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.

Flexline collateral levels

Last updated: 3 сакавіка 2026 г.

Borrowed assets from Flexline go directly into your main wallet. This means that you have the flexibility to trade them, move them to Kraken Futures (where available), use them in Earn, or withdraw them. However you may be restricted from certain actions that would decrease your available margin below zero. This is due to Kraken’s funding model. Both margin trading and Flexline operate under the same funding framework, with borrowing capacity determined by a shared available margin balance. You can view the available margin figure in the portfolio view within the web, mobile, or desktop apps.

Trading

As mentioned, Flexline borrowed assets go directly into the spot wallet and are directly fungible with other balances of the same currency. Since all assets in the main wallet are considered eligible collateral, trading from one currency to another results in a decrease in available margin if trading from an asset with a lower collateral haircut to one with a higher collateral haircut. For a list of these collateral haircuts, please see here.

Withdrawing

Withdrawals have a significant impact on available margin since withdrawn funds are no longer considered as eligible collateral. Therefore you will be limited in the funds able to be withdrawn dependent on main wallet balance, unrealized PnL of margin positions, and outstanding Flexline loans. The maximum withdrawal amount per currency is displayed in the withdrawal page of that currency.

Flexline collateral levels

Trading

Withdrawing

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