We’re thrilled to announce that Kraken now supports new margin pairs for Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Polygon (MATIC), Chainlink (LINK), Dogecoin (DOGE), Solana (SOL) and Decentraland (MANA)!
Margin trading is now available for the below pairs:
|Pair base||Pair name||Available leverage||Long Position Limit||Short Position Limit|
Here’s what you need to know about the assets:
Bitcoin (BTC) – Bitcoin is an invention that, for the first time in history, enabled a group of software users to create and manage a digital money supply outside the control of any government or bank.
A revolutionary idea when introduced in 2009, Bitcoin continues to have implications that are just beginning to be understood and explored by technologists and economists today.
Ripple (XRP) – Launched in 2013, XRP aims to complement traditional payments, migrating transactions that occur today between databases controlled by financial institutions to a more open infrastructure.
One of the more ambitious cryptocurrencies to go live in the wake of Bitcoin, XRP is notable for a design that sparked continuing discussion about how blockchains can be architected and the use cases they should attempt to address.
Ethereum (ETH) – One of the most ambitious blockchain projects, Ethereum (ETH) seeks to use cryptocurrency to decentralize…