Kraken Exchange Announces Launch of Both Spot and Futures Trading
Kraken Exchange has become a slow but powerful force in the crypto industry, adding to their validity with the recent acquisition of Crypto Facilities. The acquired platform has since been renamed Kraken Futures, but the attention is on the fact that this addition makes it possible to offer both spot and futures trading, which no other crypto exchange offers yet.
Experience next-level trading with cryptocurrency futures! Kraken is the first & only crypto exchange to offer both spot and futures trading to clients. See our blog post for information on how to get started today!https://t.co/9A4rXFgyxJ
— Kraken Exchange (@krakenfx) March 25, 2019
On Kraken Futures, customers will now have the opportunity to trade with up to 50x leverage, giving them the ability to benefit in both bull and bear markets, which is a huge challenge. The interface has a fast response time and the movement between Kraken Futures and Kraken Exchange is ridiculously simple. The exchange already is the home to over $1 billion in trading volume.
According to the online blog, the platform specifically offers the ability to use Ethereum, Litecoin, Bitcoin Cash, Ripple, and Bitcoin futures. Consumers have the option of viewing a market report for Kraken every single day.
To read the official blog post on this launch, visit https://blog.kraken.com/post/2224/kraken-futures-is-a-new-way-to-trade/.