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Coinbase Restricts Trading Leverage to Enhance Stability

source-logo  coingape.com 28 December 2023 22:20, UTC

Coinbase International Exchange, a global extension of the renowned U.S.-based Coinbase crypto exchange, has announced a significant change in its trading leverage policy. Effective Dec. 28, the overseas arm will impose a 10x leverage cap for its perpetual futures products. This move aligns with the exchange’s commitment to risk management and regulatory compliance, reflecting a cautious approach in the volatile cryptocurrency market.

coingape.com