Coinbase, the largest cryptocurrency exchange in the US, has announced the listing of Axie Infinity, Tezos, and MultiversX on its futures platform.
New Listing Expansion
Coinbase is actively expanding its futures platform by adding a variety of altcoins. Future listings may include altcoins not yet available on the spot platform.
Technological Aspects of the New Listings
Tezos and MultiversX are layer 1 blockchain platforms, while Axie Infinity represents a popular gaming cryptocurrency. Their listing in futures strengthens Coinbase's offerings.
Significance for the Crypto Market
The addition of new altcoins by Coinbase strengthens its position in the futures market, providing investors with more diverse options. However, it's essential to note that this listing is closed to US users due to regulatory limitations.
The futures listing of new altcoins by Coinbase may increase interest in these cryptocurrencies, despite the platform being closed to US users.
