Kraken now supports new margin pairs for: NEAR Protocol (NEAR) and 6 networks (SEI)!
Margin trading is now available for NEAR and SEI using the pairs below.
| fair base | pair name | Available Leverage | Long position limit | Short position limit |
| near | Near USD | three | 8000 | 10000 |
| BE | SEIUSD | 2 | 40000 | 45000 |
Here’s what you need to know about assets:
NEAR Protocol (NEAR) A cloud-based computing platform for Web3 and decentralized applications (dApps). The protocol’s community-run cloud infrastructure and new sharding architecture enable developers to create interoperable and scalable applications. NEAR is the platform’s native token used to pay network transaction fees and earn rewards for securing the protocol through staking.
SEI Network (SEI) It is a layer 1 blockchain developed by Cosmos that aims to provide next-generation DeFi infrastructure. Sei Network leverages a centralized order book (CLOB) to facilitate dApp integration and access to liquidity within the Cosmos ecosystem. SEI validators may choose to accept other Comos ecosystem-endorsed tokens for gas payments, depending on network governance. SEI tokens allow users to pay gas fees and also serve as the protocol’s governance token.
What you need to know before you start:
Does Kraken offer more pairs with margin?
yes! However, our policy is not to reveal any details prior to launch. The same goes for which pair you are considering. All margin pairs listed on Kraken can be found on our website. Our Customer Engagement Specialists are unable to answer questions about which pairs we will list in the future.
Trade with caution
There is no guarantee that limit orders will be executed. Margin pool availability is not always guaranteed. Additionally, there is no guarantee that a market order will be executed at a specific price. The availability and liquidity of a particular digital asset affects these types of orders.
Providing margin trading for any asset or token does not encourage buying, selling or participation in the relevant network. Do your own research and invest at your own risk.
These materials are provided for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptocurrency or to engage in any particular trading strategy. Kraken does not and will not seek to increase or decrease the price of any particular cryptocurrency it offers. Some cryptocurrency products and markets are unregulated and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptocurrency market may result in loss of funds. Taxes may be levied on the appreciation and/or reporting of your cryptocurrency assets and you should seek independent advice regarding your tax position. Geographic restrictions may apply.