Kraken Brings Regulated Perpetual Futures to US Traders
Kraken has launched CFTC-regulated perpetual futures for US traders. This is a significant development in the crypto market, as it brings a popular trading product to the US market.
Perpetual futures are a type of derivatives contract that allows traders to take leveraged long or short positions without constantly rolling contracts. They have been widely used in offshore markets but were previously unavailable to US traders due to regulatory restrictions.
Kraken's new offering is provided through Kraken Derivatives US and Bitnomial Exchange, both CFTC-regulated entities. This structure allows for a regulated derivatives product that complies with US regulations, providing US traders with access to a familiar trading format.