Here is some additional information about the tokens:
Bonk (BONK) is a cryptocurrency launched on Christmas Day 2022 as a free airdrop to the Solana blockchain community. It has gained popularity in the Web3 space and operates on the Solana blockchain as a cryptocurrency that emphasizes community involvement and decentralized finance principles.
Bittensor (TAO) is a decentralized network connecting global machine learning models, using a substrate-based blockchain architecture (like Polkadot) and a proof-of-stake consensus mechanism for energy efficiency. TAO tokens encourage and reward miners for contributing to computing resources, are used for transaction fees, governance and access to machine learning services, while also playing a role in staking to improve security of the network.
Stacks (STX) is a layer 2 network created with the aim of scaling and bringing decentralized applications (dApps) to Bitcoin (BTC). Stacks uses Bitcoin as a settlement layer and seeks to bring decentralized finance (DeFi) to the Bitcoin network by providing smart contract-enabled infrastructure.
Jupiter (JUP) is a decentralized finance (DeFi) protocol on the Solana blockchain that started as a liquidity aggregator for token swaps and expanded to include perpetual futures contracts. JUP is Jupiter’s governance token and allows community members to vote on key decisions regarding the development and operations of the platform.
Before you start, what you need to know:
In order to trade using margin, you will need to hold at least one collateral currency.
Margin trading incurs additional fees for opening, closing, and maintaining a position. Learn more about the different rates and fees.
Will Kraken offer more pairs on margin?
Yes! But our policy is to never reveal any details before launch, not even which pairs we’re considering. All margin pairs listed by Kraken are available on our website. Our customer engagement specialists cannot answer any questions about any pairs we may list in the future.
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The availability of margin trading services is subject to certain limitations and eligibility criteria. Margin trading carries an element of risk and may not be suitable for everyone. Read Kraken’s margin disclosure statement to learn more.
Trade with caution. There is no guarantee that a limit order will be executed. There is no guarantee that the margin pool will be available at any time. There is also no guarantee that a market order will execute at a certain price. The availability and liquidity of the particular digital asset will impact these order types.
These materials are intended for general information purposes only and do not constitute investment advice or a recommendation or solicitation to buy, sell, stake or hold any crypto-asset or to engage in any trading strategy. specific trading. Kraken makes no representations or warranties of any kind, express or implied, as to the accuracy, completeness, timeliness, suitability or validity of this information and shall not be liable for any errors, omissions or delays. in this information or for any loss, injury or damage resulting from its display or use. Kraken does not and will not endeavor to increase or decrease the price of any particular crypto-asset it makes available. Some crypto products and markets are unregulated and you may not be protected by government compensation and/or regulatory protection programs. The unpredictable nature of crypto-asset markets can result in losses of funds. Tax may be payable on any returns and/or increases in the value of your cryptoassets and you should seek independent advice on your tax situation. Geographic restrictions may apply.
