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.

Notice of trading suspension for Parallel Finance

Last updated: April 2, 2025

Parallel Finance

After careful consideration, we have decided to remove Parallel Finance (PARA) from our trading platform.

Here is what you need to know:

  • February 8th, 2024 at approximately 09:00 UTC: PARA/USD and PARA/EUR pairs went into cancel-only mode, meaning you were not be able to place new orders, but you could cancel any existing orders involving PARA.

  • February 9th, 2024 at approximately 09:00 UTC: PARA/USD and PARA/EUR pairs were permanently removed. Any open positions were automatically closed.

Note: Funding for PARA will remain live until further notice.

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