This article is for clients residing in Germany. If you are not located in Germany please visit this article!
Cryptocurrency (also known as digital assets) trading is the buying, selling or holding of cryptocurrencies such as Bitcoin (BTC) or Ethereum (ETH), among others, with the aim of generating a profit from short, medium or long term fluctuations in their prices.
Trading on the platform can be performed by exchanging cash such as EUR for cryptocurrency or exchanging one cryptocurrency for another.
If you are new to the world of cryptocurrency trading, we have put together a number of resources that may help you get started, these include:
- Compare Ethereum vs. Bitcoin.
- A trading glossary that has definitions of terms that you will come across while trading.The different types of cryptocurrencies you can trade. You can find the full list of assets available for German clients here.
- How to trade using leverage and margin.
- How trading fees are calculated.
- Learn about the Kraken API.
If you are already an experienced trader, the following resources may be useful:
- How to set up the different order types and order options available to you on the Kraken platform.
Some differences for German clients:
- Margin Trading: fiat and Stablecoin margin lending will be discontinued. From mid-September, 2024, related orders and positions will be closed for all asset types. However, crypto asset margin lending will continue, after the date stated, and clients will be able to reopen orders and positions.
- Asset Support: support for most assets will be retained. In the case of unsupported assets, trading and staking services will no longer be available, however, we will continuously explore adding new assets for our German clients.