Extended margin pairs are available for BONK, TAO, STX and JUP!
Here is additional information about the token:
Bonk (BONK) is a cryptocurrency launched as a free airdrop to the Solana blockchain community on Christmas 2022. It operates on the Solana blockchain, a cryptocurrency that has gained popularity in the Web3 space and emphasizes community participation and decentralized finance principles.
Bittensor (TAO) is a decentralized network that connects global machine learning models using a Substrate-based blockchain architecture (e.g. Polkadot) and a proof-of-stake consensus mechanism for energy efficiency. TAO tokens incentivize and reward miners for contributing computing resources and are used for transaction fees, governance, and access to machine learning services, while also acting as a staking to enhance network security.
Stacks (STX) is a layer 2 network created with the goal of scaling and introducing decentralized applications (dApps) to Bitcoin (BTC). Stacks seeks to bring decentralized finance (DeFi) to the Bitcoin network by using Bitcoin as a payment layer and providing a smart contract compatible infrastructure.
Jupiter (JUP) is a decentralized finance (DeFi) protocol on the Solana blockchain that started as a liquidity collector for token swaps and expanded to include perpetual futures. JUP is Jupiter’s governance token and allows community members to vote on key decisions related to platform development and operation.
What you need to know before you start:
To trade using margin, you must hold at least one collateral currency.
Margin trading incurs additional fees for opening, liquidating, and holding positions. Learn more about the different rates and fees.
Does Kraken offer more pairs with margin?
yes! However, our policy is not to reveal any details prior to launch. The same goes for which pair you are considering. All margin pairs listed on Kraken can be found on our website. Our Customer Engagement Specialists are unable to answer questions about which pairs we will list in the future.
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The availability of margin trading services is subject to certain restrictions and eligibility criteria. Trading on margin involves risks and may not be suitable for everyone. Read Kraken’s Margin Disclosure Statement for more information.
Please trade with caution. There is no guarantee that limit orders will be executed. Margin pool availability is not always guaranteed. Additionally, there is no guarantee that a market order will be executed at a specific price. The availability and liquidity of a particular digital asset affects these types of orders.
These materials are provided for general information purposes only and do not constitute investment advice or a recommendation or solicitation to buy, sell, own any cryptocurrency, or engage in any particular trading strategy. Kraken makes no representations or warranties of any kind, express or implied, as to the accuracy, completeness, timeliness, suitability or validity of such information and will not be liable for any errors, omissions, delays or losses in this information. Injury or damage resulting from display or use. Kraken does not and will not seek to increase or decrease the price of any particular cryptocurrency it offers. Some cryptocurrency products and markets are unregulated and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptocurrency market may result in loss of funds. Taxes may be payable on the appreciation and/or declaration of the value of your cryptocurrency assets and you should seek independent advice on your tax position. Geographic restrictions may apply.
