kraken Launches Regulated Crypto Derivatives for U.S. Traders
Kraken has introduced a new service for U.S. users, allowing them to trade cryptocurrency derivatives. This feature, called kraken Derivatives US, is now available on the Kraken Pro platform.
Derivatives are financial contracts based on the value of an underlying asset. In this case, the assets are cryptocurrencies. This new service lets traders speculate on price movements without owning the actual coins.
The launch aims to bring more trading options to the U.S. market. It also shows Kraken’s commitment to regulatory compliance. The platform will offer futures trading, a type of derivative.
Key benefits include:
- Regulated trading habitat
- Access to futures contracts
- Integration with Kraken Pro
Traders can now explore new strategies and manage risks better. For more details, visit the kraken website.
This move coudl attract more institutional investors to the crypto space. It may also boost trading volumes on the platform.