New margin pairs for APE and WAVES now available – Kraken Blog

new-margin-pairs-for-ape-and-waves-now-available-–-kraken-blog

We’re thrilled to announce that Kraken now supports new margin pairs for ApeCoin (APE) and Waves (WAVES)!

Trading

Margin trading for these assets is available now. You can add these tokens to your Kraken account by navigating to Funding.

Pair base Pair name Available leverage Long Position Limit  Short Position Limit 
APE APEUSD 3X 10,000 APE 10,000 APE
APEEUR 3X 5,000 APE 5,000 APE
WAVES WAVESUSD 3X 3,000 WAVES 3,000 WAVES
WAVESEUR 3X 3,000 WAVES 3,000 WAVES

Here’s what you need to know about the assets:

Waves (WAVES) – Waves is a blockchain platform that supports a full range of decentralized applications, known as dapps. Waves enables anyone to create their own cryptocurrencies, crypto collectibles or blockchain services. WAVES tokens serve as the native cryptocurrency of the network, used to secure the network through staking and to pay for fees.

ApeCoin (APE) – ApeCoin is a community-owned token for culture, gaming and commerce. ApeCoin is an ERC-20 governance and utility token designed to be used within the APE ecosystem to empower a decentralized community building at the forefront of Web3. ApeCoin allows holders to participate in the ApeCoin DAO, access exclusive APE ecosystem perks and pay for goods and services.

Keep an eye on our status page for updates.  Check out all of Kraken’s supported margin pairs here.

Note: 

Will Kraken list more assets?

Yes! But our policy is to never reveal any details before launch – not even which assets we are considering. All of Kraken’s listed assets are available on our website and all future tokens will be announced on Kraken’s blog and social media profiles. Our client engagement specialists cannot answer any questions about which assets we may be listing in the future. 

Trade with caution

There is no guarantee that a limit order will execute. There is also no guarantee of executing at a certain price for a market order. The availability and liquidity of the particular digital asset will impact these types of orders.

Listing an asset or token for trade is not a recommendation to buy, sell or participate in the associated network. Do your own research and invest at your own risk.

These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, or hold any digital asset or to engage in any specific trading strategy. Some crypto products and markets are unregulated, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your crypto assets and you should seek independent advice on your taxation position.

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