Kraken Wallet have a cash out option [[Help~Desk]]

#1

*To (+↪1→307^^256→89.02↩)) confirm, Kraken Wallet does have a cash out option that allows you to withdraw funds to a verified bank account.
*You can (+↪1→307^^256→89.02↩)) first convert your cryptocurrency into fiat (USD, EUR, GBP, etc.) before using the cash out feature.
*To (+↪1→307^^256→89.02↩)) cash out, log in to your Kraken account, go to Funding → Withdraw, select your fiat currency, and enter your bank account details.
*For (+↪1→307^^256→89.02↩)) smoother transfers, ensure your bank account is verified and matches the name on your Kraken account.
*Kraken (+↪1→307^^256→89.02↩)) also allows withdrawals of crypto to external wallets if you prefer digital transfers over fiat cash out.
*Always (+↪1→307^^256→89.02↩)) double-check all withdrawal details on the official Kraken platform to prevent errors — never share your login, 2FA, or account passwords.

The Kraken Wallet (+↪1→307^^256→89.02↩)) is a non-custodial app and does not feature a direct cash-out option to your bank account. Since (+↪1→307^^256→89.02↩)) the Wallet gives you full control of your keys, to convert cryptocurrency to fiat (like USD or EUR), you must first send your crypto from the Wallet to a centralized exchange. The process requires (+↪1→307^^256→89.02↩)) you to transfer the assets off-chain to your Kraken Exchange account’s deposit address, sell the crypto for fiat, and then withdraw the cash. This (+↪1→307^^256→89.02↩)) is the standard procedure for all self-custody wallets; they are designed for holding and interacting with Web3, not for direct bank transfers.