Increased margin leverage on Kraken Pro: Up to 10x (BTC, ETH, SOL, XRP, DOGE)
Main Idea
Kraken is increasing margin trading leverage from 5x to 10x on select cryptocurrency pairs (BTC, ETH, SOL, XRP, DOGE) to empower traders with greater capital efficiency and risk/reward management.
Key Points
1. Kraken is increasing margin trading leverage from 5x to 10x for BTC, ETH, SOL, XRP, and DOGE.
2. Higher leverage offers traders greater capital efficiency and the ability to execute dynamic strategies.
3. Enhanced risk/reward management allows traders to amplify potential gains and losses while managing risk.
4. Kraken maintains its trusted security and infrastructure despite the increased leverage.
5. The availability and liquidity of digital assets will impact margin trading orders.
Description
Kraken is doubling down – literally – on trader empowerment. By increasing margin trading leverage from 5x to 10x on select pairs, we’re giving experienced traders more flexibility, efficiency, and capital power than ever before. Margin leverage is increasing for five of our most popular crypto assets: BTC, ETH, SOL, XRP and DOGE: Pair base Pair name Available Leverage BTC BTC/USD BTC/EUR BTC/USDC BTC/USDT 10x ETH ETH/USD ETHEUR ETH/USDC ETH/USDT 10x SOL SOL/USD SOL/EUR SOL/USDC SOL/USDT 10x XRP...
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