Kraken’s Unified Wallet became available to eligible EEA Kraken Pro clients on 16 October. It pools eligible spot, margin, Earn and futures balances for collateral, with more than 40 cryptocurrencies plus USD, EUR and XAU named in the announcement. Futures access must first be activated.[1]
At a glance01
Shared wallet mechanics
| Feature | Practical effect |
|---|---|
| Default cross margin | A losing position can draw on the full eligible pooled balanceSource 1 |
| Isolated margin | Available for linear Multi-M futures contractsSource 1 |
| Enablement | Self-service; existing open positions need not be closedSource 1 |
| Return to separate wallets | No open derivatives positions or active ordersSource 1 |
| Unrealised profit and loss | Margin and futures P&L can count towards margin for other tradesSource 1 |
At a glance02
Collateral valuation
| Rule | Treatment |
|---|---|
| Calculation | Balance × price × (1 − haircut)Source 2 |
| Changing valuations | Prices and collateral ratios can change, altering available marginSource 1Source 2 |
| EEA USDT and DAI | 100% haircut: zero collateral valueSource 2 |
| Primary price | Real-time index where availableSource 2 |
| Fallbacks | Spot USD midpoint, then last valid price in emergency conditionsSource 2 |
| KFEE | Fee credits only; not collateralSource 2 |
Kraken identifies Payward Europe Solutions Limited, regulated by the Central Bank of Ireland, as its spot-services provider and digital-asset custodian. Derivatives are provided by Payward Europe Digital Solutions (CY) Limited, CySEC licence 342/17. These entities retain separate permissions and responsibilities. Staking/Earn is not a regulated financial product.[1]
Sources & further reading
- Unified Wallet is now available in the EEA Kraken · 16 Oct 2026 · Accessed 26 Oct 2026
- Collateral valuation in Unified Wallet Kraken · Accessed 26 Oct 2026