Came across this on CryptoSlate: Coinbase plans to launch spot margin lending in the coming weeks, with up to around 10x leverage on select major coins and up to around 5x on other supported assets. Collateral can stay on the platform, and loan balances and margin health will be visible in real time.
Ordinary US retail investors are basically shut out: the US offering is aimed mainly at Eligible Contract Participants (qualified contract participants subject to a very high asset threshold). The product is provided by an affiliated entity and is separate from the US equities derivatives business. Collateral may be liquidated without further notice, and the announcement doesn’t specify borrowing rates, haircuts, or liquidation thresholds.
The Deribit migration was completed on October 2, and spot leverage is another piece of the puzzle. It can magnify both gains and losses, so don’t rush in if the terms aren’t clear.
$COIN #Coinbase #杠杆 #spot
Ordinary US retail investors are basically shut out: the US offering is aimed mainly at Eligible Contract Participants (qualified contract participants subject to a very high asset threshold). The product is provided by an affiliated entity and is separate from the US equities derivatives business. Collateral may be liquidated without further notice, and the announcement doesn’t specify borrowing rates, haircuts, or liquidation thresholds.
The Deribit migration was completed on October 2, and spot leverage is another piece of the puzzle. It can magnify both gains and losses, so don’t rush in if the terms aren’t clear.
$COIN #Coinbase #杠杆 #spot