Kraken launches recurring ACH deposits for most US customers
Kraken now lets eligible US clients schedule fixed ACH deposits from a Plaid-linked bank account, with no deposit fee and a seven-day hold before withdrawal.
Source-checked briefing: prepared from the official notice cited below and checked for source, date, duplication, and risk language. No individual editor review is claimed. Methodology
Kraken announced recurring ACH deposits on 10 November 2026 for US customers in USD, excluding customers in Maine and New York. Users set a fixed amount and a daily, weekly, every-two-weeks or monthly schedule, funded by ACH from a bank account linked through Plaid. The source states there is no fee on the deposit, funds are available to invest immediately and available to withdraw after 7 days, and nothing is bought when a deposit arrives. The source does not establish any required action for existing users; setting up a schedule is optional and described as a new feature. This content is for reference only and is not investment or trading advice.
On this page
- 01
Eligible users: US customers in USD, excluding customers in Maine and New York, on web and mobile.
- 02
Schedules: daily, weekly, every 2 weeks or monthly, with a fixed amount set at creation and a user-chosen start date.
- 03
Funding: ACH from a bank account linked through Plaid; an expired Plaid link must be reconnected first.
Key timeline
Kraken publishes the announcement of recurring ACH deposits.
First scheduled deposit is pulled from the linked bank account.
Deposited funds become available to withdraw, per the source.
Deadline to cancel an upcoming deposit, per the source.
Who may be affected
- US Kraken customers funding accounts in USD, except those in Maine and New York
- Customers who want fixed, scheduled transfers from a Plaid-linked bank account
Impact analysis
The direct operational change is that eligible US clients can create a standing authorization that debits a Plaid-linked bank account on a chosen schedule until cancelled. Because the amount is fixed at setup, changing it requires editing the schedule. Deposits arrive as account balance rather than as purchases, so the feature does not itself execute trades. Withdrawal access is delayed seven days after each deposit, while investing availability is immediate per the source. Cancellation timing matters: stopping an upcoming deposit requires cancelling at least 3 business days before its date. Users outside the stated US scope, or without a Plaid-linked bank account, are not described as eligible. This content is not investment or trading advice.
What the announcement does not say
The source does not disclose failed-deposit retry behavior, limits on deposit amounts or frequency, how schedules interact with bank holidays, or what happens if a linked bank account is closed or a Plaid link expires mid-schedule.
Risk notes
- A recurring deposit is a standing authorization that continues until cancelled; the source says cancellation must occur at least 3 business days before a scheduled date to stop that deposit.
- Funds are available to withdraw only after 7 days, so deposited money is not immediately withdrawable even though it can be invested right away.
- Eligibility depends on a bank account linked through Plaid; the source says an expired link must be reconnected before setup.
- This article is only for verifying official exchange announcements and is not investment or trading advice.
- This article verifies official exchange announcements and does not constitute investment or trading advice.
This article is for information only and is not investment, legal, or tax advice. Digital assets are volatile and may result in loss of principal.
Frequently asked questions
Does a recurring deposit buy anything automatically?
No. The source states nothing is bought when a deposit arrives; the money simply lands in the account balance.
Who can use recurring ACH deposits?
US customers in USD on web and mobile, excluding customers in Maine and New York, using a bank account linked through Plaid.
How do I stop an upcoming deposit?
The source says clients must cancel at least 3 business days before the scheduled date; schedules can also be paused, edited or cancelled at any time.
Official sources
Collected material is used only for fact checking. If this page differs from the original announcement, the official page controls.
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