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Kraken

Kraken Adds JTO, GRASS, WLFI Margin Pairs

Kraken Pro now offers margin trading for JTO/USD, GRASS/USD, and WLFI/USD, with WLFI/USD also available for short selling.

Published by: CoinTools

Source-checked briefing: prepared from the official notice cited below and checked for source, date, duplication, and risk language. No individual editor review is claimed. Methodology

Kraken: Kraken Adds JTO, GRASS, WLFI Margin Pairs
Direct answer

Kraken announced that margin trading is now available for JTO/USD, GRASS/USD, and WLFI/USD on Kraken Pro, bringing the total to over 250 margin-enabled markets. All three pairs offer up to 3x leverage, but are long-only, except WLFI/USD, which also supports short selling. The announcement does not require any action from users; it merely informs them of the new availability.

Announcement visual briefKraken
KrakenMargin Trading
Event at a glance
  1. 01

    Margin trading is now available for JTO/USD, GRASS/USD, and WLFI/USD on Kraken Pro.

  2. 02

    All three new pairs offer up to 3x leverage.

  3. 03

    JTO/USD, GRASS/USD, and WLFI/USD are available as long-only, but WLFI/USD also supports short selling.

Built from the official exchange announcement and verified facts in this article. Check the source page for final timing and scope.

Key timeline

Kraken publishes announcement of new margin pairs.

Who may be affected

  • Kraken Pro users who trade margin on JTO, GRASS, or WLFI.
  • Users interested in short selling WLFI/USD.

Impact analysis

The direct operational consequence is that eligible Kraken Pro users can now open margin positions on JTO/USD, GRASS/USD, and WLFI/USD with up to 3x leverage. For WLFI/USD, short selling is enabled, which was not previously available. Users must hold at least one collateral currency and meet eligibility criteria. Margin trading involves additional fees and risks, including the possibility of losing more than the initial investment. The announcement does not indicate any changes to existing pairs or services.

What the announcement does not say

The source does not specify the exact collateral currencies accepted, the precise eligibility criteria, or the fee schedule for these new pairs. It also does not disclose whether these pairs are available in all jurisdictions or to all users.

Risk notes

  • Margin trading involves significant risk and may not be suitable for all investors; you could lose more than your initial investment.
  • There is no guarantee that a limit order will execute, that margin pool availability will be constant, or that a market order will execute at a certain price.
  • The availability and liquidity of the digital assets will impact order execution.
  • Spot margin trading products are offered by Payward Trading Ltd, incorporated in the British Virgin Islands (BVI).
  • This article is for informational purposes only and does not constitute investment or trading advice.

This article is for information only and is not investment, legal, or tax advice. Digital assets are volatile and may result in loss of principal.

Frequently asked questions

Do I need to do anything to access these new margin pairs?

The announcement does not specify any required action. To trade on margin, you must hold at least one collateral currency and meet eligibility criteria, but no registration or opt-in is mentioned.

Are these pairs available for short selling?

According to the announcement, WLFI/USD is available for short selling, while JTO/USD and GRASS/USD are long-only.

Official sources

  1. New assets and pairs available for margin trading: JTO, GRASS and WLFI!

Collected material is used only for fact checking. If this page differs from the original announcement, the official page controls.