Coinbase has launched 24/7 futures trading for Bitcoin and Ethereum in the US. This move aims to close market gaps and enhance access for traders.
New 24/7 Trading Service
Coinbase has implemented a round-the-clock trading platform for Bitcoin and Ethereum futures under the oversight of the CFTC, led by Greg Tusar.
Impact on Market and Traders
This service fills a 75% gap in the derivative trading volume within the cryptocurrency sector, providing new opportunities for traders and ensuring greater market accessibility.
Regulatory Oversight and Future Prospects
The launch of this service highlights Coinbase's commitment to meeting international standards and trader demands, showcasing the growth and development of the cryptocurrency market under regulatory oversight.
The launch of 24/7 trading for Bitcoin and Ethereum futures by Coinbase could positively influence trading culture in the US by offering flexibility and accessibility for traders.