In an interview with The Block, Emilie Choi, vice president of corporate and business development at the U.S.-based cryptocurrency exchange, has said that the platform is considering the possibility of launching margin trading.
She has said that the addition of this new functionality to the platform would represent an important breakthrough in Coinbase's development.
She also highlighted that the crypto exchange will not offer 100x leverage because the platform does not want to "become a casino for its customers."
She added that they will be very careful with leverage since they will be working with people's money. According to her, a 5x leverage is far more "reasonable."
In relation to the addition of new features to the exchange, she said that they are considering different options, however, due to the regulatory uncertainty, they want to be extra careful, so they are seeking the regulators' advice on what is appropriate and what is not.
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