Kraken launches regulated cryptocurrency spot leveraged trading in the US, offering up to 10x leverage.

Kraken has launched CFTC-regulated cryptocurrency spot leveraged trading for US retail investors. This is the first product launched by its parent company, Payward, based on the relevant licenses after acquiring Bitnomial. Users can use their cryptocurrency holdings as collateral to obtain liquidity and trade with up to 10x leverage without having to sell their assets.