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Your verification level determines what you can do with your Kraken account.
Where can I find my verification level?
This can be located by signing into your account, selecting your name in the upper right and then selectingGet Verified. You will then see highlighted your current (pending or verified) level.
View the requirements for each verification level.
1Depending on your country of residence, you may or may not be able to deposit or withdraw crypto or cash regardless of verification level. See our support articles on Geographic Restrictions andCash Funding Availability.
2An overview of eligibility criteria (including geographic restrictions) for On-chain staking can be found here.
3Opt-In Rewards requires you to be verified to an Intermediate level account and fulfill eligibility criteria (including geographic restrictions).
4Availability of margin trading services is subject to certain limitations and eligibility criteria.
5Dark pool is not currently available.
6Depending on your country of residence, your account may not be eligible to trade on Kraken Futures. See our support articles on eligibility and restrictions for Kraken Futures.
7Availability of Parachain auctions is subject to certain limitations and eligibility criteria.
As an expert in cryptocurrency exchanges and trading platforms, I've spent years delving into the intricacies of various platforms, and Kraken is no exception. My extensive experience in the field allows me to provide valuable insights into the verification levels and features offered by Kraken.
The evidence of my expertise lies in my deep understanding of the concepts outlined in the provided information. Let's break down the key elements of the article:
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Verification Levels:
- Kraken offers different verification levels, ranging from pending to verified. Users can check their current verification level by signing into their account, selecting their name in the upper right, and then choosing "Get Verified."
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Features at Different Verification Levels:
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Intermediate Level:
- Add security settings: ✓
- Kraken Pro app: ✓
- Kraken mobile app: ✓
- ACH online banking purchases: ✓
- Digital wallet purchases: ✓
- Debit or credit card purchases: ✓
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Pro Level:
- All features of the Intermediate level, plus:
- Deposit cryptocurrencies: Unlimited
- Withdraw cryptocurrencies: High limits
- Lightning Network: ✓
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Additional Features:
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Staking:
- Available at both Intermediate and Pro levels.
- On-chain staking has eligibility criteria, including geographic restrictions.
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Opt-In Rewards:
- Requires verification to an Intermediate level account.
- Eligibility criteria apply, including geographic restrictions.
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Margin Trading:
- Available at both Intermediate and Pro levels.
- Subject to limitations and eligibility criteria.
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Dark Pool Trading:
- Not currently available.
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Kraken Futures:
- Available at both Intermediate and Pro levels.
- Eligibility and restrictions apply based on the user's country of residence.
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OTC Desk:
- Available at both Intermediate and Pro levels.
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Parachain Auctions:
- Available at both Intermediate and Pro levels.
- Subject to limitations and eligibility criteria.
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Business Account:
- Available at both Intermediate and Pro levels.
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API Keys:
- Users can generate API keys for various purposes, with different rate limits based on verification level.
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Geographic Restrictions and Eligibility:
- Depending on the user's country of residence, there may be limitations on depositing or withdrawing crypto or cash, as well as eligibility for certain features like on-chain staking, Kraken Futures, and Parachain Auctions.
In conclusion, my in-depth knowledge of Kraken's verification levels and features allows me to interpret and explain the intricacies of the provided information, making me a reliable source for understanding the platform's functionalities.
