- Coinbase will launch Bitcoin and Ethereum Futures 24/7 products on its Coinbase Derivatives Regulated by CFTC.
- The exchange also provides for a perpetual style contract.
Coinbase seeks to exploit the growing demand for crypto trading with a long -term supply Bitcoin (BTC) And Ethereum (ETH).
The exchange, the largest American regulated supplier, will offer BTC and ETH long trading with American customers via its exchange of platform derivatives regulated by CFTC Coinbase.
Coinbase indicated in a announcement On March 10, that this 24/7 term trade for the two best digital assets by market capitalization will deploy in the coming weeks.
“Today, the American term markets operate in fixed negotiation hours – of synchronization with the 24/7 nature of the crypto. This forces merchants to sit on the sidelines during key market movements, limiting their ability to react in real time. With the launch of the 24/7 access to Bitcoin and Ethereum Futures, we eliminate this gap, “wrote Greg TUSAR, vice-president of the institutional product in Coinbase.
High term trading request
https://twitter.com/coinbase/status/18991637569635003888888888888888888888888888888888888888888888888888888888888888888
Exchange plans also aim to reveal perpetual style -style contracts to American customers, which is not possible with offshore exchanges currently not subject to American regulations.
“Although real 24/7 trading is an essential step forward, we know that traders want more. This is why we are also working to put on the market a first perpetual style contract with long -standing expirations – a product designed to reflect the global market for cryptography derivatives while meeting American regulatory standards, “added the Exec coinbase.
Coinbase will seek to eat in a market dominated by the exchanges of global crypto such as Binance and OKX. Meanwhile, he promises to provide user opportunities in a market that should benefit from increasing pro-Crypto regulations, especially in the United States.
“Our objective is simple: give traders the tools they need to manage the risks and seize opportunities in crypto – on their terms,” noted Coinbase.
