The GDAX news is good news for those customers but I do worry it is going to set a bad precedent of complacency and/or expectation that they would absorb the losses again in the future. Trading on margin is not something to be taken lightly, and the consequences can be serious and that's with traditional investing much less introducing cryptocurrencies into the mix! I'm surprised that GDAX is even covering the losses though I guess they look at it as marketing and building customer loyalty expenses. I do wonder what it means for their customer base as a whole though; higher fees?
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