Kraken Launches US Crypto Borrowing With Up To 3x Buying Power
Kraken has launched Kraken Borrow US for eligible customers in 48 states. Users can borrow against supported assets to buy additional crypto, with total buying power of up to three times eligible collateral value. The product has no fixed repayment deadline or minimum payment, but interest and liquidation risk still apply. **ID:** B25-01 **Site:** Bitcoinist […]
Key Takeaways
- Kraken has launched Kraken Borrow US for eligible customers in 48 states.
- Users can borrow against supported assets to buy additional crypto, with total buying power of up to three times eligible collateral value.
- The product has no fixed repayment deadline or minimum payment, but interest and liquidation risk still apply.
Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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