Coinbase rolls out 10x spot leverage, but blocks US retail from it
Summary
Coinbase plans to launch spot borrowing in the coming weeks, allowing eligible traders to borrow against collateral to buy crypto, with leverage up to 10x on selected major assets and 5x on others. Access will be limited by eligibility and jurisdiction; most US retail customers are excluded because they do not meet the Eligible Contract Participant standard. More than 15 assets can be posted as collateral, which stays on Coinbase but may be liquidated without notice. Coinbase warns that leverage can amplify losses beyond the initial deposit. The company has not yet disclosed borrowing rates, collateral haircuts or liquidation thresholds.
