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Kraken launches margin trading for Bitcoin Cash (BCH) and Ripple (XRP)

Trading fanatics who like to break down the most important cryptocurrencies like Bitcoin and Ethereum, will be thrilled to know they can now do without Bitcoin Cash and Ripple using margin trading on the Kraken exchange

The Kraken exchange announced the addition of BCH and XRP to their margin trading offer. The addition of the two coins to the platform now means that customers can exchange up to 8 digital resources in the margin.

The complete offer now includes BTC, ETH, ETC, REP, XMR, USDT and now BCH and XRP.

Customers will be able to take advantage of up to 3x using BCH and 5x using XRP with different trading pairs including BTC, USD and EUR.

Kraken continues to add new assets to its margin trading platform, which is trying to compete with other margin trading giants like BitFinex and Bitmex.

Margin trading has grown in popularity since last year, as traders have short / sold weak currencies for profit in the bear market.

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