In this guide, we will show you exactly which countries are restricted and banned from using Kraken.
Kraken is a popular crypto exchange with millions of users around the world. However, some countries and areas are not supported on the platform.
Some countries restricted from using Kraken include North Korea, Russia, Belarus, and more.
Read on to learn more about Kraken’s restrictions and limitations.
Kraken Restricted Countries
Below, you will find a list of Kraken-restricted countries as of 2024, according to the official Kraken legal page, as stated in the following section: 1. Eligibility; Account
- Crimea
- Iran
- Luhansk
- North Korea
- Russia
- Belarus
- Syria
Kraken Supported Countries
Kraken is available in over 180 countries from all around the world. What we love about Kraken is their page where they list every supported country.
Check out the full list of Kraken supported countries here.
Is Kraken Regulated & Licensed?
Kraken is one of the largest crypto exchanges, with over 40 million registered users and a daily trading volume reaching over $4 billion. Currently, Kraken is located in San Francisco, US.
Kraken is regulated in the United States and Europe.
Kraken is a regulated crypto exchange. FinCEN has granted Kraken a Money Service Business license (MSB), with the registration number 31000239561651. Additionally, Kraken has obtained an MSB license from FINTRAC in Canada.
In Europe, Kraken has received an EU E-Money license and VASP license in Spain.
Additionally, Kraken operates as a Financial Conduct Authority (FCA) in the United Kingdom.
Does Kraken Require KYC?
Yes, Kraken requires KYC verification. Without verifying your identity, you can not use Kraken at all.
In order to verify your identity on Kraken, you must submit the following details:
- ID, Passport or Drivers License
- Proof of address (Bank statement or Utility Bill)
- Facial Recognition (Selfie)
After you have successfully completed the Kraken KYC verification process, you will have full access to the crypto exchange.
Is Kraken available in the United States?
Yes, Kraken is available in the United States. If you are a US citizen, you can use Kraken to buy and sell digital assets with ease.
Is Kraken available in Canada?
Yes, Kraken is available in Canada. If you are a Canadian citizen, you can use Kraken to buy and sell digital assets with ease.
Is Kraken available in the United Kingdom?
Yes, Kraken is available in the United Kingdom. However, UK citizens are restricted from using Kraken derivatives trading, meaning they can not trade crypto futures with leverage.
If you are from the UK and are seeking a reliable crypto futures exchange with leverage, we recommend you look into Bitget or BingX.
Can I Use Kraken with a VPN?
Yes, Kraken can be used with a VPN. However, you can only use a VPN if you are a citizen of a Kraken-supported country. If you are a citizen in one of Kraken’s restricted jurisdictions, you can not use the exchange, even with a VPN.
Users from restricted countries can not verify their identity on Kraken and, therefore, cannot use any of its services.
