The post Coinbase Boosts Leverage to 20x for Perpetual Futures Trading appeared on BitcoinEthereumNews.com.

Coinbase has announced a significant upgrade for its forum for the trading of perpetual futures. As per Coinbase, the respective move permits eligible retail and institutional traders to get a leverage of nearly 20x, offering greater opportunities to the traders to maximize positions as well as boost profits. The platform took to its official social media account to provide the details of the latest endeavor. We’re thrilled to announce that we are increasing leverage to 20x for perpetual futures trading, available to institutions via Coinbase International Exchange and to retail traders via Coinbase Advanced. Take your trading further with 20x. pic.twitter.com/IhSCQNpVRr — Coinbase International Exchange 🛡️ (@CoinbaseIntExch) October 17, 2024 Coinbase Unveils a 20x Leverage Via Its Forum for the Trading of Perpetual Futures Coinbase noted that, by offering a 20x leverage for the traders, the latest forum for perpetual futures attracts significant attention. Data reveals that it formerly offered just 10x leverage. It reportedly implements resilient management strategies aimed at securing consumers on the platform. The institutional investors can reach the amplified leverage via the Coinbase International Exchange. On the other hand, the retail traders need to go to Coinbase Advanced for that purpose. Apart from 20x leverage, the company has collected the maximum leverage estimated value capitalization across the positions ranging between $1M and $1.5M. This guarantees that the traders move toward the bigger positions while simultaneously maintaining strict risk controls for a better experience. Perpetual futures contracts work as derivatives that permit speculation on the assets’ future price without any expiry date. In line with the latest leverage options, traders are permitted to apply leverage throughout a series of contracts. The platform has reportedly clarified the maximum quantities in the case of each contract in the case of 20x and 10x leverage. This permits traders to opt…

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Filed under: News - @ October 18, 2024 5:27 pm