Kraken Boosts ETH/USD Margin Leverage to 20x

Kraken has increased the maximum leverage on ETH/USD spot margin positions to 20x for eligible Kraken Pro users in selected jurisdictions. The change does not extend to futures or other trading pairs.

The update allows traders to take larger positions using less capital, but also increases their potential losses. Kraken emphasizes that traders can lose more than their initial investment with this higher leverage.

The exchange stresses that the product is spot margin offered by Payward Trading Ltd in the British Virgin Islands and not a futures contract. Fees, margin engine, order flow, and account structure remain unchanged, including liquidation price, margin ratio, take-profit orders, and stop-loss orders.