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Tag: USDT

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Launching margin trading for eight stablecoin pairs

  • by KrakenFX
  • Posted on June 10, 2022

We’re thrilled to announce that Kraken now supports new margin pairs for Tether (USDT), USD Coin (USDC) and Dai (DAI)! Trading Margin trading is now available for: Pair base Pair name Available leverage Long position limit  Short position limit  USDT USDT/GBP 4 200,000 USDT 200,000…

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Kraken to Support USDT on Ethereum Starting June 2

  • by krakenfx
  • Posted on June 1, 2020July 7, 2020

    Kraken clients will soon be able to tap into the largest market for Tether (USDT).  Starting June 2 at approximately 13:30 UTC, Kraken will launch support for deposits and withdrawals of USDT on the Ethereum blockchain (USDT-ERC20).  Since traders typically deposit USDT for…

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  • Announcements

Ether, Tether and GBP: Kraken Adds 11 New Pairs for Converting Popular Currencies

  • by krakenfx
  • Posted on April 30, 2020June 12, 2020

Starting today, Kraken clients can begin converting popular currencies more efficiently with the addition of 11 new trading pairs to our exchange.  This includes expanded options for converting ether (ETH), USDT and Pound Sterling (GBP), with offerings designed to bring more functionality, while enabling clients…

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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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  • Products

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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About

Kraken is the world’s largest global digital asset exchange based on euro volume and liquidity. Kraken’s global client base trades over 100 digital assets and 7 different fiat currencies, including GBP, EUR, USD, CAD, JPY, CHF and AUD.

Founded in 2011, Kraken was the first U.S. crypto firm to receive a state-chartered banking license, as well as one of the first exchanges to offer spot trading with margin, regulated derivatives and index services. Kraken is trusted by millions of traders, institutions and authorities around the world and offers professional, around the clock online support.

Kraken is backed by investors including Tribe Capital, Hummingbird Ventures, Blockchain Capital and Digital Currency Group, among others. For more information about Kraken, please visit www.kraken.com.

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