Spot margin trading: Trade crypto with up to 5x leverage

Crypto trading is generally well understood, but what if you're looking for more advanced features to power your strategies? That's where margin trading comes in.

Opening a spot position on margin (also called "margin trading") can amplify your exposure to market volatility, giving your trading strategies even more flexibility.
Kraken offers over 100 margin-enabled markets for you to buy (go "long") or sell (go "short") a growing number of cryptocurrencies with up to 5x leverage.

• Spot trading with and without the use of margin

Spot margin trading lets you buy and sell crypto on Kraken using funds that could exceed the balance of your account. Unlike futures and derivatives trading, spot margin trading involves buying or selling the actual underlying assets, rather than financial contracts.

For example:
Suppose you fund your account with $5,000 USD. Using an extension of margin from Kraken, you could buy or sell $10,000 USD worth of BTC/USD on the BTC/USD order book with this account.

• Margin trading terms & concepts
• How to trade using margin

With Kraken, margin trading is intuitive and accessible. Easily trade up to 5x leverage on liquid markets whether you're placing a market or limit order.

Margin trading is currently available on Kraken with:

Kraken offers stable and predictable fees for margin trades. Depending on the margin pair you’re trading, you are charged between 0.01% and 0.02% to open a position. Rollover fees of the same amount occer every 4 hours the position remains open.

Before using margin to trade crypto, please take time to fully understand the unique risks involved. There are a lot of concepts to learn, but this is your money at stake, so it's worth your time to walk through everything carefully.

• What are the fees (opening and rollover) for trading using margin?
• What are the margin allowance limits?