How to cancel Kraken leverage

To cancel a Kraken leverage position, log in, go to the "Leverage" tab under "Trading," locate and click the "Cancel" button next to the position, confirm the cancellation, and funds will be returned to the account immediately.

Nov 09, 2024 at 05:48 pm

How to Cancel Kraken Leverage

Step 1: Log in to your Kraken account

Navigate to the Kraken website and click on the "Log in" button located in the top right corner of the page.
Enter your email address and password and click on the "Log in" button.

Step 2: Go to the "Trading" page

Once you are logged in, click on the "Trading" tab located in the top menu bar.
On the "Trading" page, click on the "Leverage" tab located in the left sidebar.

Step 3: Find the open position you want to cancel

On the "Leverage" page, you will see a list of all of your open leverage positions.
Find the position you want to cancel and click on the "Cancel" button.

Step 4: Confirm the cancellation

A confirmation dialog box will appear.
Click on the "Cancel" button to confirm the cancellation.

Step 5: The position will be canceled

Once you have confirmed the cancellation, the position will be canceled and the funds will be returned to your account balance.

Additional Notes:

You can only cancel open leverage positions. If you have a closed position, you will not be able to cancel it.
Once you have canceled a position, the funds will be returned to your account balance immediately.
You can also cancel all of your open leverage positions at once by clicking on the "Cancel All" button located at the top of the "Leverage" page.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

NEW

$0.0094

79.58%

Trade Now
SWEAT

$0.0115

28.15%

Trade Now
AIC

$0.4364

17.82%

Trade Now
ARPA

$0.0492

17.51%

Trade Now
RLC

$1.8580

13.09%

Trade Now
ALEO

$0.4358

10.84%

Trade Now

Latest Crypto News

Lightchain AI, Arbitrum, and NEAR Protocol: The Standout Projects Poised to Lead the 2025 Crypto Rally
2025-02-02 10:35:56
Uniswap V4 Is Here: What New Features Are in Store for Developers?
2025-02-02 10:30:56
FAISALABAD: FCCI Golden Jubilee Celebrations Kicked Off with Soft Launch of Golden Jubilee Logo
2025-02-02 10:30:56
Shiba Inu Price vs DTX Exchange: The Battle Between the Meme King and the Rising Utility Powerhouse
2025-02-02 10:30:56
Official Trump [TRUMP] May Be on the Verge of a Rebound
2025-02-02 10:30:56
The Best Crypto Presale to Buy for 2025: Qubetics, Near Protocol, and Bitcoin Cash
2025-02-02 10:30:56

Related knowledge

What are the impacts of different contract leverage multiples?

Dec 16,2024 at 12:46pm

Impacts of Different Contract Leverage MultiplesLeverage, a tool leveraged in the financial realm, amplifies trading activities and enhances potential returns while simultaneously magnifying risks. Understanding the implications of varying leverage multiples is paramount for savvy traders. This article delves into the impacts of different contract lever...

Which is more suitable for novices, contract trading or margin trading on Huobi.com?

Dec 16,2024 at 12:44pm

Which is More Suitable for Novices: Contract Trading or Margin Trading on Huobi.com?As a novice trader venturing into the world of cryptocurrency trading, the choice between contract trading and margin trading on Huobi.com can be a daunting one. Both instruments offer unique advantages and drawbacks, making it crucial to understand their key differences...

What does the leverage ratio of contract trading mean?

Dec 16,2024 at 12:43pm

What does the leverage ratio of contract trading mean?IntroductionLeverage ratio is a key concept in contract trading, allowing traders to gain exposure to a larger position than their initial capital would allow. This can potentially amplify both profits and losses, making it crucial for traders to understand its implications.Understanding Leverage Rat...

What scams exist in leveraged trading of virtual currency contracts?

Dec 16,2024 at 12:42pm

What Scams Exist in Leveraged Trading of Virtual Currency Contracts?Leveraged trading of virtual currency contracts, also known as margin trading, can be a lucrative way to increase your profits. However, it is important to be aware of the various scams that exist in this market so that you can protect yourself from losing your money.Pump-and-dump scams...

What is 20x leverage on Bitcoin contracts?

Dec 16,2024 at 12:40pm

What is 20x Leverage on Bitcoin Contracts?IntroductionLeverage is a powerful tool in the world of trading that can magnify both profits and losses. However, it's essential to understand the risks involved before using leverage, especially when trading volatile assets like Bitcoin. In this comprehensive guide, we will delve into the concept of 20x levera...

What is the difference between Huobi’s margin trading and contract trading?

Dec 16,2024 at 12:39pm

Understanding the Distinctions between Huobi Margin Trading and Contract TradingIntroductionHuobi, a leading cryptocurrency exchange, offers diverse trading options to cater to traders' varying risk tolerance and investment goals. Among these options are Margin Trading and Contract Trading, each with distinct features and trading mechanisms. This compre...