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Expanded margin pairs available for RENDER, RUNE, MEW, TURBO, TON, GALA, EIGEN and ZK!

3 hours ago 5 min read
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THORChain (RUNE) is a decentralized cross-chain liquidity protocol that allows users to swap assets between blockchain networks. Its AMM-based protocol provides the backend technology needed to swap cryptocurrencies between blockchains that were previously non-interoperable. RUNE can be traded on the platform for other tokens and is also used to pay for fees, provide a basis for governance and secure the THORChain network.

Cat in a Dogs World (MEW) is a meme coin designed to celebrate cats in the memecoin space. MEW offers fast transactions and DeFi integration. With a playful brand and community-driven tokenomics, MEW stands out as a fun, cat-focused alternative to dog-themed tokens.

Turbo (TURBO) is a memecoin, born out of an experiment where ChatGPT was asked to create ‘the next great memecoin’ with a budget of $69. The project prides itself on a community-driven roadmap, a renounced smart contract, and zero buy/sell taxes. TURBO is an Ethereum-based token, which can be held, sent and received by users with Ethereum wallets.

Toncoin (TON) is a decentralized network supporting a range of technologies, tied together by TON Blockchain. Originally developed by the Telegram team, its decentralized storage, DNS and payment infrastructure allow anyone to build and launch applications. Toncoin (or TON), the protocol’s native currency, can be staked to secure the network (and earn rewards) or used as payment for services and applications.

Gala (GALA) is a blockchain games studio aiming to create ‘blockchain games you’ll actually want to play.’ It seeks to establish an ecosystem where players can take ownership over their in-game assets and achievements. Gala Games’ native token is GALA, which is used to secure the platform and incentivize players.

EigenLayer (EIGEN) is a protocol on Ethereum designed to extend Ethereum’s crypto-economic security to new use cases via distributed systems called “Actively Validated Services” (AVSs), which are defined as any system that requires its own distributed validation semantics for verification, such as sidechains, data availability (DA) layers, new virtual machines, etc

ZKSync (ZK) is a zero-knowledge (ZK) rollup, a protocol enabling cheap, rapid transactions that aren’t limited by the constraints of the base chain. Leveraging validity proofs to inherit Ethereum’s security, it seeks to replicate the Ethereum experience with better UX, all in a trustless setting. ZK is the protocol’s governance token, ensuring that decision-making remains decentralized.

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.

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Get started with Kraken

Availability of margin trading services is subject to certain limitations and eligibility criteria. Trading using margin involves an element of risk and may not be suitable for everyone. Read Kraken’s Margin Disclosure Statement to learn more.

These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptoasset or to engage in any specific trading strategy. Kraken does not and will not work to increase or decrease the price of any particular cryptoasset it makes available. Some crypto products and markets are regulated and others are unregulated; regardless, Kraken may or may not be required to be registered or otherwise authorised to provide specific products and services in each market, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position. Geographic restrictions may apply. See Legal Disclosures for each jurisdiction here.

The post appeared first on Kraken Blog.

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