Whether you’re looking for a seamless, flexible user experience or performant API trading, Kraken Futures offers a wide range of products on a robust, low latency, high-performance trading platform.
Why trade GMX futures?
- GMX futures are an agreement between two counterparties to buy and sell a specific amount of GMX at a specific future GMX price on a specific date and time
- They allow you to gain exposure to GMX without ever having to own it
- Individuals and organizations that do own GMX can use futures to hedge exposure against market movements
The Kraken Futures 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 Futures 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 GMX/USD, use USDT as collateral and convert any profits to GMX.
GMX futures trading with leverage
Kraken Futures 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 futures wallet with 9 different collateral options.
GMX hodlers: Hedge volatility with Kraken Futures
Use futures to hedge against spot market volatility – no matter which way the underlying market moves.
GMX futures FAQs
What are GMX futures?
How to buy GMX futures?
How to go long on GMX using futures contracts?
How to go short on GMX using futures contracts?