Expanded margin pairs available for RNDR and FET!

We’re thrilled to announce that Kraken now supports new margin pairs for Render (RNDR) and Fetch.ai (FET)!

Margin trading is now available for the below pairs for RNDR and FET: 

Pair base Pair name Available leverage Long Position Limit  Short Position Limit
RNDR RNDRUSD  3 5000 5000
FET FETUSD 3 20000 20000

Here’s some more information about the tokens:

Render (RNDR) is a distributed rendering network of GPU computers built on Ethereum. It aims to connect users that require GPU power with node operators who have idle GPU capacity. The RNDR token is used by creators on the network to pay providers for their processing power.

Fetch.ai (FET) is building a decentralized machine learning platform that enables anyone to share or exchange data. Fetch aims to create a new digital economy where people can bypass centralized aggregators by using software agents known as autonomous economic agents (AEAs). The FET token empowers users to pay for data requests on the network, vote on upcoming proposals and earn staking rewards.

Before you start, what you should know:

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 cryptoasset or to engage in any specific trading strategy. Kraken does not and will not work to increase or decrease the price of any particular cryptoasset it makes available. 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 may apply.

The post Expanded margin pairs available for RNDR and FET! appeared first on Kraken Blog.

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Author: KrakenFX

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