Margin trading is now available for a new trading pair:
Pair basePair nameAvailable leverageLong ShortAKTAKT/USD372,00072,000 Get started with Kraken Here’s some more information about the tokens:
Akash Network (AKT) is a decentralized, open-source cloud computing marketplace. It lets anyone with spare compute capacity lease it to developers and businesses, often at lower cost than traditional cloud providers like AWS or Google Cloud. Users deploy applications through a reverse-auction system, where providers compete to offer the best price. The network is increasingly used for GPU-intensive workloads such as AI and machine learning.
Before you start, what you should know:
In order to trade using margin, you will need to hold at least one collateral currency.
The availability of margin trading services is subject to certain limitations and eligibility criteria.
Margin trading incurs additional fees for opening, closing and holding 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 are considering. All of Kraken’s listed margin pairs are available on our website. Our client engagement specialists cannot answer any questions about which pairs we may be listing in the future.
Trade with caution
There is no guarantee that a limit order will execute. There is no guarantee of margin pool availability at all times. There is also no guarantee of a market order executing at a certain price. The availability and liquidity of the particular digital asset will impact these types of orders.
Ready to trade but don’t have a Kraken account yet? Sign up today!
Trading on margin involves significant risk and may not be suitable for all investors. You could lose more than your initial investment. Spot margin trading products are offered by Payward Trading Ltd, incorporated in the British Virgin Islands (BVI). This content is for informational purposes only and does not constitute financial or investment advice. Product availability may vary by jurisdiction. Please ensure you fully understand the risks involved before trading. Past performance is not indicative of future results.
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