We are making new pairs available for margin trading, taking our total to over 250 markets enabled for margin trading on Kraken Pro!
Margin trading is now available for new trading pairs, and short selling is now available on WLFI/USD:
* Pairs noted with an asterisk are available as long only.
Here’s some more information about the tokens:
Jito (JTO) is the governance token of Jito, a liquid staking and MEV (Maximal Extractable Value) protocol built on Solana. Jito lets users stake SOL and receive JitoSOL, a liquid staking token, while capturing additional rewards generated from MEV. The JTO token is used for governance, giving holders a say in the protocol’s parameters and treasury.
Grass (GRASS) is the token of a decentralised network that lets users share their unused internet bandwidth in exchange for rewards. That bandwidth powers web data collection for AI and other applications, creating an open, community-owned data layer. GRASS is used to reward network participants and to govern the protocol.
World Liberty Financial (WLFI) is the governance token of World Liberty Financial, a decentralised finance platform focused on lending, borrowing and stablecoin services. WLFI holders can participate in the governance of the protocol, including votes on its parameters and future direction.
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).
The post New assets and pairs available for margin trading: JTO, GRASS and WLFI! appeared first on Kraken Blog.
