Account and Wallet
How accounts, subaccounts and the multicurrency wallet work, and how BTC is used as the settlement currency.
An account and a wallet are created automatically once a participant registers in the trading system.
Account and subaccount
- One account is created automatically for each participant.
- A participant can create additional subaccounts, which are used independently to segregate positions.
- A subaccount can be delegated to another registered participant. They receive access only to trading operations — without the right to deposit or withdraw — and only up to the limit granted to them.
- Only the participant who created the subaccounts controls the movement of funds across all of them.
Account balance
| Parameter | Meaning |
|---|---|
| Available | Current available balance for trading |
| Balance | Total revaluation of all assets, including all positions and free balances, as well as P/L |
| Reserved | The amount of BTC reserved to maintain the current position and active orders |
Wallet
The wallet in the trading system is multicurrency. To access trading, a participant must deposit their wallet with any of the currencies open for depositing — any credited currency is accepted as collateral, and allows transactions with all instruments available in the trading system.
The single cryptocurrency BTC is the main currency for calculations, income accrual, commission charges and loss write-offs across all instruments. All other currencies accepted as collateral are converted into their BTC-equivalent amount at the current exchange rate.
Negative BTC balance
A trader is allowed to have a negative BTC balance only if there are enough equivalent funds in other currencies. With a negative BTC balance, an equivalent amount in another currency is blocked for withdrawal.