Margin trading lets you trade with leverage using your existing crypto as collateral. You trade actual underlying assets, not financial contracts. On Kraken Pro, you can go long or short with up to 10x leverage1 on selected assets. Your full Kraken balance may be at risk if your position is liquidated.
Margin charges between 0.01% and 0.05% to open a position, depending on the token pair. A rollover fee of the same rate applies every 4 hours the position stays open. Your rate is locked at execution and displayed on the order form before you confirm.
Liquidation happens when your collateral value drops below the level needed to support your position. Kraken shows your liquidation price on the order form before you confirm, and it updates live while your position is open. Setting a stop-loss gives you an automatic floor so your position closes before it reaches that point.
Kraken Pro accepts 48+ eligible crypto assets as collateral — not just USDC.
Margin trading is available in a growing number of regions. Availability varies by location. Check your account settings or our regional availability page to confirm access in your area.
