Transferring funds to and from the Futures wallet

Transferring funds to and from the Futures wallet

In order to trade on the Kraken Futures platform, you’ll need to transfer funds to your Futures wallet. You can think of the Futures wallet as a special part of your Kraken account that holds funds you wish to use to trade futures contracts. Its balance is separate and can only be used to trade futures contracts.

Transfers to and from your Futures wallet are seamless, but may take a few minutes to complete.

Transferring funds to your Futures wallet

To transfer funds to your Futures wallet from your main Kraken spot wallet you have to do the following:

1. Navigate to the “Funding” tab and select “Transfer”:

BitcoinTransferSquid.png

2. Select the cryptocurrency you wish to transfer

3. Enter the amount you wish to transfer

4. Click the “Review Transfer”-button and then the “Confirm Transfer”-button. Note: if you have 2FA for deposits and withdrawals enabled, you will have to enter your 2FA code to transfer funds to your Futures Wallet. 

reviewethtransfersquid.png

5. You’ll receive a notification at the top of the page to confirm that the transfer was successful. You can see a list of your past transfers on the ‘Transfer’ tab.

6. Launch Futures from the ‘Trade’ tab to see your funds in Kraken Futures.

7. The funds will have landed in your Futures wallet:

fundscreditedtofutureswallet.png

8. In order to open a position you’ll need to move funds to your Trading wallet:

transferfromfuturestotrading.png

Read here about how to transfer funds to your Trading wallet.

Transferring funds from your Futures wallet

To transfer funds from your Futures wallet back to your Kraken spot balance, you have to do the following:

1. Navigate to “Wallets” on the Futures interface and select “Withdraw” for the cryptocurrency you wish to transfer

Withdraw_button.png

2. Enter the amount you wish to transfer

3. Review the transfer and click “Withdraw to Kraken”Withdraw_dialogue.png

4. You will get a confirmation that the transfer was requested. Click “View status on Kraken” to see the transfer in your Spot Wallet

Withdraw_confirmation.png

5. The funds will have landed in your Spot Wallet:

Transfer_completed_on_Kraken.png

The transfer minimums between your Kraken Spot Wallet and the Futures wallet are:

Cryptocurrency/digital asset

Minimum

XBT/BTC

0.004

BCH

0.004

ETH

0.004

LTC

0.01

XRP

1.5