# Kraken partners with Mesh to streamline crypto deposits

No more address copying when depositing cryptocurrency

- **Source:** [Kraken Blog](https://brifing.si/source/d5b3c3d8-9f4f-4485-9bd1-50ba4c5fe7ae)
- **Published:** 2026-08-13
- **Topic:** [Finance](https://brifing.si/c/finance)
- **Original article:** <https://blog.kraken.com/news/kraken-partners-with-mesh-to-simplify-crypto-deposits>
- **On Brifing:** https://brifing.si/s/fc9625f8-427c-4e27-b213-4290f071daef

## The new way to deposit crypto

Thanks to the new partnership between Kraken and Mesh, users can now deposit cryptocurrency directly from another exchange. Instead of the traditional address copying method, the deposit screen offers a 'Another exchange' option. Users can securely log in and complete the transfer easily. Mesh's SmartFunding feature allows automatic completion from other balances even if there isn't enough of a single token.

## Risks of address copying

Traditional crypto deposit processes required users to copy long wallet addresses character by character. Choosing the wrong network or a single character mistake could lead to irreversible losses. Such friction made experienced investors cautious and sometimes prevented new users from transferring funds altogether. Mesh integration eliminates these risks.

## How it works

After selecting the asset and network on the deposit screen, users choose the 'Another exchange' option. In the secure Mesh window that opens, they select the sending exchange and log in (platforms like Coinbase open their own login window). After choosing the amount and confirming, the transaction is sent directly to the Kraken address via blockchain. The process can be canceled at any point.

## SmartFunding advantage

Mesh's SmartFunding feature enables users to make full deposits even without sufficient balance in a specific token. For example, a user wanting to deposit 10,000 USDC with only 7,000 USDC available can have the system automatically convert 3,000 USDC worth from other assets on that exchange. Of course, the relevant exchange's trading and network fees apply.

## Technical infrastructure

This new feature is built on Mesh's crypto payment network. Mesh facilitates connections between exchanges, allowing platforms like Kraken to securely transfer crypto between accounts. Users log in to other exchanges (including two-factor authentication) through Mesh. Kraken doesn't see or store passwords for other platforms.

## Current status and future

Currently only Coinbase integration is available (depending on local availability), but more exchanges will be added soon. Users can continue using the traditional wallet address method for unsupported exchanges. The feature is currently available on Kraken's website, with mobile support coming soon. Kraken doesn't charge for this service, but other exchanges' withdrawal or network fees may apply.

## Steps to try it

1) Log in to Kraken and go to Deposit. 2) Select Crypto, then choose the asset and network. 3) On the 'Deposit from' screen, select 'Another exchange'. 4) Log in to the relevant exchange in the secure Mesh window, choose the amount, and confirm. For details and FAQs, check Kraken's support article on depositing from another exchange.

## Importance for the industry

This collaboration has significant potential to improve user experience in the crypto sector. By removing technical barriers of traditional methods, it aims to reach wider audiences. As Mesh's payment infrastructure integrates with more exchanges, a more fluid fund transfer network could emerge in the crypto ecosystem. Such developments could accelerate mass adoption by making cryptocurrencies easier to use daily.

## Sources covering this story

- https://blog.kraken.com/news/kraken-partners-with-mesh-to-simplify-crypto-deposits — 

---

_Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._
