![]() ![]() Upon successful login, you should be taken to an overview of your account, with information relating to your trade balance, position size and more. Add the bank account that you will make transfers to and from bank transfers and wires are the only accepted methods for depositing funds. ![]() Once this is complete you can move onto funding your account.Be sure to set up 2-Factor Authentication (2FA) which provides a secondary layer of security to your account.Documentation can be uploaded under the ‘Get Verified’ tab of your Kraken account and the verification time depends on the number of applications being processed and can take from a few days to over a week.For US residents, a Social Security Number is also required whilst in countries such as Germany or Japan require additional ID confirmation. In order to verify your account you are required to upload government issued forms of identification and a proof of residence. For an advanced account it’s necessary to: Advanced account users must go through an even strict verification process, in order to complete their registration. Kraken offers both basic and advanced accounts, to open a basic account users are required to give their full name, date of birth, address and phone number. The password must be at least 8 characters in length and contain letters, numbers, and special characters. Enter your details and await for the confirmation link to be sent to you. Click the tab and enter some general information including your email address and a desired password. On the top right corner of the Kraken landing page, you will find the “Create Account” tab. Kraken is also one of the few cryptocurrency exchanges to offer both margin lending with up to 5x leverage on trades and futures trading to US-based customer. Now, let’s understand the fundamentals of Kraken in a step-by-step process. The exchange offers 47 market pairs with seven base currencies ranging from the US dollar to the British Pound. With its headquarters in San Francisco and offices around the world, Kraken has the widest selection of digital assets and national currencies. Built on the trust and complete transparency, this exchange is one of the world’s largest and oldest bitcoin exchanges in the world. Kraken Digital Asset Exchange was founded in the year 2011, by Jesse Powell is regarded as one of the best Digital Asset Exchange’s in the world. In this post we take a look at How To Use Kraken Crypto Exchange To Buy And Sell Bitcoins! ![]()
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