Verifying your account | Kraken (2024)

FAQs

Verifying your account | Kraken? ›

To verify your account:

This is a case-by-case process and may take anywhere from a few hours to a couple of business days, depending on many factors (e.g. your country of application, nationality, quality of the pictures, etc.).

In order to buy and sell cryptocurrencies, you'll need to verify your account with Kraken. To verify your account, tap "Verify account" and provide the following information: Mobile phone number. First and last name, as written on your ID document.

All information and documents you submit for account verification are reviewed through our automated or manual verification methods. Depending on which method can be used to verify your details, account verification times can vary. * If your application requires manual review, processing can take a few days.

Once your account is set up, be sure to secure your account by adding at least one form of Sign-In Two-Factor Authentication (2FA). Next, navigate to your name in the upper right corner of the page and then select Get Verified. Select Verify under Pro (Account features and limits) to access the application form.

Bank account verification can take as little as a few seconds and as many as 10 days, depending on the method used. Open banking verification and credit checks each involve electronic checks against accounts in real time. As a result, they can confirm a customer's account details immediately.

Typos in your routing or account number can cause bank verification to fail. Double check your account information and carefully re-enter it. You may need to contact your bank to confirm your routing and account numbers.

Navigate in your browser to pro.kraken.com. Click sign-in then click on Help. Click on Recover my sign-in 2FA. Enter the email address associated with your Kraken account, the username, the Master Key; and finally click on Get bypass code.

While Kraken does require some customer information for all accounts, you can start trading without providing information such as your Social Security number and Proof of Residence.

How long does bank verification take on Coinbase? ›

Generally speaking, it can take up to 24 to 48 hours for Coinbase to verify and approve your identity. Once this has been done, you will have access to Coinbase's full range of features. The speed of the verification process can also be affected by many factors, including; The type of documents submitted.

Once you have initiated a wire transfer from your bank's portal, it takes approximate 1-2 business days to credit your crypto.com fiat wallet if you provided all information correctly - otherwise, it could take up to 7 days to identify your account.

Most of our systems are automated, so account verification and the buying and selling of crypto can be completed in under an hour IF all of the correct information has been supplied.