We’re thrilled to announce that Kraken now helps new margin pairs for Render (RNDR) and Fetch.ai (FET)!
Margin buying and selling is now out there for the beneath pairs for RNDR and FET:
Pair base | Pair title | Obtainable leverage | Lengthy Place Restrict | Quick Place Restrict |
RNDR | RNDRUSD | 3 | 5000 | 5000 |
FET | FETUSD | 3 | 20000 | 20000 |
Right here’s some extra details about the tokens:
Render (RNDR) is a distributed rendering community of GPU computer systems constructed on Ethereum. It goals to attach customers that require GPU energy with node operators who’ve idle GPU capability. The RNDR token is utilized by creators on the community to pay suppliers for his or her processing energy.
Fetch.ai (FET) is constructing a decentralized machine studying platform that permits anybody to share or change information. Fetch goals to create a brand new digital economic system the place folks can bypass centralized aggregators by utilizing software program brokers generally known as autonomous financial brokers (AEAs). The FET token empowers customers to pay for information requests on the community, vote on upcoming proposals and earn staking rewards.
Earlier than you begin, what you need to know:
Will Kraken provide extra pairs on margin?
Sure! However our coverage is to by no means reveal any particulars earlier than launch – not even which pairs we’re contemplating. All of Kraken’s listed margin pairs can be found on our web site. Our shopper engagement specialists can’t reply any questions on which pairs we could also be itemizing sooner or later.
Commerce with warning
There isn’t any assure {that a} restrict order will execute. There isn’t any assure of margin pool availability always. There’s additionally no assure of a market order executing at a sure value. The provision and liquidity of the actual digital asset will affect these kinds of orders.
Providing margin buying and selling on an asset or token shouldn’t be a suggestion to purchase, promote or take part within the related community. Do your individual analysis and make investments at your individual threat.
These supplies are for common info functions solely and usually are not funding recommendation or a suggestion or solicitation to purchase, promote, stake or maintain any cryptoasset or to interact in any particular buying and selling technique. Kraken doesn’t and won’t work to extend or lower the worth of any explicit cryptoasset it makes out there. Some crypto merchandise and markets are unregulated, and also you will not be protected by authorities compensation and/or regulatory safety schemes. The unpredictable nature of the cryptoasset markets can result in lack of funds. Tax could also be payable on any return and/or on any enhance within the worth of your cryptoassets and you need to search impartial recommendation in your taxation place. Geographic restrictions might apply.