Kraken launches Borrow for US customers in 48 states
- —Available in 48 states; New York and Maine excluded
- —Buying power up to 3x the value of eligible assets
- —27 trading pairs supported on Bitnomial at launch
- —Over 48 assets eligible as collateral; no minimum payment or repayment deadline
Why it matters: A major exchange is bringing margin trading to US retail through CFTC-regulated rails, intensifying competition for leverage products in the US market.
Source: Kraken Blog