Rated as one of the top bitcoin exchanges, San-Francisco based Kraken informed about the initiation of margin-trading, providing clients with the possibility to trade in both direction and leverage their positions.
Leverage is offerred now at 3x, what enables traders to multiply their profit or loss 3 times in comparison with the bitcoin instrument’s move.
Kraken informed about this new possibility for bitcoin traders, who have verified their accounts to Tier 3 and Tier 4. Traders are able to trade with margin at the XBT/EUR pair with USD balance.
Kraken has been founded in 2011 and is constantly rated as one of the top bitcoin exchanges. Even Bloomberg terminal used it as a first bitcoin exchange to be listed there.
In April, Kraken started to accept MtGox creditor claims with offering up to $1 million in free trade volume per creditor as a bonus for claiming funds through Kraken.
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