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.

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.

https://i0.wp.com/blog.kraken.com/wp-content/uploads/2019/03/kraken-futures-chart.png?resize=768%2C463&ssl=1

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/.

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Krystle M
Krystle is an American cryptocurrency blogger that wants to see the future of crypto and blockchain technology evolve. She has been writing about cryptocurrency for about a year, with a special interest in blockchain technology and regulatory measures around the world. While away from writing and learning about the changes in the cryptocurrency industry, she likes to indulge in science fiction novels and further her experience in playing both guitar and piano.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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