How It Works
Recommended Networkpolygon
Withdrawal Fee0.6-2 USDC depending on network
Processing Time~2 minutes
Deposit from Kraken
- 1
1
Log in to your Kraken account and go to Funding.
- 2
2
Select the stablecoin you want to withdraw (USDC, USDT, or DAI).
- 3
3
Click Withdraw.
- 4
4
Open the Peanut app and copy your deposit address for the chosen network.
- 5
5
Paste the Peanut deposit address and select the matching network (e.g., Arbitrum One, Polygon, Solana, etc.).
- 6
6
Enter the withdrawal amount.
- 7
7
Review the fee shown for your selected network, then confirm with 2FA.
- 8
8
Funds typically arrive in Peanut within 1--10 minutes depending on the network.
Frequently Asked Questions
Related Pages
Last updated: 2026-02-26