We’re thrilled to announce help for a brand new USD margin pair for Moo Deng (MOODENG) — taking our whole to over 220+ markets enabled for margin buying and selling on Kraken Professional!
Margin buying and selling is now out there for the brand new buying and selling pair:
| Pair base | Pair identify | Obtainable Leverage | Lengthy Place Restrict | Brief Place Restrict |
| MOODENG | MOODENG/USD | 3x | 130,000 | 130,000 |
Right here’s some extra details about the token:
Moo Deng (MOODENG) is a memecoin based mostly on the well-known pygmy hippopotamus on the Khao Kheow Open Zoo in Si Racha, Chonburi, Thailand. The Solana-based token is held by followers of the hippo, whose neighborhood congregates on X and Telegram. As a memecoin, MOODENG has no said utility, its worth as an alternative arising from the vibrancy of its neighborhood and the virality of Moo Deng the hippo.
Earlier than you begin, what you must know:
In an effort to commerce utilizing margin, you’ll need to carry at the least one collateral foreign money.
The provision of margin buying and selling providers is topic to sure limitations and eligibility standards.
Margin buying and selling incurs further charges for opening, closing and holding a place. Be taught extra concerning the completely different charges and costs.
Will Kraken supply extra pairs on margin?
Sure! However our coverage is to by no means reveal any particulars earlier than launch – not even which pairs we’re contemplating. All of Kraken’s listed margin pairs can be found on our web site. Our shopper engagement specialists can not reply any questions on which pairs we could also be itemizing sooner or later.
Commerce with warning
There isn’t a assure {that a} restrict order will execute. There isn’t a assure of margin pool availability always. There may be additionally no assure of a market order executing at a sure worth. The provision and liquidity of the actual digital asset will influence most of these orders. Able to commerce however don’t have a Kraken account but? Enroll at present!
