Coinbase Derivatives has announced the launch of two new U.S. perpetual-style futures set for July 21. These contracts promise to offer safe alternatives for American traders.
Innovations in Futures Trading
According to Coinbase's latest announcement, the new perpetual contracts are designed to provide U.S. traders with safe and regulated options. They will feature no quarterly expiration dates, spot price tracking, and embedded leverage.
Overview of New Futures Contracts
The first contract is the Nano Bitcoin Perpetual Futures representing 0.01 BTC, and the second is the Nano Ether Perpetual Futures representing 0.10 ETH. Both contracts will be available for trading 24/7 and include a funding rate to keep prices close to actual market rates.
Benefits for U.S. Traders
Perpetual futures are popular worldwide, and Coinbase aims to provide similar products for U.S. traders with the safety ensured by U.S. regulations. This can facilitate risk management and long-term investments.
The launch of Coinbase's new perpetual-style futures on July 21 may transform the U.S. crypto trading market, offering traders safe and regulated trading conditions.
