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 Spell Token futures?
- Spell Token futures are an agreement between two counterparties to buy and sell a specific amount of SPELL at a specific future Spell Token price on a specific date and time
- They allow you to gain exposure to Spell Token without ever having to own it
- Individuals and organizations that do own Spell Token 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 SPELL/USD, use USDT as collateral and convert any profits to Spell Token.
Kraken 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.
Hedge volatility with Kraken Futures
Use futures to hedge against spot market volatility – no matter which way the underlying market moves.
Spell Token futures FAQs
What are Spell Token futures?
How to buy Spell Token futures?
How to go long on Spell Token using futures contracts?
How to go short on Spell Token using futures contracts?