We are excited to announce that Kraken now supports new margin pairs for Flare (FLR), Blur (BLUR), Aptos (APT) And Mining (MINA)!
Flare is a layer 1 blockchain based on Ethereum Virtual Machine (EVM) focused on creating deeper interoperability between different blockchains and decentralized applications. Flare offers FAssets and the LayerCake protocol to open up more blockchains to the power of smart contracts and connect assets across smart contract-enabled networks. Flare’s native token, called Flare (FLR), can be used as collateral in applications to provide data feeds and vote on network changes.
Blur is a community NFT marketplace and aggregator designed for professional traders. It combines advanced trading tools with real-time data feeds to allow users to trade and list NFTs in the markets, reveal snipes, and manage their portfolio. BLUR is an ERC-20 token that governs key parameters of the Blur protocol.
Aptos is a decentralized blockchain and scalable Web3 framework. Aptos parallel execution engine and modular design enable high transaction throughput and low latency. APT is the native token of the blockchain and allows users to pay network transaction fees, earn rewards for securing the protocol through staking, and vote on decisions that affect the future of the platform.
The Mina protocol aims to exploit the very first compressed blockchain. The Mina protocol was launched in 2017 with the goal of being a compressed blockchain platform. This compression means the entire channel is around 22KB in size, taking up about as much space as a few Tweets. Mina is for users who don’t have the computing power to still be able to operate another type of blockchain node. Mina is a proof-of-stake protocol for programmable payments, apps, permissionless privacy, and more. Mina participants govern the protocol and the chain is cryptographically secure.
Margin trading is now available for the pairs below:
|pair base||Pair name||Leverage available||Long position limit||Short position limit|
Will Kraken offer more pairs on margin?
Yes! But our policy is never to reveal details before launch – not even the pairs we’re considering. All margin pairs listed by Kraken are available at our website. Our customer engagement specialists cannot answer any questions about pairs we may list in the future.
Trade with caution
There is no guarantee that a limit order will be executed. There is no guarantee that the Margin Pool will be available at all times. There is also no guarantee that a market order will execute at a certain price. The availability and liquidity of the particular digital asset will impact these types of orders.
Offering margin trading on any asset or token is not a recommendation to buy, sell or participate in the associated network. Do your own research and invest at your own risk.
These materials are for general informational purposes only and do not constitute investment advice or a recommendation or solicitation to buy, sell, gamble or hold any digital asset or to engage in any specific trading strategy. Some crypto products and markets are unregulated and you may not be protected by government indemnities and/or regulatory protection schemes. The unpredictable nature of crypto-asset markets can lead to loss of funds. Tax may be due on any return and/or increase in value of your crypto-assets and you should seek independent advice on your tax position. Geographic restrictions apply.