Coinbase Pro Now Offers Margin Trading

Coinbase Pro Now Offers Margin Trading

Ready to join our tribe?

We respect your email privacy

Subscribe now to recieve exclusive updates and offers!

Coinbase has rolled out the latest feature available to the users of their Pro service – margin trading.

Margin trading was somewhat of a buzzword last year in the cryptocurrency industry. Various notable platforms began rolling out the feature, while many others had long offered the ability to trade with leverage on their platforms. As such, it could be argued that Coinbase Pro are somewhat late to the party in regards to this. Nonetheless, it will be a feature well welcomed by the users in the 23 states that it will be offered within who have apparently been eagerly waiting for the option.

This can be understood thanks to Coinbase themselves who remarked that margin trading was “one of the most requested features” on Pro. Before explaining that “today we’re delivering an experience that we’re confident our customers will find intuitive, yet highly sophisticated and functional.” Thanks to the launch, traders can now enjoy 3x leverage on USD-quoted books with the only pre-requisite being that they must have a Coinbase Pro account and be reasonably active on the platform.

Alongside the 23 states, there is also institutional margin trading offered in a total of 42 states and 9 international countries.  However, the initially released version of the margin trading service will be just the first format of the service, as they have already stated their intention to extend the service to more regions and make more assets available for trading.

The current states that are already live are FL, TX, IL, NJ, VA, GA, AR, AK, OR, CT, NH, MA, NE, NC, OK, CO, KS, ME, SC, UT, WI, WY and WV. If you are a Coinbase Pro trader and you are based in these states then you can begin margin trading immediately at their platform.

Recently Similar News

Latest Guides

Latest News

Binance,Bitcoin,Cryptocurrency,Exchange Platforms

You Can Now Spend BNB and BUSD With All Shopify Merchants

Shopify, the all-in-one online commerce website, now allows all of its merchants to accept Binance’s tokens BNB and BUSD via Alchemy Pay. Alchemy Pay, a worldwide cryptocurrency payment solution provider has worked with Binance and Shopify to integrate BNB and BUSD for payments to all Shopify merchants. Shopify is the worlds largest e-commerce platform with […]

23 October, 2020
Cryptocurrency,Gaming,Kraken,Trading

Users Can Now Claim and Stake FLOW Token on Kraken

Kraken, the online cryptocurrency exchange, has implemented the ability for their users to claim and stake their FLOW tokens on the Kraken platform. Kraken, one of the largest online cryptocurrency trading platforms, has implemented the option for users to claim their FLOW tokens, as well as stake them on the Kraken platform. To claim your FLOW, […]

23 October, 2020
Bitcoin,Casino,Cryptocurrency,Gambling

Bao Casino Offers a Variety of Halloween Specials

Bao Casino, the online cryptocurrency based casino, has created a variety of giveaways and programs to celebrate Holloween. Bao Casino, the online cryptocurrency gambling site and casino, is hosting a variety of Halloween themed giveaways and events to celebrate the fast approaching holiday. One of the giveaways is the Trick or Treat from Spinomenal event, […]

23 October, 2020
Bitcoin,Cryptocurrency,Ethereum,Litecoin

Bitcoin Price Continues to Rise as PayPal Integrates Cryptocurrencies

PayPal, one of the largest payment processing companies in the world, has recently decided to integrate Bitcoin. PayPal, the online payment processing company co-founded by Elon Musk, has decided to allow their users to buy and sell cryptocurrencies. PayPal will be launching their own cryptocurrency application and service. After many years of seemingly rejecting the […]

23 October, 2020
Cryptocurrency

Cryptimi Announces Launch of German Language Platform

Here at Cryptimi, we are launching our newest news site in another language, in German. At Cryptimi, we work towards providing our users with the most up to date news and the highest qualify guides and exchanges. Due to the continued growth of our platform, we are happy to announce our newest Cryptimi offering, the […]

21 October, 2020
Changelly,Cryptocurrency,Trading

Changelly Helps Users Discover Where They Can Store Polkadot (DOT) Tokens

The Changelly blog has written an article helping their users determine the best places for them to store their DOT tokens. Changelly, the online cryptocurrency exchange, has created a new blog post to help users figure out where the best place to store their Polkadot (DOT) tokens. Polkadot (DOT) was created  by one of Ethereum’s […]

19 October, 2020
BitPanda,Cryptocurrency,Trading

BitPanda Announced the Launch of Their Own Cryptocurrency Index

BitPanda, the online cryptocurrency exchange, is launching what they call the first “real” cryptocurrency index. BitPanda, the large online cryptocurrency exchange platform, is launching what they say is the first “real” crypto index, which will be available on the BitPanda platform. BitPanda’s cryptocurrency index is very easy for its users to use and is completely […]

19 October, 2020
Binance,Bitcoin,Blockchain,Cryptocurrency

Binance Announced Two New Launchpad Project Partnerships This Week

Binance, the largest online cryptocurrency trading platform, is adding two new projects to the Binance Launchpad for user funding. Binance, the world’s biggest cryptocurrency exchange, is launching their first joint token offering from Binance Launchpad and Binance Launchpool, and is also releasing an additional Launchpool token. In their weekly report, Binance highlights other key factors […]

19 October, 2020