStoreorGooglePlay:

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