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Main => General Discussion => Topic started by: Akado on December 17, 2015, 12:11:19 am

Title: Coinbase - Lending for Marging Trading?
Post by: Akado on December 17, 2015, 12:11:19 am
https://www.reddit.com/r/Bitcoin/comments/3x3wky/coinbase_is_looking_at_offering_peer_to_peer_btc/

Isn't that like a Bond Market?

Being centralized they might have things more facilitated than us, however I'm sure if they can ensure some kind of insurance policy via identity verification or something, that it might turn quite profitable for them as I'm sure there are quite a lot of people with Bitcoin sitting around doing nothing.

I'd say we could learn from this but given they are centralized and will most likely use Identity as a mean of insurance, it's likely what we could learn from them isn't going to be that useful as both system would work in a different way and they have the "advantage" of being centralized.
Title: Re: Coinbase - Lending for Marging Trading?
Post by: morpheus on December 17, 2015, 02:43:12 pm
Sounds like leveraged trading through a lending market similar to poloniex.

They are also implementing a rebate program.

Quote
Dear trader,

We are excited to announce that volume-based rebates on Coinbase Exchange will go into effect at:

12:00AM UTC, Friday December 18th.

Taker fees are calculated based on your cumulative trading volume (maker volume + taker volume). As a high-volume trader you can benefit from reduced fees, based on your percentage of the total Coinbase Exchange volume in BTC, over the past 30 days.

For more information about our volume-based rebate program, please see our fees page. Once the new fee structure is in effect, you will be able to view your 30 day volume here.

If you have any questions, please reply to this email and our team will be happy to help.

Regards

Coinbase Exchange Team
Title: Re: Coinbase - Lending for Marging Trading?
Post by: Akado on December 18, 2015, 01:14:04 pm
Wasn't this similar to something proposed? Taker and Maker fees to be lower if they provide enough volume? I like the idea of dynamic fees.
Title: Re: Coinbase - Lending for Marging Trading?
Post by: topcandle on December 18, 2015, 01:36:26 pm
only way our bond market is more useful than coinbases is to have prediction markets. period.