| Derivatives, Pro

Crypto-powered perpetual futures now live on Kraken Pro in EU

More flexibility. More capital efficiency. MiFID-regulated.

A major unlock for your trading strategy

Later this month, Kraken Pro clients in the EU will be able to utilize cryptoassets — such as BTC, ETH and certain stablecoins — to support their USD-margined perpetual futures trading when trading more than 150 perpetual futures markets.

This will make Kraken Pro one of the first regulated platforms in Europe to use crypto holdings to power their USD-margined perpetual futures activity, combining flexibility, speed and capital efficiency — all while complying with Europe’s robust regulatory standards.

As one of the first platforms to deliver a regulated crypto derivatives offering under MiFID II in Europe, this marks another proof point in Kraken’s commitment to providing a regulated and innovative futures trading platform for clients across the EU.

This crypto-powered funding capability gives Kraken Pro clients more ways to trade and develop the futures trading strategy that fits their unique goals.

Why trade with crypto-powered USD margin??

Crypto-powered futures offer a new level of efficiency for individuals and institutions alike.

Instead of converting crypto to fiat, clients can now leverage the value of their digital assets — such as BTC, ETH or stablecoins — to support USD-margined perpetual futures positions.

This ultimately helps to unlock capital faster and maintain your underlying crypto exposure more effectively, as you can:

  • Use the value of your cryptoassets to secure your USD-margined trading
  • Hedge exposure and diversify across assets with one unified account
  • Optimize capital efficiency through cross-asset leverage capabilities

Crypto capital working harder

Whether you’re an individual trader looking for greater control over your portfolio or an institution optimizing for trade execution and treasury strategies, crypto-powered collateral helps your capital work harder.

It allows you to develop more advanced trading strategies using crypto, such as:

  1. Cross-asset hedging – If you hold ETH in your Kraken spot wallet and expect short-term ETH downside – but don’t want to sell your position. You can use the value of your ETH to short ETH/USD perpetuals, hedging downside without liquidating your spot exposure.
  2. Stablecoin-backed directional trades – If you hold certain stablecoins and want to gain BTC exposure, you can post your stablecoins and go long BTC/USD perpetuals.

These examples show how crypto-powered trading enables more flexible risk management without forcing you to unwind existing positions.

Regulated futures access, region by region

Futures trading is a feature within Kraken Pro that is developed to comply with the local regulations of different frameworks around the world:

🇪🇺 In the EU

  • One of the first MiFID-regulated platforms offering USD-margined perpetual futures powered by crypto value
  • Up to 10× leverage
  • Multi-asset funding (BTC, ETH, stablecoins, EUR)
  • Custody under MiCA and MiFID II supervision
  • Seamless experience on Kraken Pro web & app)

Available globally (excluding restricted jurisdictions), Kraken Pro offers deep liquidity, tight spreads and reliable execution, even in volatile markets.

How to get started

  1. Enable futures: Complete onboarding and accept the terms under Kraken EU
  2. Fund your account: Transfer BTC, ETH or stablecoins to your Kraken Pro spot wallet
  3. Select your asset: When opening or managing a position, choose which assets to use to support your USD margin
  4. Trade perpetuals: Build directional or hedged strategies with confidence

Investment services, ancillary services and investment activities (the “Services”) in relation to financial instruments are provided and carried out by Payward Europe Digital Solutions (CY) Limited (ex I.F. Greenfields Wealth Ltd) (“PEDSL-CY”). PEDSL-CY is authorised by the Cyprus Securities and Exchange Commission (CySEC) for the provision of the Services ] with licence number 342/17. PEDSL-CY is registered in Cyprus with registration number HE 356603 and registered office at Athalassas, 62, MEZZANINE, Strovolos 2012, Nicosia, Cyprus. See Risk Disclosures.

These materials are for general information purposes only and are not investment or financial product advice or a recommendation or solicitation to buy or sell financial instruments or to engage in any specific trading strategy. The unpredictable nature of the derivatives markets can lead to loss of funds. Trading in derivatives involves significant risk and is not appropriate for all investors. You could lose more than your investment. See Risk Disclosure Statement to learn about the risks. Tax may be payable on any return and/or on any increase in the value of your investment and you should seek independent advice on your taxation position. Geographic restrictions may apply.

Digital assets are held in custody by Payward Europe Solutions Limited (PESL), your MiCA custodian, while margin lending and derivatives trading are provided by PEDSL-CY, your MiFID broker. Each entity acts solely within its own regulatory permissions, and no joint service or cross-entity responsibility is implied.

References similar to “crypto-powered USD margin” or “trading with BTC, ETH, stablecoins, and other cryptoassets” refer solely to the pledge of cryptoassets as collateral for USD-margined borrowing by PEDSL-CY and not to trading, margining, or settlement in cryptoassets.  Pledged digital assets serve only as collateral for your loan obligations and do not constitute margin on the trading venue.  Digital assets remain under PESL custody at all times and are not transferred to PEDSL-CY, converted to fiat, or otherwise disposed of unless a default event occurs as defined in your PEDSL-CY terms.