Actually margin trading is prohibited in some states of US, so you need to look at the terms of the platforms about the legality of such trading in your location.
Coinbase does have their own margin trading service which allows people from 23 stated to trade with slight leverage and Kraken also offers Margin trading for US customers.
Not just some, I think all of them. I am yet to see a derivatives exchange offering services for the US citizens.
If you're using Binance exchange make sure it is on Binance.us but I think this platform has a margin trading.
Binance.us don't offer margin trading
I heard Kraken and Coinbase pro are good exchanges in the US but it has a light restriction that must be found of the Term of use. This is very important because the margin or trading of CFDs is generally prohibited.
Kraken
- Min investment- $20
- Initial margin- 20%
Coinbase Pro
- Min investment- 0.001 Bitcoin
- Initial margin- 33.33%
My source is
here, read furthermore for more details.
I think that information is either outdated or just wrong. Both platforms nolonger offer trading derivatives to US citizens
1.
https://support.kraken.com/hc/en-us/articles/360023786632-Kraken-Futures-eligibility-and-availabilityKraken Futures are NOT available to clients residing in the United States as well as the following areas:
2.
Coinbase Pro disables margin trading