Coinbase has announced new opportunities for futures trading in the US, allowing traders to have 24/7 access, including perpetual contracts for Bitcoin and Ethereum.
Coinbase Announces A New Era of US Futures Trading
In its official blog post, Coinbase highlighted the importance of derivatives in global crypto markets, which account for 75% of total trading volume. Unlike international markets operating 24/7, US traders have been facing fixed trading hours. Coinbase aims to make the market more accessible and competitive.
Unlocking 24/7 BTC and ETH Futures Access
Coinbase Derivatives, a CFTC-regulated futures exchange, will launch the first 24/7 Bitcoin and Ethereum futures, allowing US traders nonstop market access to manage risks and seize opportunities. This will also let traders access various contract sizes and leverage institutional-level infrastructure ensured by its partnership with Nodal Clear.
Perpetual-Style Futures Benefits for US Traders
Coinbase is also working on introducing Perpetual-Style Futures Contracts with long-dated expirations. These products will allow traders to maintain positions without concerns about contract expiration, enabling new possibilities for long-term strategies and risk management. This move is also expected to remove limitations on US traders and boost market competition.
Coinbase has been actively collaborating with the CFTC and partners to ensure that the new products meet US regulations and customer needs. The introduction of 24/7 futures trading is expected to greatly expand trading possibilities for US traders.
