New asset and pair available for margin trading: XPL!

Here are some details about the token:

Plasma (XPL) is an EVM-compatible L1 blockchain designed for high-volume, low-cost stablecoin transactions. Positioned as a payments-focused network, it enters the crowded field of layer-1 blockchains competing for transaction throughput and adoption by issuers of digital dollars and other stable assets.

Things you need to know before you start:

To trade on margin, you must hold at least one collateral currency.

Your use of the Margin Services is subject to certain restrictions and eligibility criteria.

Margin trading incurs additional fees for opening, closing, and holding positions. Learn more about the various rates and fees.

Will Kraken offer more pairs on margin?

yes! However, our policy is not to reveal any details prior to launch. They won’t even reveal which pairs they’re considering. All of Kraken’s listed margin pairs are available on our website. Our Client Engagement Specialists cannot answer questions about which pairs we may feature in the future.

Please trade with caution

There is no guarantee that limit orders will be executed. There is no guarantee that the margin pool will always be available. There is also no guarantee that a market order will be executed at a particular price. The availability and liquidity of a particular digital asset will affect these types of orders.

Ready to trade but still have a Kraken account? Sign up now!