Update:
We now plan to force close remaining MATIC margin positions at 15:00 PM UTC on September 18th, 2024. We originally said we planned to do this on September 13th, 2024.
Updated - Here is what you need to know:
- At 15:00 PM UTC on September 6th, 2024: MATIC/EUR, MATIC/USD, and MATIC/BTC margin markets will be set to Reduce Only mode.
- At 15:00 PM UTC on September 18th, 2024: Any remaining open MATIC margin positions will be force closed.
Availability of margin trading services is subject to certain limitations and eligibility criteria. Trading using margin involves an element of risk and may not be suitable for everyone. Read Kraken's Margin Disclosure Statement to learn more.
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