BEGINNER-FRIENDLY GUIDES

How to Buy & Deposit
Cryptocurrency

Complete step-by-step guides to buying Bitcoin, Ethereum, and other cryptocurrencies โ€” and depositing them to your OldKraken account safely.

< 5 mins
Time to Start
Card / Crypto
Payment Methods
Bank-Grade
Security
200+
Supported Coins

Step-by-Step Guide

Follow these steps in order to buy cryptocurrency and get it into your OldKraken account.

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STEP 1 OF 4

Create Your OldKraken Account

Registration is free and takes less than 2 minutes.

1

Visit oldkraken.com and click "Create Free Account"

2

Enter your full name, email address, and a strong password (minimum 12 characters)

3

Check your email inbox for a verification link and click it to confirm your account

4

Log in to your new account and enable Two-Factor Authentication (2FA) for security

5

You are now ready to deposit cryptocurrency!

Pro Tip: Use a password manager to generate and store a unique, strong password for your account.

Buying Crypto with a Credit or Debit Card

The easiest way to get your first cryptocurrency is with a card. Here's how to do it safely.

Recommended Card Purchase Services

MoonPayMost Popular

Simple interface, supports Visa/Mastercard. Available in 150+ countries. Fees: ~4.5%.

SimplexFast

Instant processing, no chargebacks. Supports 50+ cryptocurrencies. Fees: ~3.5โ€“5%.

TransakLow Fees

Global coverage, low fees in many regions. Fiat-to-crypto in minutes. Fees: ~1โ€“5%.

Ramp NetworkEurope

Excellent European coverage. Bank transfers and cards accepted. Fees: ~2.5%.

Step-by-Step: Card to OldKraken

Visit MoonPay.com or your preferred card purchase service
Select USDT (TRC-20) or Bitcoin as your destination cryptocurrency
Enter the amount you want to buy in your local currency (min. $20)
Enter your credit/debit card details securely on the provider's site
Provide your external wallet address OR your OldKraken deposit address
Complete the purchase โ€” crypto arrives within 5โ€“30 minutes
Log into OldKraken, go to Deposit, and confirm receipt of funds
Your balance will be credited after our security review (usually within 1 hour)

๐Ÿ’ก Tip: We recommend USDT on TRC-20 network for the lowest fees and fastest processing when making your first deposit to OldKraken.

VIDEO TUTORIALS

Watch & Learn

Visual step-by-step tutorials from trusted crypto educators. Click any video to watch.

How to Buy Bitcoin for Beginners (2024)
12:34

How to Buy Bitcoin for Beginners (2024)

Crypto Tips ยท YouTube

How to Deposit Crypto to an Exchange โ€” Step by Step
8:47

How to Deposit Crypto to an Exchange โ€” Step by Step

CoinBureau ยท YouTube

How to Buy Crypto with Credit Card โ€” Full Guide
10:22

How to Buy Crypto with Credit Card โ€” Full Guide

BitBoy Crypto ยท YouTube

Cryptocurrency Basics โ€” What is Bitcoin?
6:15

Cryptocurrency Basics โ€” What is Bitcoin?

Simply Explained ยท YouTube

Frequently Asked Questions

Q: What is the minimum deposit amount?

A: Minimum deposits vary by cryptocurrency. For USDT, the minimum is $10 worth. For Bitcoin, the minimum is 0.0001 BTC. There is no maximum deposit limit.

Q: How long does a deposit take?

A: Bitcoin deposits typically take 30โ€“60 minutes after 3 blockchain confirmations. USDT on TRC-20 takes 5โ€“10 minutes. Ethereum typically takes 10โ€“20 minutes. All deposits are also reviewed by our security team, which usually adds no more than 1 hour.

Q: Can I buy crypto with a credit card directly on OldKraken?

A: OldKraken currently accepts cryptocurrency deposits. To buy with a credit card, we recommend using MoonPay, Simplex, or Transak to purchase crypto and then sending it to your OldKraken deposit address.

Q: Is my money safe on OldKraken?

A: Yes. OldKraken uses 95% cold storage for client funds, AES-256 encryption, two-factor authentication, and manual withdrawal review. We are a sister platform of Kraken.com โ€” one of the most trusted exchanges since 2011.

Q: What cryptocurrencies can I deposit?

A: OldKraken supports 200+ cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), USDT, USDC, BNB, Solana, XRP, Cardano, Dogecoin, and many more. Check the Deposit page for a full list.

Q: How do I withdraw my funds?

A: You can request a withdrawal from your dashboard at any time. All withdrawal requests are reviewed by our security team to protect client funds. Processing usually takes 1โ€“24 hours after request.

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Ready to Get Started?

Sign in to your OldKraken account to view your recovered assets and follow the steps to withdraw your funds.