Kraken Launches Regulated Perpetual Futures Trading for US Customers
- Kraken has launched perpetual futures trading for eligible US clients on Kraken Pro.
- This CFTC-regulated offering allows traders to hold leveraged positions indefinitely.
- Perpetual futures trading had a global volume exceeding $60 trillion last year.
- At launch, clients can trade major assets like BTC, ETH, and ADA.
The introduction of regulated perpetual futures onshore is significant as it provides US traders with more compliant options compared to offshore alternatives. Kraken plans to expand its contract offerings and collateral options in the future, enhancing its derivatives market presence.
This launch marks a pivotal moment for US cryptocurrency trading, allowing users to engage in leveraged trading within a regulated framework. The move aims to bring previously offshore activity into a compliant environment. (Source)
