Kraken launches automatic bank deposits for US users

Kraken has launched recurring bank auto-deposits for its U.S. users, letting customers set a fixed deposit amount and schedule with no deposit fees, and pause or cancel a plan at any time. The feature is aimed at building habitual, dollar-cost-averaging-style inflows into crypto trading accounts. It matters because recurring fiat on-ramps are a key lever for exchanges competing to lock in retail deposits and steady trading volume. Next, watch whether Kraken extends the feature to more regions and adds support for recurring crypto purchases or staking allocations.