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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