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 to unlock Derivatives trading for EEA clients

Last updated: May 26, 2025

This article will help you unlock Kraken Derivatives trading if you're located in the European Economic Area.

If you're an existing client, no action is required at this time. We'll contact you in the coming weeks with more information about the next steps for transitioning to our new regulated entity.

New clients registering with Kraken will follow a streamlined process to access MiFID II-regulated products:

  1. 1

    Account creation and verification: Complete the standard Kraken sign up process, including Tier 3 or Tier 4 verification.

  2. 2

    Questionnaire and tax information: If you select any MiFID II licensed products, you will be prompted to complete the appropriateness questionnaire and provide your TIN.

  3. 3

    Activate products: Once you complete the required steps, your chosen products will be unlocked with the appropriate regulatory protections based on your client classification.

Important:

Investment services in relation to derivatives are provided by Payward Europe Digital Solutions (CY) Limited (ex I.F. Greenfields Wealth Ltd) ("PEDSL-CY"). PEDSL-CY is authorised and approved by the Cyprus Securities and Exchange Commission (CySEC) for the provision of investment services. See Risk Disclosures here.

PEDSL-CY is authorised and regulated by the Cyprus Securities and Exchange Commission with licence number 342/17. PEDSL-CY is registered in Cyprus with registered number HE 356603 and registered office at Athalassas, 62, Mezzanine, Strovolos 2012, Nicosia, Cyprus

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