Margin trading is now available for the below pairs:
Pair basePair nameAvailable LeverageLong Position LimitShort Position LimitKAITOKAITO/USD3x20,00020,000OMOM/USD3x4,6004,600
Here’s some more information about the tokens:
Kaito (KAITO) is the native token of the AI-powered InfoFi network, driving market dynamics, governance, and transactions. It enables token holders to influence content discovery, participate in decentralized decision-making, and facilitate seamless interactions within the ecosystem. KAITO powers an efficient, transparent, and community-driven financial information network.
Mantra (OM) is a DeFi platform offering staking, lending, and governance powered by blockchain technology. Its native token, OM, facilitates transactions, governance, and rewards, enabling community-driven decision-making. MANTRA empowers users with secure, transparent financial tools designed to maximize engagement and optimize returns in the DeFi ecosystem.
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 !
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.
The post Expanded USD margin pairs available for KAITO & OM! appeared first on Kraken Blog.
