Home / States / Michigan / Coinbase, Kraken & Robinhood

Coinbase, Kraken and Robinhood in Michigan

Coinbase, Kraken and Robinhood are available to Michigan residents.

Side-by-side facts from each company's own pages and state records. Alphabetical; this is not a ranking. Every line shows its source and the date we checked it.

Kraken

Available to Michigan residents?
YesChecked October 16, 2026 official source · details
Michigan license
License listed Payward Interactive, Inc.: Michigan Money Transmitter License MT0022200. Affiliate Payward Financial, Inc. also lists a Michigan Money Transmitter License (no number shown).Checked November 4, 2026 source · who's licensed in Michigan
Staking in Michigan
Yes On Kraken's list of states for onchain stakingChecked October 20, 2026 source
Sign-up notes and limits
Kraken does not serve Maine or New York residents. If you moved here from one of those states, Kraken asks for a Proof of Residence document for your new address.Checked November 4, 2026 source
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Common questions

Can I use Coinbase, Kraken and Robinhood in Michigan?

Coinbase, Kraken and Robinhood are available to Michigan residents. Based on each company's own state list; check dates are on the page.

Are Coinbase, Kraken and Robinhood licensed in Michigan?

From each company's own license page, checked November 4, 2026: Coinbase: license listed; Kraken: license listed; Robinhood: not listed. "Not listed" does not mean a company operates without authorization.

Can I stake crypto on Coinbase, Kraken or Robinhood in Michigan?

From each company's staking page: Coinbase: yes; Kraken: yes; Robinhood: yes.

Which one is best in Michigan?

We don't rank platforms. This page lists facts side by side in alphabetical order with sources. Ask the AI State Counselor for a cited answer about one platform in Michigan.

Informational only, not legal or financial advice. Availability and rules change; confirm on the company's own page before you sign up.

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