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Expanded margin pairs available for ARB!

Expanded margin pairs available for ARB!


Kraken now supports new margin pairs for Arbitrum (ARB)!

Margin trading is now available for the below pairs for ARB: 

Pair base
Pair name
Available leverage
Long Position Limit 
Short Position Limit

ARB
ARBUSD
3
30,000
10,000

ARB
ARBEUR
3
17,000
7,000

Here’s what you need to know about the assets:

Arbitrum (ARB) is a Layer 2 scaling solution for the Ethereum blockchain designed to reduce fees and increase transaction throughput. Using an off-chain scaling technique called Optimistic Rollups, Arbitrum helps to reduce the amount of computation and data stored directly on the Ethereum network’s mainnet.

Note: 

 

Will Kraken offer more pairs on margin?

Yes! But our policy is to never reveal any 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 restrictions apply.

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Source:
https://blog.kraken.com/post/18211/expanded-margin-pairs-available-for-arb/

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