The announcement comes hours after CEO Changpeng Zhao tweeted that Binance was reducing the maximum leverage users can use to trade futures contracts.
Kraken said the changes come due to regulatory guidance about leveraged digital asset transactions.
Coinbase plans to suspend all margin trading contracts effective tomorrow, and will end the service entirely by next month.
Hong Kong-based cryptocurrency platform Crypto.com has revamped its digital exchange, claiming a tenfold increase in performance and throughput.
Volatility amid the COVID-19 pandemic has proven attractive to traders.
Coinbase is rolling out margin trading retail and institutional investors in the U.S. and nine other countries, offering a light 3x leverage to traders.
Japan's top financial regulator reportedly plans to reduce the risk to crypto margin traders by cutting the maximum allowed leverage.
The software provider is adding support for margin trading, with a raft of trading options and controls for crypto brokerages and exchanges.
Poloniex allowed margin trading on the coin until a flash crash wiped out 1,800 bitcoins worth $13.5 million at the time
Binance has launched version 2.0 of its platform – a move that officially adds margin trading for its customers.
Binance has told TechCrunch it's launching margin trading "soon," after the crypto exchange accidentally revealed the service in a tweeted image.
Japan is lowering the limits for cryptocurrency margin trading from next year, and will also mandate registration of platforms offering the service.
Japan's Financial Services Agency is planning to put a cap on the leverage available to crypto margin traders to curb speculation and risk.
A South Korean police department says execs at crypto exchange Coinone will be charged over claims its margin trading service is illegal gambling.