Coinbase Hinting First-Ever US Bitcoin Margin Trading


Emilie Choi, Coinbase Vice president of Business, Data and International have recently hinted that the company is considering entering the Bitcoin Margin Trading which has been dominated by Bitmex for several years.

However it was noted by Choi that for Coinbase to enter such a market there should be sufficient regulatory clarity from the U.S. authorities before they enable such a feature.

As it stands Bitmex is not serving bitcoin traders from the U.S. and another new entrant, Binance, is not clear whether they will allow U.S. residence when they release their margin trading platform in the near future.

For Coinbase the U.S. remains a viable market that is virtually untouched by other exchanges providing margin trading services.

According to Choi what differentiates them from other players in the space is their focus on the fiat to crypto bridge and being a safe trusted center of the crypto economy.

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