INSUBCONTINENT EXCLUSIVE:
Cryptocurrency exchange Coinbase is launching margin trading today
Margin trading lets you trade on leverage
Both retail and institutional investors will be able to submit margin trading orders with up to 3x leverage
Institutional investors in 45 states and nine international countries can access margin trading, though.There are many potential use cases
For instance, you can allocate a tiny portion of your portfolio to a margin trading order to hedge across multiple positions
in one of the 23 states where margin trading is available, you might not be able to use it
The company wants to restrict margin trading to the most advanced traders.Coinbase is going to track your past activity on Coinbase Pro and
look at trades, balances, deposits and withdrawals
retail investors: Florida, Texas, Illinois, New Jersey, Virginia, Georgia, Arkansas, Alaska, Oregon, Connecticut, New Hampshire,
Massachusetts, Nebraska, North Carolina, Oklahoma, Colorado, Kansas, Maine, South Carolina, Utah, Wisconsin, Wyoming and West
Virginia.Disclosure: I own small amounts of various cryptocurrencies.
