Yes. Kraken lets you use crypto you already hold as collateral to raise your buying power and buy more, in a single flow, without selling.
Your limit depends on your eligible collateral and its haircut, up to a 1x cap in the EEA and other regions. For example, $10,000 in eligible collateral at a 5% haircut gives up to $9,500 in buying power. Check the Loan Center for your personal figure.
Yes. Your crypto is held as collateral and returned when you repay, and you keep full exposure to its price the entire time.
If your loan-to-margin ratio reaches 80%, you’ll get a margin call to add collateral or repay. At 40% LMR, Kraken may sell some of your collateral automatically to cover the loan — you’ll always be warned first.
No fixed term — it’s open-ended, and you can repay partially or in full anytime with no early-repayment fee.
It’s a crypto-backed loan that powers buying, capped at 1x — not leveraged margin trading, and not a consumer credit line.
Kraken Borrow is available for clients across the European Economic Area as well as several other supported markets around the world. It is not currently available for clients living in the US, UK, Canada, Australia, and a small number of other regions.
Eligible crypto you already hold on Kraken, including BTC and ETH, each with its own collateral weighting.
EURC in the EEA, a euro-denominated stablecoin. USDG in other supported markets, a US dollar-denominated stablecoin.
