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Australia

Kraken in Australia

Rank in Australia
#3 of 11
Bitcoin in Australia
Legal
Our rating
4.7
Review updated
2026-08-23

Yes. Kraken serves Australia and ranks third of the 11 exchanges in our Australia guide, on fees, security record and local payment support. Here it takes PayID / Osko, Direct bank deposit and Credit or debit card; PayID / Osko is the rail local buyers lead with. Kraken Pro charges 0.25% maker and 0.40% taker below $10,000 in 30-day volume, falling from there. Identity verification is required to deposit fiat and trade.

Visit KrakenRead the full Kraken review
Rank in Australia
#3 of 11
Fees
From 0.25% maker, 0.40% taker
KYC
Required
Pays with in Australia
PayID / Osko, Direct bank deposit, Credit or debit card
Currency
Australian dollar (AUD)
Headquarters
San Francisco, United States

How to pay on Kraken in Australia

The deposit rails Kraken offers to buyers in Australia, from our Australia guide reviewed 2026-08-23. Each one links to how that rail works here.

Credit or debit card:
3.75 percent plus A$0.25 on top of the trading fee

What Kraken charges, and what it asks for

Kraken Pro charges 0.25% maker and 0.40% taker below $10,000 in 30-day volume, falling from there. The simple Buy widget and card purchases include a spread and cost noticeably more.

maker
0.25% on Kraken Pro below $10,000 in 30-day volume, decreasing at higher tiers
taker
0.40% on Kraken Pro below $10,000 in 30-day volume, decreasing at higher tiers
spread note
Instant buys through the simple interface include a spread; use Kraken Pro for the published maker-taker rates.
deposit note
ACH and SEPA deposits are free or low cost; card and digital wallet deposits carry processing fees.
withdrawal note
Bitcoin withdrawals carry a small network-based fee; fiat withdrawal costs vary by method and currency.

Identity verification

Required. Identity verification is required to deposit fiat and trade.

7 costs by action, on the Kraken review

Kraken's security and regulatory record

10 dated events on our record since 2020, 6 of them breaches, enforcement actions, insolvencies or outages. Newest first.

  1. Proof of reserves

    Latest proof of reserves shows bitcoin backed at 102.9%

  2. Breach

    Kraken refuses extortion after two support staff misused internal systems

  3. Licence

    Kraken wins a MiCA licence from the Central Bank of Ireland

  4. Resolved

    SEC drops its unregistered exchange case against Kraken

  5. Enforcement

    Australian court finds Kraken's local operator broke product rules, AUD 8 million penalty

All 10 events with detail and sources, on the review

Every exchange we rank in Australia

Ranked by our editorial review of fees, security record and local payment support. Rankings are never sold.

Bitcoin exchanges ranked in Australia by our editorial review of fees, security record and local payment support, with the payment methods each one offers here.
#ExchangeRatingFeesID checkPays with
1Binance4.2From 0.1% spot, maker and takerRequiredPayID / Osko, Direct bank deposit, Credit or debit card, Apple Pay, Google Pay, P2P trades in Australian dollars
2CoinSpot4.40.1% market, 1% instant buyRequiredPayID / Osko, Direct bank deposit, BPAY, Credit or debit card
3KrakenThis page4.7From 0.25% maker, 0.40% takerRequiredPayID / Osko, Direct bank deposit, Credit or debit card
4CoinJar4.3From 0.10% on the exchangeRequiredPayID / Osko, Direct bank deposit, Credit or debit card
5Independent Reserve4.5From 0.5%, free bank fundingRequiredPayID / Osko, Direct bank deposit, Credit or debit card
6Swyftx4.4From 0.6%, free AUD depositsRequiredPayID / Osko, Direct bank deposit, Credit or debit card
7Coinbase4.5Maker-taker on Advanced TradeRequiredPayID / Osko, Direct bank deposit, Credit or debit card
8BTC Markets4.00.85% taker at entry tierRequiredPayID / Osko, Direct bank deposit, Credit or debit card
9Digital Surge3.3CautionFrom 0.5%, free AUD fundingRequiredPayID / Osko, Direct bank deposit
10Coinmama3.9Commission plus card surchargeRequiredPayID / Osko, Direct bank deposit, Credit or debit card, Apple Pay, Google Pay
11CEX.IO4.0Maker-taker; card costs moreRequiredCredit or debit card

Full comparison in the Australia guide

Frequently asked questions

Is Kraken available in Australia?

Yes. Kraken ranks third of the 11 exchanges in our Australia guide, ranked on fees, security record and local payment support. Here it takes PayID / Osko, Direct bank deposit and Credit or debit card; PayID / Osko is the rail local buyers lead with. Our Australia guide was last reviewed 2026-08-23 and the Kraken review on 2026-08-23.

What payment methods does Kraken accept in Australia?

In Australia, Kraken takes PayID / Osko, Direct bank deposit and Credit or debit card. Worth knowing before you fund: Credit or debit card, 3.75 percent plus A$0.25 on top of the trading fee. These are the localized rails from our Australia guide, not the platform's global list.

What does Kraken charge?

Kraken Pro charges 0.25% maker and 0.40% taker below $10,000 in 30-day volume, falling from there. The simple Buy widget and card purchases include a spread and cost noticeably more.

Does Kraken require identity verification?

Yes. Identity verification is required to deposit fiat and trade. Our record marks this as the platform's own policy rather than a Australia rule, so it applies wherever Kraken operates.

Is bitcoin legal in Australia?

Bitcoin is fully legal in Australia. Exchanges must register with AUSTRAC and meet anti-money-laundering obligations, a requirement in force since April 2018, with expanded obligations under the 2024 AML reforms phasing in from July 2026.

Has Kraken had security incidents or regulatory action?

Our record for Kraken lists 10 dated events since 2020: 4 enforcement actions, 2 breaches, 2 licences, 1 resolved case and 1 proof-of-reserves attestation. The most recent, on 2026-06-30: Latest proof of reserves shows bitcoin backed at 102.9%. Each event carries a source on the Kraken review.

Kraken elsewhere in Oceania

Kraken ranks in 127 countries on this site. 12 of its 24 Oceania pages are linked here; the review lists all of them.

Sources