- Announcement of New Listings
- Listing Details
- Market Reaction
Today, Coinbase, the largest cryptocurrency exchange in the US by trading volume, announced the addition of three new altcoins for futures trading.
Announcement of New Listings
Coinbase Global’s official account announced the addition of PERP pairs for three altcoins: ATOM, DYDX, and OM Coin. This will attract additional liquidity to these cryptocurrencies.
Listing Details
The exchange announced that the listing would occur on August 22 at 09:30. About six hours ago, DEGEN, EOS, and 1000SATS pairs were also activated. Recently, Coinbase has been actively expanding its customer base by including new assets in its portfolio.
Market Reaction
Following this news, there is a slight recovery in BTC prices. It is quite possible that prices may exceed $60,000 before the options expiration tomorrow.
The addition of new altcoins for futures trading on Coinbase could increase liquidity and attract new investors, which in turn will affect the overall state of the crypto market.