Kraken Adds Shiba Inu Dogwihat Bonk to Its Futures Contracts

Kraken, a major U.S.-based cryptocurrency exchange, has added Shiba Inu (SHIB) as a new collateral for its futures contracts.
Shiba Inu, the second largest meme coin, can now be used to gain exposure to over 200 perpetual futures.
In addition to Shibainu, Dogwihat (WIF) and Bonk (BONK) were also added as collateral. To use these three tokens as collateral, traders must have a physical wallet
You need to move your tokens from your Ethereum wallet to your futures wallet. Kraken allows traders to deposit multiple collateral currencies in one wallet. The list of collateral currencies includes the US Dollar,
These include fiat currencies such as the Euro, various stablecoins, Bitcoin, and several altcoins.
Kraken previously added Karudano (ADA) as collateral in August 2022.
Kraken allows both single-collateral and multi-collateral futures contract trading. Before you can start trading futures on the exchange, you need to deposit collateral currency into your futures wallet, after which you can trade with a specific futures contract.
A contract can be selected and an order can be submitted.