Kraken Available Countries

Kraken Available Countries

Kraken is a globally accessible cryptocurrency exchange known for its broad suite of trading features, robust security, and extensive cryptocurrency offerings. The availability of Kraken services varies depending on the country due to various regulatory restrictions, and its services can differ significantly depending on your location. For example, some jurisdictions can create accounts but can't deposit fiat currencies. To check if your country can access all of Kraken’s services, visit its supported countries.

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Kraken Restricted Countries

Kraken is widely accessible, but usage restrictions apply in some jurisdictions due to local regulations. Users from the U.S. states of New York and Washington cannot use Kraken because of regulatory constraints. In addition, some countries, including Crimea, Cuba, Donetsk, Iran, Luhansk, North Korea, Sudan, and Syria, also restrict the use of Kraken due to their specific legal and regulatory environments. Please note that this information may change, and it's always advisable to check Kraken’s terms of service to see the most updated information.

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Does Kraken Require KYC?

Yes, Kraken mandates Know Your Customer (KYC) procedures for users wishing to access its Intermediate and Pro level services, akin to the rigor of opening a bank account. To utilize Kraken, individuals must be at least 18 years old and reside within a supported region. The verification process for these levels necessitates a comprehensive set of documents including email, full name, date of birth, phone number, physical address, and, if applicable, occupation information.

Additionally, U.S. clients are required to provide their social security number or tax ID. Verification also includes submitting a valid ID, proof of address, and a face photo, with the latter two potentially being subject to further requirements based on one's country of residence and specific regulatory mandates.

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Where is Kraken Located?

Kraken is a cryptocurrency exchange headquartered in San Francisco, California, USA, offering comprehensive digital asset trading services since its establishment in 2011. Esteemed for its advanced security measures, extensive selection of cryptocurrencies, and accessibility, it services clients globally, although certain services and operations may be region-specific due to regulatory considerations.

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Closing Thoughts

To conclude, Kraken provides services to over 190 countries globally, including the US, but it has restrictions in certain states. As a global trading platform, it can be used in 15 languages, such as English, Spanish, Mandarin, Portuguese, Turkish, Polish, and more. There are over 50 fiat currencies supported on the exchange, which include USD, EUR, GBP, AUD, NZD, CAD, INR and MYR.