The crypto exchange Kraken exchange has officially launched perpetual futures trading for US customers.
The CFTC-regulated offering gives eligible American clients access on Kraken Pro alongside spot, margin and CME-listed futures.
Perpetual futures allow traders to hold leveraged long or short crypto exposure indefinitely, with significant global volume exceeding $60 trillion a year last year.
“Until now, US traders have had limited regulated options to access them, with most activity taking place offshore. Today’s launch brings that activity onshore through a CFTC-regulated venue…
We intend to expand the contract set and product functionality, including broader collateral options, over time.”
At launch, eligible clients can trade a suite of major digital assets, including BTC, ETH, SOL, XRP, ADA, LINK, DOGE, LTC and AVAX.
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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