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Home Crypto Exchanges

Kraken re-enables margin after major system upgrade

Published by CryptoNinjas.net
01/25/2018
Kraken bitcoin exchange getting major systems update

Digital asset exchange Kraken informed today they re-enabled the ability to open new long and short margin positions at 18:00 UTC on Thursday, January 25th (10 am PT). This means that clients can once again use leverage to amplify trading profits and gain in both up and down markets.

Kraken temporarily disabled the creation of new margin positions as a precaution following its major system upgrade that was completed on January 13th, 2018.

The system upgrade included a new and more scalable trade engine.

Margin trading works exactly as it did before the upgrade with the experience now more fluid.

Reduced margin fees continue until January 31st. Margin positions, open, and rollover fees are reduced to 0.005% until January 31st, 2018 (UTC)

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