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More leverage, more strategies: Kraken Pro expands margin across 44 pairs

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📰 sources⭐ 7.0
#defi
More leverage, more strategies: Kraken Pro expands margin across 44 pairs
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TL;DR:

Stablecoins up to 10x. Gold tokens, BTC, and ETH regional pairs up to 5x.

Key Points:

  • More leverage, more strategies: Kraken Pro expands margin across 44 pairs
  • Involves BTC, ETH cryptocurrencies

    • Background:

    Decentralized Finance (DeFi) refers to financial services built on blockchain networks that operate without traditional intermediaries like banks. DeFi protocols enable lending, borrowing, trading, and earning yield on cryptocurrency assets through smart contracts.

    Why It Matters:

    DeFi represents a fundamental reimagining of the financial system, offering permissionless access to financial services globally. DeFi developments impact how value is exchanged, stored, and utilized in the crypto ecosystem, driving innovation in financial products and services.