New pair available for margin trading: AKT/USD!
By KrakenFX
AI summary of the source article
Kraken has announced the launch of margin trading for the AKT/USD pair. Akash Network (AKT) functions as a decentralized, open-source cloud computing marketplace that allows providers to lease compute capacity, serving GPU-intensive tasks such as artificial intelligence and machine learning. To trade on margin, users must hold at least one collateral currency, and trades remain subject to eligibility criteria, liquidity conditions, and specific fees. The spot margin trading services are offered by Payward Trading Ltd, incorporated in the British Virgin Islands, and carry significant financial risk.
Key facts
- Kraken has made margin trading available for the AKT/USD trading pair.
- Akash Network provides a decentralized compute marketplace used for GPU-intensive AI and machine learning tasks.
- Spot margin trading products on Kraken are offered by Payward Trading Ltd.