Kraken is making significant strides in broadening access to advanced trading tools for retail investors with the launch of Kraken Perps. This new feature, integrated directly into the main Kraken application, is designed to simplify perpetual contracts, making them more intuitive and accessible for everyday users looking to engage in crypto derivatives trading.
Empowering Retail Traders with Perpetual Contracts
Kraken Perps enables eligible clients in select regions to speculate on cryptocurrency price movements without needing to own the underlying assets. A key advantage of these perpetual contracts, distinguishing them from traditional futures, is their lack of an expiration date. This flexibility allows traders to hold long or short positions indefinitely, adjusting their market exposure as their conviction or strategy evolves. The seamless integration into Kraken's primary app aims to provide a user-friendly experience, making sophisticated trading more approachable than dedicated "Pro" platforms.
Intuitive Design and Risk Management
The introduction of Kraken Perps includes crucial features such as USD collateral support and built-in protections, including customizable stop-loss orders, to assist with risk management. Kraken's explicit goal is to demystify derivative trading, making it both intuitive and accessible. However, the exchange responsibly emphasizes that these instruments carry significant risk and may not be suitable for all investors, urging caution and due diligence. This initiative underscores Kraken's commitment to democratizing advanced financial tools, bringing sophisticated crypto speculation within reach of a wider retail audience.
