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Coinbase to List New DeFi Tokens

Coinbase says it is reviewing 18 new digital assets for possible support. According to a Wednesday announcement, Coinbase is looking at 18 additional assets, which include the following: Aave, Aragon, Arweave, Bancor, COMP, DigiByte, Horizen, Livepeer, NuCypher, Numeraire, KEEP Network, Origin Protocol, Ren, Render Network, Siacoin, SKALE Network, Synthetix and VeChain. Notably, these assets may not become available in all jurisdictions and final listing decisions will depend on local regulations, Coinbase noted.

Source: The Block:
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Margin Trading is now Available on Coinbase Pro

Coinbase announced that it’s “margin trading” feature provides leverage up to three times or “3x” for individual investors in 23 U.S. states. The leverage is also available to institutional traders in 44 states and nine countries.

Trading crypto on margin (or leverage) can amplify the impact of your trades by allowing you to borrow additional funds. If deployed as part of a responsible trading strategy, margin trading doesn’t just increase your position in a specific trade, but can also help diversify your portfolio, allowing you to hedge or arbitrage across multiple positions without depositing additional capital.

Source: CoinDesk:
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