Spend more than your cash balance: introducing Kraken Borrow for US customers

AI summary of the source article

Kraken has launched Kraken Borrow US across 48 states, excluding New York and Maine. The service provides eligible users with up to 3x buying power using over 48 collateral assets across 27 trading pairs. Margin borrowing executes on CFTC-regulated rails through Kraken Derivatives US when purchases exceed a customer's available USD balance.