The VP of Business, Data & International of Coinbase, Emilie Choi, was recently interviewed by The Block, and said that margin trading may be one of the next features that the platform introduces.
Saying that margin is going to be a next big step, Choi showed some reservation because of the lack of regulation,
Margin lend borrow is definitely going to be a next big step for us, especially on the active trader side…We still need to figure that out because there’s not a lot of regulatory clarity there right now in the US. And so that that is being discussed.
Margin trading is highly popular among crypto investors because of the potential profit it could offer. It comes with risk, but many investors have learnt how to trade reasonably and make consistent profits. Margin trading operates by lending users money with which they can make their trades.
Reports are also emerging that popular exchange Binance may also make a move into the margin trading game, which would further enhance the list of features that the exchange supports. One astute Reddit user spotted a margin trading related flag in Binance’s public API. Binance’s margin trading would BitMEX is one of the most popular options for margin trading.
