Kraken opened its doors to spot margin trading for US retail clients in May 2026. This move took place shortly after Kraken acquired Bitnomial for $550 million, the first fully CFTC-licensed derivatives company in the US. With spot margin trading now open, US retail traders now have access to 10x leverage on Kraken without having to acquire Eligible Contract Participant status.
Kraken Opens Regulated Margin Trading: But Hidden Exchange Settings May Shape the Outcome
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