Kraken Wallet review
A free mobile wallet for self-custody, dApps, token swaps, DeFi and NFTs.
Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
Kraken Wallet is a mobile self-custody wallet for people managing supported crypto assets and interacting with decentralized applications. It is suited to solo users who want seed phrase or embedded wallets on iOS or Android, with the option to link an eligible Kraken account for transfers. A Kraken account is not required to create a wallet. Seed phrase wallets use a recovery phrase controlled by the user; embedded wallets are accessed through supported sign-in methods and allow private-key export.
The wallet covers several onchain activities in one mobile app: users can hold and transfer supported assets, connect to decentralized applications through WalletConnect, swap tokens, and view supported DeFi positions and NFTs. Seed phrase wallets also have encrypted cloud backup. This breadth may suit users looking for a mobile entry point to apps and assets rather than a wallet focused only on storage or transfers. Functionality and availability vary by network, wallet type, and region, so the fit depends on which supported assets and features a user needs.
Kraken Wallet is free and open source, and its platform scope is mobile-only. Its support channel is community-based, so buyers who prioritize direct support or desktop access may prefer another option. The published description also distinguishes the two wallet types: users who want control through a recovery phrase can choose a seed phrase wallet, while those preferring sign-in access can create an embedded wallet and retain the ability to export its private key. Choose Kraken Wallet for mobile self-custody and a link to an eligible Kraken account; look elsewhere if desktop use or broader support options are essential.
Kraken Wallet pros and cons
- Where it wins
- Create or import seed phrase wallets, or create embedded wallets
- Connect to dApps, swap tokens, and view supported DeFi positions and NFTs
- Encrypted cloud backup for seed phrase wallets; open source
- Where it doesn't
- Available on iOS and Android only
- Support is community-based
- Features and availability vary by network, wallet type, and region
Kraken Wallet fact sheet, pricing and score →
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