We’re thrilled to announce that Kraken now supports new margin pairs for Flare (FLR), Blur (BLUR), Aptos (APT) and Mina (MINA)!
Flare is an Ethereum Virtual Machine (EVM) based Layer 1 blockchain focused on creating deeper interoperability between different blockchains and decentralized applications. Flare offers FAssets and the LayerCake protocol to open more blockchains to the power of smart contracts and bridge assets across smart contract-enabled networks. Flare’s native token, called Flare (FLR), can be used as collateral within applications to provide data feeds and to vote on changes to the network.
Blur is a community-driven NFT marketplace and aggregator built for professional traders. It combines advanced trading tools with real time data feeds to let users trade and list NFTs across marketplaces, snipe reveals, and manage their portfolio. BLUR is an ERC-20 token that governs key parameters of the Blur protocol.
Aptos is a decentralized blockchain and scalable Web3 infrastructure. Aptos’ parallel execution engine and modular design allow for high transaction throughput and low latency. APT is the native token for the blockchain and lets users pay for network transaction fees, earn rewards for securing the protocol via staking, and vote on decisions that affect the future of the platform.
The Mina protocol aims to operate the first-ever compressed blockchain. The Mina protocol launched in 2017 with the aim to be a compressed blockchain platform. This compression means that the entire chain is about 22kb in size, taking up roughly as much space as a few Tweets. Mina is for users who do not have the computing power to still be able to operate another type of blockchain node. Mina is a proof-of-stake protocol for programmable payments, apps, permissionless privacy, and more. Mina participants govern the protocol and the chain is secured cryptographically.
Margin trading is now available for the below pairs:
Note:
Will Kraken offer more pairs on margin?
Yes! But our policy is to never reveal details before launch – not even which pairs we are considering. All of Kraken’s listed margin pairs are available on our website. Our client engagement specialists cannot answer any questions about which pairs we may be listing in the future.
Trade with caution
There is no guarantee that a limit order will execute. There is no guarantee of margin pool availability at all times. There is also no guarantee of a market order executing at a certain price. The availability and liquidity of the particular digital asset will impact these types of orders.
Offering margin trading on an asset or token is not a recommendation to buy, sell or participate in the associated network. Do your own research and invest at your own risk.
These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any digital asset or to engage in any specific trading strategy. Some crypto products and markets are unregulated, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position. Geographic restictions apply.
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Source: https://blog.kraken.com/post/17966/expanded-margin-pairs-available-for-flr-blur-apt-and-mina/
