I'm wondering if the crypto trading platforms in Canada provide margin trading options. I'm interested in using leverage to trade cryptocurrencies and would like to know if this is possible on Canadian exchanges.
6 answers
Sun Jan 12 2025
Currently, no registered crypto asset trading platforms in the country are providing margin trading services.
Sun Jan 12 2025
This revelation highlights the regulatory stance towards such practices in Canada.
Sun Jan 12 2025
The Canadian Securities Administrators have taken a proactive approach in this matter.
Sun Jan 12 2025
They have issued an update specifically targeting crypto trading platforms operating within the country's borders.
Sun Jan 12 2025
Kelemen pointed out an important observation regarding crypto asset trading platforms in Canada.