Kraken doubles – literally – on the empowerment of merchants. By increasing the 5x to 10x margin trading effect on certain pairs, we give experienced traders more flexibility, efficiency and capital power than ever.
The margin lever effect increases for five of our most popular cryptographic assets: BTC, ETH, Sol, XRP and DOGE:
Why the 10x lever effect of Kraken is a victory for traders
- 📈 greater capital efficiency
Exchange more important positions with less capital, releasing funds for other opportunities. - 🔄 more dynamic strategies
Quickly react to market movements and run the short -term strategies more effectively. - 💡 Improved risk / award management
Amplify potential gains (and losses) with tools to help manage the risks intelligently. - 🔒 Same security. No more power.
Take advantage of an increased lever effect with Kraken’s safety and trust infrastructure.
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.
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.
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Here is some additional information on the tokens:
Bitcoin (BTC) is the largest cryptocurrency project in the world. Bitcoin cryptocurrency (BTC) was the first of its kind to be built on blockchain technology. Launched in 2009 by an anonymous developer under the pseudonym Satoshi Nakamoto, Bitcoin remains the mostly accepted and exchanged cryptocurrency today. Like the cryptocurrencies that followed it, Bitcoin was created to provide a decentralized electronic cash system which operates without the intervention of a centralized authority. A global team of developers is constantly working to improve Bitcoin and its underlying technology.
Ethereum (ETH) is an open source global platform for decentralized applications. Ethereum is a market for financial services, games and applications that are without confidence, decentralized and secure. ETH is the cryptocurrency fueling the Ethereum network. It is used to pay transactions, as a value or payment value reserve between peers, or as a guarantee to generate fully different cryptographic tokens that work on Ethereum.
Solana (floor) is a blockchain platform that aims to improve user scope. Solana is a blockchain platform which aims to increase the scalability of users thanks to faster transaction settlements and flexible infrastructure. Sol cryptocurrency plays a key role in maintaining and exploiting the Solana ecosystem and is used to perform smart contracts, send transactions and encourage stakeholders who support the network.
XRP (XRP) is a digital asset designed for payments. He is from the big XRP book. Created in 2012 specifically for payments, XRP can settle transactions on the large book in 3 to 5 seconds. Ripple is a company that exists independent of XRP. Ripple uses XRP in its products and is one of the many players based on the big XRP book.
DOGECOIN (DOGE) is a decentralized cryptocurrency and peer-to-peer which uses the same “DOGE” as mascot. DOGECOIN (DOGE) is a peer cryptocurrency that is widely used to switch content creators on various social media platforms. Dogecoin presents the resemblance of the dog Shiba Inu popularized in the same “DOGE”, and was introduced for the first time as a marketing experience in 2013. DOGE quickly acquired a massive audience, however, and now has one of the largest stock capitals in the industry. Many wow. Doge is happy.
The availability of margin trading services is subject to Certain eligibility limitations and criteria. Trading using the margin involves a risk element and may not suit everyone. Read Kraken margin disclosure statement To find out more.