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.

How does margin trading count toward Kraken VIP eligibility?

Last updated: 9 November 2026

From November 4, 2026 to December 31, 2026, margin trading volume on Kraken Pro counts double toward Kraken VIP eligibility for eligible US clients. You don’t need to sign up. It’s applied automatically.

What is changing?

During the campaign period:

  • Your margin trading volume on Kraken Pro counts double toward Kraken VIP eligibility.

  • Spot, futures, and other activity count at their usual rate.

  • All other Kraken VIP eligibility criteria stay the same.

For example, $100,000 of margin trading volume counts as $200,000 toward the margin threshold. Your volume is assessed over the usual rolling 90-day period, the same as the standard eligibility criteria.

Who does this apply to?

This applies to US clients who trade margin on Kraken Pro and aren’t Kraken VIP clients yet, including previous Kraken VIP clients.

It doesn’t apply to clients in Maine or New York, or in any other US state where margin trading isn’t available.

Do I need to sign up?

No. The change is applied automatically to your qualifying margin trading volume.

What does “eligible” mean?

Eligible means you can join Kraken VIP. If you become eligible, your Relationship Manager takes you through the next steps and onboarding.

Being eligible doesn’t guarantee a place in the program. Capacity is limited, and your Relationship Manager can tell you about the waitlist if spots are full.

What happens after the campaign ends?

If you become eligible during the campaign, you keep your eligibility under the campaign criteria for 3 months after it ends, until March 31, 2027.

This extension only covers clients who are eligible and have enrolled by December 31, 2026.

If you don’t meet the standard eligibility criteria after March 31, 2027, your Kraken VIP access and benefits are paused. The usual 30-day notice and 4-week remediation period don’t apply, because this extension runs until March 31, 2027.

What are the standard Kraken VIP eligibility criteria?

You may be eligible for Kraken VIP if you meet any one of the following on a rolling 90-day basis:

  • $10M+ average monthly balance, or

  • $7.5M+ rolling 30-day spot trading volume, or

  • Equivalent margin, futures, or other product activity.

Equivalent volumes by product:

Product

Monthly equivalent volume

Annual equivalent volume

Kraken Pro Spot

$7,500,000

$80,000,000

Kraken Pro Futures

$39,750,000

$476,700,000

Kraken Pro Margin

$1,700,000

$20,000,000

Kraken App

$500,000

$6,000,000

OTC Trade

$3,200,000

$38,500,000

These figures match the Kraken VIP Program page.

Margin trading carries risk, including the loss of more than your initial deposit.