Augur (REP) margin trading is now available on Kraken! Read on for the details.

What currency pairs and leverages are available?

REP/XBT, REP/ETH, REP/EUR: 2x

What are the REP limits?

The REP limits depend on the verification level of the account as follows:

Tier 1: 200 REP

Tier 2: 1000 REP

Tier 3: 2500 REP

Tier 4: 5000 REP

What are the margin fees?

Margin open fee = 0.02%

Rollover fee = 0.02% / 4 hrs

REP not a collateral currency

Please note that REP will not be a collateral currency, meaning that you cannot open margin positions against the value of your REP balances. For this reason you should always maintain adequate balances in other collateral currencies to maintain your margin positions. To see the current list of collateral currencies, go here: https://support.kraken.com/hc/en-us/articles/204585998-Collateral-Currency

Learn more about margin trading

Why do traders like margin trading? Because it allows you to leverage your account for greater profits. However it also comes with greater risk – if you are unfamiliar with margin trading and how it works, you can learn all about it by visiting the two sections on margin trading in our Support Center.

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