Author

Topic: Margin trading on Coinbase (Read 116 times)

legendary
Activity: 2254
Merit: 1236
Heisenberg
April 13, 2020, 06:24:34 PM
#3
After reading their rules, things are not as straight forward and direct as it is with other margin trading platforms I am familiar with like Bitmex. Everything seems a little complex with trading platforms that use stable coins such as binance and coinbase.

Why not use Bitmex or Bybit OP? Things are straight forward there.
legendary
Activity: 2758
Merit: 6830
April 13, 2020, 06:11:07 PM
#2
I don't use Coinbase so I'm not sure, but maybe that's issue?

Quote
Today, margin trading on Coinbase Pro provides up to 3x leverage, up to the line of credit granted to you. For example: for every $1 you put in, Coinbase gives $2 for a total of $3. If your line of credit is capped at $100, you may only borrow $100 even if 3x leverage is greater than $100.
https://help.coinbase.com/en/pro/trading-and-funding/trading-rules-and-fees/margin-trading-faq.html
newbie
Activity: 32
Merit: 0
April 13, 2020, 05:45:57 PM
#1
I thought 3x was available on Coinbase? It seems I can only do 2x? Does anyone else have this issue?
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