Kraken now supports new margin pairs for NEAR Protocol (NEAR) And Sei Network (SEI)!
Margin trading is now available using the pairs below for NEAR and SEI:
|Long position limit
|Short position limit
Here’s what you need to know about assets:
NEAR Protocol (NEAR) is a cloud-based computing platform for Web3 And decentralized applications (dApps). The community-managed cloud infrastructure and new protocol sharing architecture enable developers to create interoperable and scalable applications. NEAR is the platform’s native token that is used to pay network transaction fees and earn rewards for helping secure the protocol through staking.
Sei Network (SEI) is a layer 1 blockchain developed on Cosmos that aims to provide next-generation DeFi infrastructure. Through centralized order books (CLOBs), Sei Network facilitates dApp integration and access to liquidity within the Cosmos ecosystem. SEI validators may choose to accept other tokens approved by the Comos ecosystem for gas payment based on network governance. SEI token allows users to pay gas fees and also works like the protocol governance token.
Before you start, what you need to know:
Will Kraken offer more pairs on margin?
Yes! But our policy is to never reveal any details before launch, not even which pairs we’re considering. All margin pairs listed by Kraken are available on our website. Our customer engagement specialists cannot answer any questions about any 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 any time. 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 order types.
Offering margin trading on an asset or token does not constitute a recommendation to buy, sell or participate in the associated network. Do your own research and invest at your own risk.
These materials are intended for general information purposes only and do not constitute investment advice or a recommendation or solicitation to buy, sell, stake or hold any crypto-asset or to engage in any trading strategy. specific trading. Kraken does not and will not endeavor to increase or decrease the price of any particular crypto-asset it makes available. Some crypto products and markets are unregulated and you may not be protected by government compensation and/or regulatory protection programs. The unpredictable nature of crypto-asset markets can result in losses of funds. Tax may be payable on any returns and/or increases in the value of your cryptoassets and you should seek independent advice on your tax situation. Geographic restrictions may apply.