Coinbase plans to launch spot leverage lending services offering up to 10x leverage in the coming weeks. This service will be restricted for U.S. retail customers and will only be available to U.S. clients who qualify as "Eligible Contract Participants." Eligible traders can borrow against collateralized assets to purchase cryptocurrencies in the spot market, but the collateral faces liquidation risk. Coinbase warns that leveraged trading can amplify losses, collateral may be liquidated without notice, and losses could exceed initial deposits.