Kraken launches Kraken Borrow with 3x buying power for US users

Kraken has introduced Kraken Borrow for US customers, letting users spend beyond their cash balance. There's no repayment deadline and no minimum payment — customers can repay whenever they're ready, with all costs shown before purchase.

• US users can now buy up to 3x the value of their eligible assets, with cash used first and Kraken Borrow covering the rest as a single-price, single-confirmation flow
• Designed to give qualifying customers borrowing-backed buying power on top of their own balance

Kraken frames the feature as flexible credit rather than a fixed repayment schedule, and it's currently available to US users on eligible assets.