In Australia, Kraken Derivatives is only available to persons who are ‘wholesale clients’ as defined in the Corporations Act 2001 (Cth). Any financial products described in, or services that may be referred to or provided in connection with, this page or any other Kraken Derivatives page are not made available to any person who is a ‘retail client’. The information provided about the Kraken Derivatives service is not intended to be distributed or passed on, directly or indirectly, to any class of persons in Australia other than wholesale clients.
If you have not yet verified your wholesale client status, please do so here.
In Australia, Beaufort Fiduciaries Pty Ltd (ACN 162 139 871, AFSL No. 545124) provides wholesale clients (as defined under the Corporations Act 2001 (Cth)) 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.
By using the derivative trading services known as Kraken Derivatives, you could lose your entire investment. You should not deposit fiat or digital assets that you cannot afford to lose. You should seek advice from an independent and suitably licensed financial advisor and ensure that you have the risk appetite, relevant expertise, experience and knowledge before you decide to access and use Kraken Derivatives.
You should not access and use Kraken Derivatives unless you understand the nature of the service and derivatives and the extent of your exposure to risk. You should also be satisfied that derivative financial products are suitable for you in light of your personal objectives, financial situation or needs. Please refer to the Risk Disclosure page for a detailed outline of the risks associated with Kraken Derivatives.
The Kraken Group including Bit Trade Pty Limited and Beaufort Fiduciaries Pty Ltd does not guarantee investment performance, earnings or return of collateral traded.