New USD pairs available for spot margin trading: PEPE, WLD, RENDER, PENGU!

We are making new pairs available for spot margin trading in the US, taking our total to 28 markets enabled for spot margin trading on Kraken Pro!

Margin trading is now available for five new trading pairs:

Here’s some more information about the token:

Pepe (PEPE) is a memecoin on Ethereum that is based on pepe the frog internet meme.

Worldcoin (WLD) is a decentralized identity and financial network designed to provide global economic access. The project aims to enable secure identity verification, decentralized finance participation, and AI-driven universal basic income (UBI). Users can store cryptocurrencies, verify identity on third-party apps, and participate in governance through WLD tokens.

Render (RENDER) is a decentralized computing platform, enabling artists to tap into a global ecosystem of GPU nodes for rendering work. It offers a two-way marketplace for idle compute, and new methods for digital rights management. The Solana-based RENDER token (known as RNDR prior to its migration) is used both for payments and governance within the Render Network’s ecosystem.

Pudgy (PENGU) is an Ethereum-based NFT project featuring unique, collectible penguin characters. It has evolved into a community-driven brand, expanding into merchandise and other forms of media. The PENGU token allows holders to participate in governance and decision-making processes within the ecosystem.

Before you start, what you should know:

In order to trade using margin, you will need to hold at least one collateral currency.

The availability of margin trading services is subject to certain limitations and eligibility criteria.

Margin trading incurs additional fees for opening, closing and holding a position. Learn more about the different rates and fees.

Will Kraken offer more pairs on margin?

Yes! But our policy is to never reveal any details before launch – not even which pairs we are considering. All of Kraken’s listed margin pairs are available on our website. Our client engagement specialists cannot answer any questions about which pairs we may be listing in the future. 

Trade with caution

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

Ready to trade but don’t have a Kraken account yet? Sign up today! 

Spot margin trading involves substantial risk and is not suitable for everyone. You may lose all or more than the initial investment, exceeding the value of collateral deposited with the firm to open and maintain the position. You may be required to provide additional collateral on short notice or no notice, and you may remain responsible for any deficiency after liquidation and collateral application. Trading should be undertaken only with risk capital—funds that can be lost without jeopardizing one’s financial security or lifestyle—and only by those who can afford such losses. While leverage can increase potential returns, it also significantly increases risk. Leverage available may vary by asset. Past performance is not necessarily indicative of future results. Availability of spot margin trading through Kraken Derivatives US is subject to certain limitations and eligibility criteria. View Risk Disclosure Statement.

Spot margin trading is provided by NinjaTrader Clearing, LLC d/b/a Kraken Derivatives US, a CFTC-registered Futures Commission Merchant and NFA Member (NFA ID: 0309379), with financing provided by Payward Accredited LLC. View Disclosures.