In Australia, Beaufort Fiduciaries Pty Ltd (ACN 162 139 871, AFSL No. 545124) provides wholesale clients with access to derivatives where the underlying assets are digital assets. Derivatives are complex, regulated financial products that are difficult to understand and may not be suitable for inexperienced investors. For eligibility, terms and conditions click here. Krak Pay is offered by Bit Trade Australia Pty Ltd (ACN 163 237 634), Authorised Representative of Flexewallet Pty Ltd (AFSL 448066). This information is general in nature and does not take into account your personal objectives, financial situation or needs. You should consider whether it is appropriate for you and read the relevant disclosure documents before making any decision.

I opened a spot position on margin, but why is there no change to my currency balances?

Last updated: March 31, 2025

If you open a spot position on margin, there will be no debits or credits to your account “balances” tab, aside from the fees associated with the trade (including the fees specific to spot transactions on margin). Instead, assets you receive when trading on margin will be reflected in your open “positions” tab until you have satisfied the obligations under your margin extension by closing your position through position settlement or one or more closing transactions.

You can find more information about the distinction between your “balances” and “positions” tab here.

The availability of margin trading services is subject to certain limitations and eligibility criteria.

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