The gift under the tree: Kraken opens for trading with leverage for XRP and Bitcoin Cash
Source:
Want to make money or to lose money on the crypt even faster? Visit The Kraken. More recently, the exchange began to support margin trading . To date, the platform has offered a total of six trading pairs trading with leverage — , , , , and .
theNew opportunities for traders
The Kraken said that both cryptocurrencies are not currencies security. In other words, to open position against its own balance sheet only in XRP or BCH impossible.
Please note that BCH and XRP are not a currency provision. So you can open trading positions in your account should be a sufficient amount of other cryptocurrencies.
As margin with the traders will take bitcoins or any other currency of collateral.
Be careful when you open the position to other cryptocurrencies, in addition to BCH or XRP. This reduces the total balance of funds available on the account. When they lack of your position in BCH or XRP will be eliminated.
To minimize the risk customers, the exchange did not introduce the ability to trade with high leverage. Traders will be able to borrow a maximum of five times more money from their margin only in currency pairs XRP/USD and XRP/EUR. The maximum leverage for BCH/XBT — only 2x.
Recently, XRP also dalistyle to the exchange Bitrue as the main asset. The exchange team noted the event with a short message on Twitter.
Source: Reddit
We are pleased to announce the addition of many trading pairs with XRP in the coming months. In the first week of 2019, we will add the 5 new trading pairs. The order of listing of coins will solve the community!
In Order not to miss an opportunity to earn extra money on Ripple, investigate margin trading. More information on trading can be found in our .
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