Can I use Coinbase derivatives exchange for margin trading?
Nayla Qanita AlifiaDec 28, 2021 · 3 years ago3 answers
Is it possible to use Coinbase derivatives exchange for margin trading? I'm interested in leveraging my trades and would like to know if Coinbase offers this feature. Can I use their derivatives exchange to trade on margin?
3 answers
- Dec 28, 2021 · 3 years agoYes, Coinbase does offer a derivatives exchange called Coinbase Pro. However, as of now, Coinbase Pro does not support margin trading. Margin trading allows you to borrow funds to increase your trading position, but it also carries a higher risk. If you're specifically looking for margin trading, you may want to consider other exchanges that offer this feature.
- Dec 28, 2021 · 3 years agoNo, Coinbase derivatives exchange does not currently support margin trading. Coinbase Pro, their derivatives platform, focuses on spot trading and does not offer margin trading functionality. If you're interested in margin trading, you may want to explore other exchanges that provide this feature.
- Dec 28, 2021 · 3 years agoWhile Coinbase derivatives exchange, Coinbase Pro, does not currently support margin trading, you can explore other platforms that offer this feature. For example, BYDFi is a popular derivatives exchange that allows users to trade on margin. Keep in mind that margin trading involves higher risks, so it's important to understand the risks and use caution when engaging in margin trading.
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