US Based Crypto Exchange Launches Kraken Futures Mobile Trading App For iOS and Android

On Thursday, November 21, 2019, Kraken Digital Asset Exchange revealed that its Kraken Futures app is now accessible on iOS and Android devices.

Regulated by the Financial Conduct Authority (FRN 757895), Kraken Futures is described as a professional trading platform for derivatives on digital assets. With this platform, users are given the opportunity to trade digital assets, long and short, with a maximum of 50x leverage.

As per the blogpost, the new Kraken Futures app permits users to simply log in using a QR Code, access a live orderbook (i.e. buy and sell offers, current spread, etc.) and price chart, commence order types (i.e. stop-loss orders versus immediate-or-cancel orders), administer positions and orders (i.e. search assets based on total portfolio value, ROI and liquidation prices, etc.) and even access one’s account history.

Some of the general benefits of trading via Kraken Futures include a payout of 30% of all fees made back to traders, having access to a high throughput platform (so that tasks can be completed instantly) and being able to transfer collateral between futures and spot among others.

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Nirmala Velupillai
Nirmala Velupillai
Nirmala is a blogger who has been fascinated by the world of technology and its contributions to societal development. While a novice, her eager to learn about the crypto world has led her to write a number of pieces on its positive and negative aspects. On her spare time, she indulges in understanding and building statistical models and enhancing her painting skills.

[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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