Kraken employs FX-style margin trading. This means that margin trading does not result in any exchange of currency in your account.
- If you open a long position with a leveraged buy order, you will not receive bitcoins in your account.
- If you open a short position with a leveraged sell order, bitcoins will not be deducted from your account.
Adjustments to your currency balances are usually made in the quote currency of the pair you are trading (i.e. EUR in the pair XBT/EUR).