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Coinbase disables margin trading following guidance from Commodity Futures Trading Commission

Author
TechCrunch
Published
Wed 25 Nov 2020
Episode Link
https://omny.fm/shows/techcrunch-startup-news/coinbase-disables-margin-trading-following-guidanc

Just a few months after launching margin trading on Coinbase Pro, the company is disabling the feature. Margin trading lets you trade on leverage. But it works both ways — margin trading lets you multiply your gains and your losses. Starting on November 25, 2pm PT, users won’t be able to place new margin trades. […]
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