Kraken starts MiFID II-conforming derivative platform in Europe: Perpetuelle and fixed-income contracts available for EEA retailers

Kraken starts MiFID II-conforming derivative platform in Europe: Perpetuelle and fixed-income contracts available for EEA retailers
Kraken starts Mifid II regulated derivative platform in Europe
The Kraken crypto exchange has launched a new platform for derivative financial instruments in Europe, which meets the requirements of the MiFID II directive. This platform is aimed at dealers from the European Economic Area (EEA) and offers both perpetual (permanent) and fixed contracts.
The introduction of this regulated derivative platform is a significant step for octopuses, since it enables EU retailers to act on a safe and conforming platform with derivatives. This could help strengthen the trust of investors in cryptocurrencies and their trade.
With the range of perpetual and fixed contracts, octopuses offer its users various trade strategies that enable them to target their investments. Perpetual contracts have no defined process, while fixed contracts run over a defined period of time. This range enables traders to optimize their positions in different market conditions.
By compliance with the MiFID II requirements, Kraken shows his commitment to regulatory transparency and the protection of investors. This could have a positive impact on the market acceptance of cryptocurrencies in Europe and help to get into the cryptom market.
Overall, the opening of the MiFID II-regulated derivative platform is an important progress in the development of crypto trade in Europe and offers dealers new opportunities to diversify their strategies and to protect against market risks.