Great news – clients can now fund their account and trade with the Australian dollar (AUD) on Kraken! The AUD becomes Kraken’s seventh fiat currency, joining USD, CAD, CHF, EUR, GBP and the JPY.
This latest announcement follows our January 2020 acquisition of Australia’s longest-running cryptocurrency operation, Bit Trade, and represents Kraken’s continued pursuit of building bridges between crypto and the traditional financial markets.
As of June 17th, you will be able to trade our most popular cryptocurrencies, including Bitcoin, Ethereum, and Litecoin along with Ripple, Bitcoin Cash and Tether against the AUD.
Clients based outside the U.S. will also have the opportunity to trade AUD FX pairs against the U.S. dollar, euro and Japanese yen with industry-low order minimums, making it even easier to gain exposure to more assets when executing orders on Kraken.
Additionally, we will offer instant funding to domestic clients who are making deposits through Osko and PayID enabled Australian banks.
The complete schedule is below:
What are the funding limits?
- Minimum deposit: $5 AUD
What are the specific trading parameters?
|Asset Pair||Displayed Price Precision||Order Minimum (Base)|
What are the fees?
Deposits and withdrawals for AUD via the new Osko method are free.
How do I deposit funds?
Navigate to Funding > Tick “Show all assets” (or Search for AUD) > Click “Deposit” next to AUD > Select ‘Bank Transfer’ > Click “Generate” to generate your unique deposit details > Follow the provided instructions.
How do I withdraw funds?
Navigate to Funding > Tick “Show all assets” (or Search for AUD) > Click “Withdraw” next to AUD > Follow the provided instructions.
Thank you for choosing Kraken, the trusted and secure digital asset exchange.
The Kraken Team
P.S. Have you tried the Kraken Pro mobile app yet?
Download the Kraken Pro App from the App Store or Google Play: