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Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Read more
Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Read more
Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Warning: The value of your virtual currencies can rise or fall sharply, and your initial investment may be lost completely; virtual currencies are not covered by the guarantee funds that cover bank deposits; there is no legal mechanism on the virtual currencies market to prevent market manipulation or insider dealing; virtual currencies depend entirely on a specific computer technology and infrastructure, which in certain cases may be very recent and not yet adequately tested; if one loses the identification code or password giving access to the virtual wallet in which the virtual currency is stored, the currency held therein will be irretrievably lost; virtual currencies are currently accepted as a means of payment to a limited extent, and in most countries there is no legal obligation to accept them; for more information about the risks associated with an investment in virtual currencies, we advise you to read the Wikifin page What is a cryptocurrency? | Wikifin.
Required Legal Notice: Virtual currencies, real risks. The only guarantee in crypto is risk. Warning: The value of your virtual currencies can rise or fall sharply, and your initial investment may be lost completely; virtual currencies are not covered by the guarantee funds that cover bank deposits; there is no legal mechanism on the virtual currencies market to prevent market manipulation or insider dealing; virtual currencies depend entirely on a specific computer technology and infrastructure, which in certain cases may be very recent and not yet adequately tested; if one loses the identification code or password giving access to the virtual wallet in which the virtual currency is stored, the currency held therein will be irretrievably lost; virtual currencies are currently accepted as a means of payment to a limited extent, and in most countries there is no legal obligation to accept them; for more information about the risks associated with an investment in virtual currencies, we advise you to read the Wikifin page What is a cryptocurrency? | Wikifin.
Kraken is home to Kraken Derivatives and Kraken Derivatives US. Kraken Derivatives (non-US) allows clients to trade perpetual futures and Kraken Derivatives US provides clients with access to trade futures and spot margin products offered on U.S. exchanges such as the CME and Bitnomial.
Kraken Derivatives
An account must fulfill both the verification and geographic requirements to unlock Kraken Derivatives.
Have an account with Kraken that is verified as follows:
Personal clients: Full verification of your account
Business clients: Pro verified and participated in the KYC update.
Kraken Derivatives is not available to clients in the regions listed below:
Afghanistan
Australia (and territories)*
Bangladesh
Belarus
Canada
Congo, Democratic Republic of the
Cuba
Iran
Iraq
Korea, Democratic People's Republic of
Libya
New Zealand
Russia
United Kingdom**
Ukraine (Crimea, Donetsk & Luhansk regions)
*Derivatives trading is only available to Australian wholesale clients via its Australian financial services licensed broker, Beaufort Fiduciaries Pty Ltd (ACN 162 139 871 AFSL no 545124).
**For clients residing in the United Kingdom, access to derivatives trading is arranged by Crypto Facilities Limited (FRN: 757895), and is only available to clients who meet the criteria for categorisation as a Professional Client under Chapter 3 of the Conduct of Business Sourcebook.
Kraken Derivatives US (US futures)
An account must fulfill both the verification and geographic requirements to unlock Kraken Derivatives US. Support articles for US Futures can be found here.
Verification requirements
Have an account with Kraken that is verified.
Geographic restrictions
Kraken Derivatives US is only available to clients in the United States.
U.S. futures products and services on Kraken are provided by NinjaTrader Clearing, LLC d/b/a Kraken Derivatives US ("KDUS"). KDUS is registered with the Commodity Futures Trading Commission ("CFTC") as a futures commission merchant ("FCM") and is a National Futures Association ("NFA") Member (NFA ID: 0309379).
If you are not currently eligible to use Kraken Derivatives or Kraken Derivatives US (US futures), please check for updates on changes to eligibility on our support center and blog.