Yes. Kraken lets you use crypto you already hold as collateral to raise your buying power and buy more, in a single flow, without selling.
Up to 3 times the value of your eligible assets, including the crypto you're buying. For example, $10,000 in eligible collateral at a 5% haircut gives up to $28,500 in buying power. Check the Borrow Center for your personal figure.
Yes. The crypto you buy is yours and you keep full exposure to its price. The portion bought with your buying power is held as security until you repay, so it can't be withdrawn or sent during that time — but you can sell it whenever you want.
The Borrow Center shows your borrow health as Healthy, Caution, or At risk. At Caution you may get a margin call asking you to add eligible assets or repay part of what you owe. At At risk, some or all of your crypto may be sold automatically to cover what you owe. This can happen quickly and without additional notice, so don't rely on getting a warning first.
There's no repayment deadline and no minimum payment. Repay partially or in full at any time — with USD for free, or by selling any asset you hold, where a conversion fee applies.
Available to US residents in 48 states, excluding New York and Maine.
Eligible crypto you already hold on Kraken, including BTC and ETH, each with its own collateral weighting.













