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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.

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