Coinbase Targets Institutional Traders With Margin Feature Launch
Coinbase's GDAX digital asset exchange has added a new margin trading feature.
Bitfinex has launched margin trading for Tether Gold with select pairs of up to five times leverage.
Binance’s futures exchange is raising leverage to 125x with the launch of BTC/USDT contracts today.
Coinbase is rolling out margin trading retail and institutional investors in the U.S. and nine other countries, offering a light 3x leverage to traders.
Leveraged and margin trading can help boost demand for an asset, increasing liquidity within a given market.
An influx of get-rich-quick types could encourage the sort of behavior that bitcoin was designed to escape.