We’re making a brand new pair obtainable for margin buying and selling, taking our whole to over 240 markets enabled for margin buying and selling on Kraken Professional!
Margin buying and selling is now obtainable for a brand new buying and selling pair:
| Pair base | Pair title | Out there leverage | Lengthy Restrict | Quick Restrict |
| XPL | XPL/USD | 3 | 200,000 | 200,000 |
Right here’s some extra details about the token:
Plasma (XPL) is an EVM-compatible L1 blockchain designed for high-volume, low-cost stablecoin transactions. Positioned as a payments-focused community, it enters a crowded area of Layer-1 blockchains competing for transaction throughput and adoption by issuers of digital {dollars} and different steady property.
Earlier than you begin, what you must know:
With the intention to commerce utilizing margin, you will have to carry at the least one collateral foreign money.
The provision of margin buying and selling companies is topic to sure limitations and eligibility standards.
Margin buying and selling incurs further charges for opening, closing and holding a place. Be taught extra concerning the completely different charges and costs.
Will Kraken supply extra pairs on margin?
Sure! However our coverage is to by no means reveal any particulars earlier than launch – not even which pairs we’re contemplating. All of Kraken’s listed margin pairs can be found on our web site. Our shopper engagement specialists can not reply any questions on which pairs we could also be itemizing sooner or later.
Commerce with warning
There is no such thing as a assure {that a} restrict order will execute. There is no such thing as a assure of margin pool availability always. There may be additionally no assure of a market order executing at a sure worth. The provision and liquidity of the actual digital asset will impression these kind of orders.
Able to commerce however don’t have a Kraken account but? Join at the moment!
