Join Our Mailing List
Thursday March 23, 2023
Bitcoin (BTC) $27,555.38   Ethereum (ETH) $1,752.52
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Crypto Exchanges

Bitcoin exchange Kraken launches margin trading for Monero

Published by CryptoNinjas.net
03/23/2017

Kraken, the US-based crypto exchange back in January added support for trading Monero (XMR) and today we learned that margin trading has now been introduced.
Since listing XMR, trade volumes have been steadily increasing where Kraken was comfortable to permit margin for Monero pairs.

XMR will not be a collateral currency. This means users cannot open margin positions against the value of their XMR balances. For this reason, users should always maintain adequate balances of other collateral currencies to maintain margin positions.
More details on the trading update are below.

Which currency pairs and leverage are available?

  • XMR/XBT: 2x,3x
  • XMR/USD: 2x
  • XMR/EUR: 2x

What are Monero’s borrow limits?

XMR borrow limits depend on the verification level of the account as follows:

  • Tier 1: 100 XMR
  • Tier 2: 1000 XMR
  • Tier 3: 1500 XMR
  • Tier 4: 3000 XMR

What are the margin fees?

  • Margin open fee = 0.02%
  • Rollover fee = 0.02% / 4 hrs
70
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Crypto exchange Kraken’s second reserves audit adds 5 new assets: USDT, USDC, XRP, ADA, and DOT

08/12/2022
Crypto exchange Kraken's second reserves audit adds 5 new assets: USDT, USDC, XRP, ADA, and DOT

Kraken, the popular crypto exchange, has announced the results of its second 2022 Proof of Reserves audit, which has now been expanded beyond *BTC, and ETH* to include USDT, USDC, XRP, ADA*, and DOT....

Read more

Crypto exchange Kraken acquires crypto staking platform Staked

12/21/2021
Crypto exchange Kraken acquires crypto staking platform Staked

Kraken, a popular crypto exchange and blockchain asset platform, today announced it has acquired Staked for an undisclosed sum. Staked is a non-custodial staking platform that enables investors in Proof-of-Stake networks to compound their...

Read more

Crypto exchange Kraken unveils Kusama Parachain Auction Platform

06/08/2021
Crypto exchange Kraken unveils Kusama Parachain Auction Platform

Kraken, a popular bitcoin and cryptocurrency exchange company, today announced it will support Parachain Auctions in time for the first rounds taking place on Kusama, the “canary network” for Polkadot. Clients, excluding those in...

Read more

Crypto exchange company Kraken launches venture fund

02/11/2021
Crypto exchange company Kraken launches venture fund

Kraken, a popular bitcoin and crypto exchange company, today announced it is supporting the launch of a new independent initiative called Kraken Ventures to actively invest in crypto and fintech startups. With an operational...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet launches anticipated browser extension of its crypto management app

11/14/2022
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
ArcBlock releases login and authentication demo using decentralized identity

ArcBlock releases login and authentication demo using decentralized identity

03/16/2020
How to Become a Web3 Developer: A Guide to Web3 Jobs

How to Become a Web3 Developer: A Guide to Web3 Jobs

03/15/2023
Nomura’s Laser Digital invests in Infinity, an Ethereum-based money market protocol

Nomura’s Laser Digital invests in Infinity, an Ethereum-based money market protocol

02/15/2023
ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

02/02/2023
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy