Summary
- Kraken announced the official listing of Pi Network (PI) perpetual futures trading.
- Kraken Pro launched a product offering up to 20x leverage for PI tokens.
- However, it was reported that the PI price did not show a noticeable uptrend despite the listing.
Global cryptocurrency exchange Kraken has officially listed Pi Network (PI) perpetual futures trading.
On the 24th (local time), according to cryptocurrency specialist media CoinDue, Kraken Pro launched a perpetual futures product offering up to 20x leverage for PI tokens. This is the first time PI has been listed on a major cryptocurrency derivatives exchange. Previously, on the 23rd, Kraken announced the listing of PI perpetual futures.
The media added, "Despite this listing, the PI price has not shown a noticeable uptrend, and market skepticism about the project's decentralization, liquidity, and mainnet delay remains."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
