As of July 2025, Kraken requires a minimum deposit of 0.0001 BTC or $10** in USD/USDT. However, the minimum trade amount is **$1, which effectively serves as the threshold to begin trading.
Kraken vs. Competitors: Deposit Comparison
| Feature | Kraken | OKX | Crypto.com |
|------------------|-------------|-------------|-------------|
| Min. Deposit (USD/USDT) | $10 | $10 | $1 |
| Min. Deposit (BTC) | 0.0001 BTC | 0.0005 BTC | 0.00001 BTC |
| Min. Trade Amount | $1 | 0.00001 BTC | $1 |
| Deposit Fee | 0% | 0% | 0% |
Kraken Deposit Fees
Kraken charges no deposit fees, but payment processors may apply costs:
| Payment Method | Estimated Fee |
|----------------------|-------------------------|
| Bank Wire | 1%–3% |
| PayPal | 2.9% + $0.30 |
| Visa/Mastercard | 1.5%–3% |
| Cryptocurrency | 0.5%–1% |
| Google Pay/Apple Pay| 1.5%–3% |
Supported Deposit Methods
Kraken offers diverse funding options for global users:
| Method | Kraken | OKX | Crypto.com |
|----------------------|--------|------|------------|
| Cryptocurrency | ✅ | ✅ | ✅ |
| Visa/Mastercard | ✅ | ✅ | ✅ |
| Bank Wire | ✅ | ❌ | ✅ |
| PayPal | ✅ | ❌ | ✅ |
| Google/Apple Pay | ✅ | ✅ | ✅ |
👉 Explore Kraken’s payment options
Fiat Currency Deposits
Kraken supports fiat deposits in:
- EUR (Euro)
- GBP (British Pound)
- AUD (Australian Dollar)
Note: Availability varies by region. Verify with Kraken support for local currency options.
How Much to Start Trading?
- Minimum: $1 (for a single trade).
- Recommended: Higher capital for meaningful returns (cryptocurrencies are high-risk).
Bank Wire Transfers
Kraken supports bank wire deposits, enabling secure fiat transfers directly to your account.
Expert Tips for Deposits
- Deposit Addresses: Kraken may generate new addresses for security. Always verify addresses in your account before transferring funds.
- Test Transactions: Send a small amount first to confirm address validity.
- Dynamic vs. Static Addresses: Understand Kraken’s policy to avoid misdirected funds.
FAQs
Q: What’s Kraken’s minimum deposit in BTC?
A: 0.0001 BTC.
Q: Are there fees for depositing USD?
A: Kraken charges none, but card/PayPal fees apply.
Q: Does Kraken accept Apple Pay?
A: Yes, with a 1.5%–3% processor fee.
Q: Can I deposit euros on Kraken?
A: Yes, EUR is supported for fiat deposits.
Q: Is $1 enough to trade on Kraken?
A: Technically yes, but larger capital is advised for profitability.
Q: How long do bank wire deposits take?
A: Typically 1–3 business days.