Kraken in Uruguay
- Rank in Uruguay
- #2 of 4
- Bitcoin in Uruguay
- Legal
- Our rating
- 4.7
- Review updated
- 2026-08-23
Yes. Kraken serves Uruguay and ranks second of the 4 exchanges in our Uruguay guide, on fees, security record and local payment support. Here it takes Credit or debit card. 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.
How to pay on Kraken in Uruguay
The deposit rails Kraken offers to buyers in Uruguay, from our Uruguay guide reviewed 2026-08-12. Each one links to how that rail works here.
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.
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.
- Proof of reserves
Latest proof of reserves shows bitcoin backed at 102.9%
- Breach
Kraken refuses extortion after two support staff misused internal systems
- Licence
Kraken wins a MiCA licence from the Central Bank of Ireland
- Resolved
SEC drops its unregistered exchange case against Kraken
- Enforcement
Australian court finds Kraken's local operator broke product rules, AUD 8 million penalty
Is bitcoin legal in Uruguay?
Bitcoin is legal in Uruguay and now has a statutory framework. Law No. 20,345 of September 2024 regulates virtual assets, defines virtual asset service providers, and places them under the supervision of the Central Bank of Uruguay (BCU) through its Superintendency of Financial Services, with prior authorization required to operate. The BCU has been developing implementing regulations since opening a consultation in 2025, and it has made clear that crypto assets are not legal tender.
Every exchange we rank in Uruguay
Ranked by our editorial review of fees, security record and local payment support. Rankings are never sold.
| # | Exchange | Rating | Fees | ID check | Pays with |
|---|---|---|---|---|---|
| 1 | Binance | 4.2 | From 0.1% spot, maker and taker | Required | Bank transfer in pesos or US dollars, Credit or debit card, P2P trades |
| 2 | KrakenThis page | 4.7 | From 0.25% maker, 0.40% taker | Required | Credit or debit card |
| 3 | Coinmama | 3.9 | Commission plus card surcharge | Required | Bank transfer in pesos or US dollars, Credit or debit card |
| 4 | CEX.IO | 4.0 | Maker-taker; card costs more | Required | Credit or debit card |
Frequently asked questions
Is Kraken available in Uruguay?
Yes. Kraken ranks second of the 4 exchanges in our Uruguay guide, ranked on fees, security record and local payment support. Here it takes Credit or debit card. Our Uruguay guide was last reviewed 2026-08-12 and the Kraken review on 2026-08-23.
What payment methods does Kraken accept in Uruguay?
In Uruguay, Kraken takes Credit or debit card. These are the localized rails from our Uruguay 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 Uruguay rule, so it applies wherever Kraken operates.
Is bitcoin legal in Uruguay?
Bitcoin is legal in Uruguay and now has a statutory framework. Law No. 20,345 of September 2024 regulates virtual assets, defines virtual asset service providers, and places them under the supervision of the Central Bank of Uruguay (BCU) through its Superintendency of Financial Services, with prior authorization required to operate.
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 South America
Kraken ranks in 127 countries on this site. the review lists all of them.
Sources
- Kraken fee schedule
- Bloomberg: Kraken said to prepare for IPO
- Value Add VC: Kraken IPO and valuation analysis
- Kraken security practices
- Kraken: Washington state launch (July 2025)
- Presidencia de Uruguay: Ley No. 20.345, se regulan los activos virtuales
- Compliance Latam: Uruguay, law regulating virtual assets
- Guyer & Regules: BCU opens consultation on rules for virtual asset providers
