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Kraken introduces tether-USD leverage & other enhancements to margin program

  • by krakenfx
  • Posted on April 20, 2017August 11, 2020

Kraken launched support for tether-USD (USDT/USD) trading on March 29 and now adds 2x leveraged margin trading for this pair. Further enhancements to the margin program include higher 5x leverage for other trading pairs: Bitcoin-USD (XBT/USD): 5x Ether-bitcoin (ETH/XBT): 5x Ether-EUR (ETH/EUR): 5x Ether-USD (ETH/USD):…

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Kraken Announces Support for “crypto dollar” Tether (USDT)

  • by krakenfx
  • Posted on March 29, 2017June 8, 2017

Kraken is pleased to announce support for Tether (USDT). Utilizing the Omni Protocol, Tether is built on the Bitcoin blockchain and backed by fiat so that 1 USDT represents 1 US dollar held in reserve by the company behind the Tether project. Adding tether to…

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Founded in 2011, Kraken Digital Asset Exchange is one of the world’s largest and oldest bitcoin exchanges with the widest selection of digital assets and national currencies. Based in San Francisco with offices around the world, Kraken’s trading platform is consistently rated the best and most secure digital asset exchange by independent news media. Trusted by hundreds of thousands of traders, institutions, and authorities, including Germany’s BaFin regulated Fidor Bank, Kraken is the first exchange to display its market data on the Bloomberg Terminal, pass a cryptographically verifiable proof-of-reserves audit, and one of the first to offer leveraged margin trading. Kraken investors include Blockchain Capital, Digital Currency Group, Hummingbird Ventures and Money Partners Group. For more information, please visit: Kraken.com.
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