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 obtainable for the brand new buying and selling pair:
| Pair base | Pair title | Out there 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 primarily based 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 acknowledged 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 it’s best to know:
In an effort to commerce utilizing margin, you will want to carry a minimum of one collateral foreign money.
The provision of margin buying and selling companies is topic to sure limitations and eligibility standards.
Margin buying and selling incurs extra charges for opening, closing and holding a place. Be taught extra in regards to the totally different charges and charges.
Will Kraken provide 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 consumer engagement specialists can not reply any questions on which pairs we could also be itemizing sooner or later.
Commerce with warning
There is no such thing as a assure {that a} restrict order will execute. There is no such thing as a assure of margin pool availability always. There’s additionally no assure of a market order executing at a sure worth. The provision and liquidity of the actual digital asset will impression these kinds of orders. Able to commerce however don’t have a Kraken account but? Enroll at present!
