We are excited to announce that Kraken now supports new margin pairs for Rendered (RNDR) And Recover.ai (FET)!
Margin trading is now available for the pairs below for RNDR and FET:
Pair basis | Pair name | Leverage available | Long position limit | Short position limit |
RNDR | RNDRUSD | 3 | 5000 | 5000 |
FET | FETUSD | 3 | 20000 | 20000 |
Here is some additional information about the tokens:
Rendered (RNDR) is a distributed rendering network of GPU computers built on Ethereum. It aims to connect users who need GPU power with node operators who have idle GPU capacity. The RNDR token is used by network creators to pay providers for their processing power.
Recover.ai (FET) is building a decentralized machine learning platform that allows anyone to share or exchange data. Fetch aims to create a new digital economy in which people can bypass centralized aggregators by using software agents called autonomous economic agents (AEA). The FET token allows users to pay for data requests on the network, vote on upcoming proposals, and earn staking rewards.
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.