Whether you’re looking for a seamless, flexible user experience or performant API trading, Kraken derivatives offers a wide range of products on a robust, low latency, high-performance trading platform.
Why trade Monero derivatives?
- Monero derivatives are an agreement between two counterparties to buy and sell a specific amount of XMR at a specific future Monero price on a specific date and time
- They allow you to gain exposure to Monero without ever having to own it
- Individuals and organizations that do own Monero can use derivatives to hedge exposure against market movements
The Kraken Derivatives multi-collateral advantage
Gain exposure to a wide range of assets without owning them outright. With a variety of collateral options, you have flexibility when opening new positions or maintaining existing positions. And no matter what crypto you trade, you can choose to convert any profits into a currency of your choice.
Introducing the Multi-Collateral Derivatives wallet
The multi-collateral wallet allows you to use a variety of collateral types to manage all of your positions, without needing to move funds around. For example, you can open a position on XMR/USD, use USDT as collateral and convert any profits to Monero.
Monero derivatives trading with leverage
Kraken Derivatives offers leverage, allowing you to amplify your buying or selling power.
Flexibility in risk management
New margin mode functionality allows you to trade using isolated margin to limit your downside per contract, or use cross margin to utilize all of your collateral across all positions.
Trade a range of currency pairs
Gain exposure to a variety of pairs using your multi-collateral derivatives wallet with 9 different collateral options.
Monero hodlers: Hedge volatility with Kraken Derivatives
Use derivatives to hedge against spot market volatility – no matter which way the underlying market moves.
Unlock advanced crypto trading with Kraken Pro
Trade spot, margin, derivatives and staking all in one place.
Monero derivatives FAQs
What are Monero derivatives?
How to buy Monero derivatives?
How to go long on Monero using derivatives contracts?
How to go short on Monero using derivatives contracts?
Keep sailing the high seas of success! What’s next?
Risk Disclaimer
- Trading derivatives and other instruments using leverage involves an element of risk and may not be suitable for everyone. Read Kraken’s risk disclosure to learn more.
- Leveraged derivatives are complex instruments and entail a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money when trading leveraged derivatives. You should consider whether you understand how leveraged derivatives work and whether you can afford to take the high risk of losing your money