We are delighted to announce that Kraken now supports new margin pairs for SPX6900 (SPX), Kyber Network Crystal (KNC), Saga (Saga), Qtum (Qtum), Raydium (Ray), Immutable (IMX), Pyth Network (Pyth) and Onyxcoin (XCN).
Here is some additional information on the tokens:
SPX6900 (SPX) is a same joining the S & P500, on a mission to exceed this traditional financial index. Traders can access the SPX6900 token on several blockchain networks, notably Ethereum, Solana and Base. Like other mecoins, the SPX token has no “official” usefulness – although it can be transferred and maintained on all sustained chains.
Kyber Network Crystal (KNC) is a decentralized liquidity protocol used for chip exchanges. Kyber allows instant token exchanges for any decentralized application (DAPP) without the need for an intermediary. Kyber Network Crystal (KNC), the first deflationary launch token, plays an essential role in the network, allowing owners to win awards and voting rights on the protocol.
SAGA (saga) is a protocol that allows developers to easily launch blockchains specific to the application (or chain). Its integrated battery allows anyone to run a high performance interoperable chain adapted to its specific use case – without the usual friction of working with the tooling of the blockchain. The saga token serves a range of objectives, including jalitude, network security and participation in governance.
Qtum (Qtum) is a hybrid platform that combines Bitcoin and Ethereum elements. Qtum was the first to combine the Bitcoin value transfer functionality (BTC) and the management of the Ethereum (ETH) intelligent contract in a single platform. This allows users to create applications executed on a blockchain, while allowing their creations to transform in a similar way to Bitcoin. The Qtum cryptocurrency is used to pay fees and provide governance on the platform.
Raydium (RAY) is an automated market manufacturer (AMM) and a liquidity supplier built on the DEX serum based in Solana, allowing users to rely on liquidity at the ecosystem scale for transactions and exchanges.
ImmuTable X (IMX) is a layer of layer 2 for Ethereum, designed to provide rapid, secure and gas transactions for NFT via ZK-Rollups.
Pyth Network (Pyth) is one of the most important and fastest early Oracle networks. Pyth provides real-time market data to financial DAPPs on more than 40 blockchains and provides more than 380 low latency price flows between cryptocurrencies, actions, ETF, FX pairs and products.
Onyxcoin (XCN) is a cloud -based cloud infrastructure that allows organizations to create advanced financial services. The protocol gives developers access to blockchain networks, making it possible to store data and transactions on a network of world servers. Chain Token (XCN) is the native token of the network which grants holders of the right to vote on the improvements of the protocol, the payment of services through the chain protocol ecosystem as well as to have access to discounts and premium services.
Before you start, what you need to know:
In order to negotiate using the margin, you will have to contain at least one collateral currency.
The availability of margin trading services is subject to certain limitations and eligibility criteria.
Margin trading causes additional costs for the opening, closing and holding of a position. Find out more about the different rates and fresh.
Will Kraken offer more pairs on the sidelines?
Yes! But our policy is never to reveal details before launch – not even the pairs we are considering. All the pairs of margins listed by Kraken are available on our website. Our customer engagement specialists cannot answer any questions about the pairs that we could list in the future.
Trade with caution
There is no guarantee that a limit order will run. There is no guarantee of availability of the margin pool at any time. There is also no guarantee that a market order runs at a certain price. The availability and liquidity of the particular digital assets will have an impact on these types of orders.
Ready to exchange but you have no Kraken account yet? Register today!
The availability of margin trading services is subject to certain limitations and eligibility criteria. Trading using the margin involves a risk element and may not suit everyone. Read the declaration of disclosure of the margin of Kraken to find out more.
These documents are for general information only and are not investment advice or a recommendation or solicitation to buy, sell, count or maintain a cryptoasset or engage in a specific negotiation strategy. Kraken does not work and does not work to increase or decrease the price of a particular cryptocurrency that it makes available. Some cryptographic products and markets are regulated and others are not regulated; Be that as it may, Kraken may or may not be obliged to be registered or otherwise authorized to provide specific products and services on each market, and you cannot be protected by government remuneration and / or regulatory protection plans . The unpredictable nature of the crypto-tassets markets can cause loss of funds. The tax may be payable on any declaration and / or on any increase in the value of your cryptocurrency and you should request independent advice on your tax position. Geographic restrictions can apply. See legal disclosure for each jurisdiction here.
