In addition, users are capped at a notional value of $90,000 for all 10x contracts.
Coinbase International Exchange, the overseas arm of the United States-based Coinbase crypto exchange, will cap trading leverage at 10x for its perpetual futures products.
According to the Dec. 28 announcement, the limit applies to the exchange’s popular perpetual futures contracts such as Bitcoin (BTC), Cardano (ADA), Ether (ETH), Litecoin (LTC), Solana’s SOL (SOL), XRP (XRP) and others. Furthermore, traders using 10x leverage will be limited to maintaining a notional value of $90,000 across all perpetual contracts.
Related: Coinbase could serve as TradFi’s ‘index play on crypto’ — Analyst
