Summary
- Coinbase International announced that it will support up to 20x leverage on perpetual futures contracts starting early 2024.
- With the leverage ratio doubling, investors now have greater opportunities to utilize leverage.
- This change is expected to increase the attractiveness of derivatives investment for investors.
The derivatives exchange Coinbase International Exchange announced on the 20th (local time) via X (formerly Twitter) that "we have applied up to 10x leverage on perpetual futures contracts since early 2024," and "now we are doubling the leverage ratio to support up to 20x leverage."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
