Another benefit of margin trading cryptocurrencies with kraken is that we offer extremely competitive fees. Depending on the currency pair youre looking to leverage, well only charge up to 0.
Note in order to trade using margin, you will need to hold at least one collateral currency. The following chart summarizes all currency pairs that can be traded on margin and their maximum possible leverage.
To see which currencies can be traded using margin margin trading pairs available on kraken in order to open a spot position on margin, you will need to hold at least one of these collateral currencies collateral currencies on kraken if you are wondering what currency codes we use in our api and account history exports asset codes used by kraken.
Not all currencies available on kraken can be traded on margin.
The collateral currencies on kraken are for tether (usdt) there is a 10 haircut, meaning for collateral currency purposes 1 usdt counts for 0. For tezos (xtz), and tron (trx) there is a 50 haircut, meaning for collateral currency purposes 1 xtz only counts for 0.
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