Coinbase disables margin trading following guidance from Commodity Futures Trading Commission

See the original posting on TechCrunch

Just a few months after launching margin trading on Coinbase Pro, the company is disabling the feature. Margin trading lets you trade on leverage. But it works both ways — margin trading lets you multiply your gains and your losses. Starting on November 25, 2pm PT, users won’t be able to place new margin trades. […]