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QUESTION

Is it possible to engage in leveraging on Coinbase?

ANSWER

20

Yes, it is possible to engage in leverage trading on Coinbase through a feature known as margin trading, where traders can borrow money to increase their buying power. However, this service offers higher exposure to the market by allowing traders to trade larger amounts than they have in their accounts, but also comes with greater risks, including the potential for significant losses if the market moves unfavorably. The availability of margin trading on Coinbase may vary depending on location and regulatory restrictions, and it is typically aimed at more experienced traders due to the complexities and risks involved. It's important for anyone considering margin trading to fully understand these risks, as well as any fees or interest rates that may apply.


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04.21.2024
CAN I LEVERAGE ON COINBASE
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