margin trading
The popular Bitcoin exchange Kraken launched on Saturday, December 29, margin trading with Bitcoin Cash and XRP.
We have enabled margin trading for Bitcoin Cash (BCH) and Ripple (XRP)! The addition expands our margin offering to 8 assets. Read more on our blog: https://t.co/DSBaMBdOR7
– Kraken Exchange (@krakenfx) December 29, 2018
According to the exchange, trading with leverage for BCH and XRP is available in pairs with bitcoin, dollar and euro.
The size of the shoulder itself is quite modest: BCH / XBT – 2x; BCH / USD – 2x, 3x; BCH / EUR – 2x, 3x, XRP / XBT – 2x, 3x; XRP / USD – 2x, 3x, 4x, 5x; XRP / EUR – 2x, 3x, 4x, 5x.
In addition, limits are set on the amount of available borrowed funds – depending on the level of account verification, they range from 1 to 500 BCH and from 5,000 to 2.5 million XRP.
To this day, Kraken has supported margin trading in pairs with BTC, Ethereum, Ethereum Classic, Augur, Monero and Tether.
Earlier in December, it was reported that Kraken was considering the possibility of a private placement of securities, having estimated the company's value at $ 4 billion.
Subscribe to BlockchainJournal news in Telegram: BlockchainJournal Live – the entire news feed, BlockchainJournal – the most important news and polls.
BlockchainJournal.news
