Kraken opened a margin trading platform for Bitcoin Cash and XRP.

[Paha87]

The popular bitcoin exchange Kraken launched on Saturday, December 29, margin trading with Bitcoin Cash and XRP.

Kraken launches Bitcoin Cash (BCH) and Ripple (XRP) margin trading | Kraken Blog
We are pleased to announce the launch of margin trading for Bitcoin Cash (BCH) and Ripple (XRP). The addition expands our margin offering to 8 assets, including Bitcoin (XBT), Ethereum (ETH),...

As stated in the message of the exchange, trading with leverage for BCH and XRP is available in pairs with bitcoin, dollar and Euro.

The size of the shoulder is quite modest: BCH/XBT – 2x; BCH/USD – 2x, 3x; BCH/EUR – 2x, 3x, XRP/XBT – 2x, 3x; XRP/USD – 2x, 3x, 4x, 5x; XRP / EUR – 2x, 3x, 4x, 5x.

In addition, there are limits on the amount of available borrowed funds – depending on the level of account verification, they range from 1 to 500 BCH and from 5 000 to 2.5 million XRP.

Until today, Kraken has supported margin trading in pairs with BTC, Ethereum, Ethereum Classic, Augur, Monero and Tether.

Earlier in December, it was reported that Kraken is considering the possibility of private placement of securities, estimating the value of the company at $4 billion.

Link to the source of information (Russian) - https://forklog.com/birzha-kraken-otkryla-marzhinalnuyu-torgovlyu-bitcoin-cash-i-xrp/

[cryptomate3473]

Kraken is papolar crypto exchange good to know they are launching margin trading platform for Bitcoin Cash and XRP.