Kraken ERC20 deposit is a 3-step process that allows users to transfer USDT to their Kraken accounts through the Ethereum blockchain.
The process requires selecting USDT, choosing the correct network, and transferring the funds. 30 network confirmations are needed to complete the transaction.
Kraken ERC20 Funding Steps
Upon completing the Kraken verification, users gain access to multiple funding options, including USDT payments on the Ethereum network, directly through the Kraken exchange dashboard.
Kraken ERC20 deposit:
- Navigate to the funding section;
- Complete transaction details (amount, blockchain, asset, etc.) and initiate the transfer;
- Verify the payment details in the “Transactions”.
#1 Accessing the Payment Section
Click on the "Transfer" option located in the left-hand menu of the Kraken dashboard.
#2 Completing the Transaction Details and Initiating the Transfer
Follow the steps listed below:
- Select the "Deposit" tab;
- Choose "Tether USD" as the asset;
- Select "Ethereum" as the network;
- Copy the wallet address or scan the QR code to transfer funds from your personal wallet.
It’s important to note that the Tron blockchain is also available and traders can transfer funds via the Kraken TRC20 deposit method.
#3 Verifying Deposit Confirmation in History
To verify the payment, navigate to the "Transactions" section on the Kraken dashboard. Within this section, open the "History" tab to access recent transactions.
Review the transaction status to ensure it has been successfully confirmed and credited to your account.
TF Expert Suggestion
The Kraken ERC20 deposit process is completed within 6 to 10 minutes depending on the network load with a minimum funding of 7.1 USDT.
For a comprehensive overview of all available Kraken deposit and withdrawal methods, including detailed walkthroughs for both fiat and crypto transfers, visit the full Kraken tutorial center.
