How to buy crypto with Kraken
Kraken offers lower fees when you fund by bank transfer, and sends crypto to external wallets. A little more involved than Coinbase, but cheaper.
Send crypto to any external wallet address.
💬 We may earn a commission from the links below, at no extra cost to you. It never changes our one rule: only providers that can send crypto to an external wallet can actually fund a casino. Full disclosure.
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Before you start
Have these ready so you don’t get stuck halfway:
- Your phone and a few minutes of quiet.
- A government photo ID (passport, ID card or driver’s licence) for identity checks (KYC).
- A payment method: bank transfer (SEPA) or card.
- The casino’s crypto deposit address and the network it asks for (you’ll grab this in Step 4).
Your crypto guideTip from me: do your very first send as a tiny test amount. Once it lands, send the rest with confidence.
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Create your Kraken account & verify your identity (KYC)
Sign up with your email or phone number and set a strong password. You’ll then be asked to verify your identity — this is normal and required by law.
- Enter your email/phone and create a password.
- Complete identity verification: photograph your ID and take a selfie when prompted.
- Verification is usually quick, but can occasionally take a few hours.
What you’ll see: A “verified” confirmation, then your main dashboard.
[SCREENSHOT: Kraken sign-up / identity verification screen] -
Add money
Fund your Kraken account so you can buy crypto.
- Go to “Funding”, choose your currency and deposit by SEPA bank transfer (cheapest) or card.
- Bank deposits can take a few hours; cards are instant but pricier.
What you’ll see: Your local-currency balance updates once the deposit clears.
[SCREENSHOT: Kraken deposit / add funds screen] -
Buy USDT
USDT is the digital dollar — its value barely moves, so it’s the safest coin for paying a casino.
- Search for “USDT” (Tether).
- Enter the amount and confirm the purchase.
- Your USDT balance appears in your account.
What you’ll see: A USDT balance roughly equal to the dollars you spent (minus fees).
[SCREENSHOT: Kraken buy USDT confirmation] -
★ Send USDT to the casino deposit address
This is the important step. You’ll copy the casino’s address and send your USDT to it — on the matching network.
- In the casino cashier, choose “Deposit” → USDT, and copy the deposit address. Note the NETWORK it shows (often TRC-20 (Tron)).
- In Kraken, choose “Send” / “Withdraw” crypto and select USDT.
- Paste the casino address. Select the SAME network the casino showed.
- Send a small test amount first. Once it arrives, send the rest.
What you’ll see: A “transaction sent” confirmation with a status that moves to “completed”.
[SCREENSHOT: Kraken send/withdraw — address + network selection] -
Confirm it arrived — you’re ready
Within a few minutes your USDT shows up in the casino balance. That’s it — paying in crypto really is this simple.
- Check the casino balance updated.
- To withdraw winnings later, you reverse the flow: request a crypto withdrawal to your wallet/exchange address.
What you’ll see: Your deposit credited in the casino cashier.
Your crypto guideNice work. Next time you can skip straight to Step 4 — the account is already set up.
Troubleshooting
My identity verification is stuck
Make sure your ID photo is sharp, uncropped and well-lit, and your selfie matches. If it’s still pending after a few hours, contact provider support — it usually clears.
My card payment was declined
Some banks block crypto purchases. Try a bank transfer instead, or call your bank to approve the payment. A different card sometimes works too.
I bought crypto but can’t find it
Check the “Assets”, “Wallet” or “Portfolio” tab. Newly bought USDT sits there until you send it.
I think I sent on the wrong network
Stop and contact both the casino and your provider immediately with the transaction ID. Recovery isn’t guaranteed — which is exactly why you send a small test amount first.