Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Kraken launches forex perpetual futures with up to 20x leverage

Kraken launches forex perpetual futures with up to 20x leverage

The BlockThe Block2025/04/17 16:00
By:By MK Manoylov

Quick Take GBP/USD and EUR/USD perpetual futures will be available on Kraken Pro, the exchange’s product offering more technical tools for advanced traders.

Kraken launches forex perpetual futures with up to 20x leverage image 0

cryptocurrency exchange Kraken has launched two new foreign exchange perpetual futures contracts — GBP/USD and EUR/USD — on its Kraken Derivatives platform, the company said in a release on Friday.

The contracts offer up to 20x leverage and are available on Kraken Pro , the exchange’s advanced trading platform introduced in 2022. Kraken said it plans to roll out additional forex pairs in the future.

However, traders in the European Union, the United Kingdom and other regions outside Kraken Derivatives’ eligible locations are barred from trading the new FX perpetuals, according to the company’s website .

"Kraken has long been one of the leading FX spot venues in crypto," said Kraken Head of Derivatives Alexia Theodorou in a statement. "By introducing FX perps, we’re capitalizing on this market-leading position by providing clients with a powerful new tool to better navigate and tailor exposure to some of the most widely traded currency markets in crypto today."

The launch follows Kraken’s recent $1.5 billion acquisition of U.S.-based retail futures trading firm NinjaTrader , as part of its broader push to expand into new asset classes, The Block previously reported.


0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!