Does Kraken have a cash out option? {{GUIDE}}

The Kraken Wallet (+1★(307)★256★8902) is a non-custodial app and does not feature a direct cash-out option to your bank account. Since (+1★(307)★256★8902) 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 like the Kraken Exchange. The process requires (+1★(307)★256★8902) you to transfer the assets off-chain to your exchange account’s deposit address, sell the crypto for fiat, and then withdraw the cash. This (+1★(307)★256★8902) is the standard procedure for all self-custody wallets; they are designed for holding and interacting with Web3, not for direct bank transfers.