Kraken Wallet

Wallet Kraken
Updated
Wallet type
Multi-platform wallet
Custody
Non-custodial
Networks
  • BNB Smart Chain
  • Avalanche
  • Bitcoin
  • Ethereum
  • Arbitrum
  • Base
  • Optimism
  • Polygon
  • Solana
Platforms
  • iOS
  • Android

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Kraken Wallet Overview

Product Name
Kraken Wallet
Parent Company
KrakenKraken
Release Date
2024
Wallet Type
Multi-platform wallet
Custodial Status
Non-custodial
Built-in Swaps
Yes
Source code
Fully open-source
Fiat On-ramp
No
Website
kraken.com

Additional details

Supported Cryptos
Bitcoin
Supported Blockchains
BNB Smart Chain, Avalanche, Bitcoin, Ethereum, Arbitrum, Base, Optimism, Polygon, Solana
Token Standards
ERC-20, SPL
Platforms
iOS, Android
Hardware Wallet Support
No
Staking Support
Limited

Kraken Wallet Review

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Kraken Wallet About

Kraken Wallet is a self-custody crypto wallet from Kraken built for users who want onchain access without relying on an exchange account for storage. It is available on the web, iOS and Android.

Kraken Wallet is separate from the Kraken exchange. Kraken released the mobile wallet's source code under the MIT license at its April 2024 launch. As of October 24, 2026, its GitHub repository and releases page returned 404 errors, leaving current source-code access unconfirmed. The historical mobile release does not establish source availability for the web app.

The seed phrase wallet supports Bitcoin, Ethereum, Solana, Ink, Base, BNB Smart Chain, Robinhood Chain, Polygon, Arbitrum One, Avalanche C-Chain, Linea, Optimism, and Dogecoin, with NFT support on Solana and supported EVM networks. For Blast, seed phrase wallets retain existing activity but cannot create a new request to receive funds.

Kraken Wallet supports swaps and decentralized applications, with native Solana, EVM and cross-chain swap routes. It also provides access to curated DeFi Earn vaults. Network and feature availability depend on wallet type and jurisdiction. Full feature parity between the web and mobile versions is unconfirmed. As a hot wallet without hardware wallet connections, it leaves signing keys exposed to device compromise and cannot prevent a user from approving a malicious transaction. Other hot wallet options support hardware signing.

Kraken also offers an optional embedded wallet accessed with email, Google, Apple, or a passkey. Its private keys can be exported from Settings. Embedded wallets do not support Blast or Dogecoin. Seed phrase and embedded wallets can coexist in the app.

Seed phrase wallets support 12-, 18-, or 24-word recovery phrases. On iPhone, version 2.0 introduced password-encrypted iCloud Drive backup files in August 2026. The September 16 update also includes encrypted cloud backup through Google Drive. Keep a separate manual backup of the recovery phrase because Kraken cannot recover a lost phrase or backup password.

Older passkey-based iCloud backups have a separate recovery limitation. Kraken's May 20, 2026 guidance and current troubleshooting notice warn that Import from iCloud can fail on a new or reinstalled device after an iOS update, with a fix still in progress. The affected flow stores its backup in a passkey. The notices do not establish the same failure for the newer password-encrypted iCloud Drive files.

Kraken Wallet Team

Parent company
CEX

Kraken is a U.S.-based cryptocurrency exchange operated by Payward, Inc.