Coinbase has announced the launch of futures trading for Solana (SOL) and XRP for US users. The available contracts provide new opportunities for investors.
Overview of Coinbase Futures
Last week, Coinbase announced the launch of futures contracts that do not have monthly expirations. Unlike traditional futures, these contracts last up to five years.
Trading Conditions for Futures
US investors will be able to trade futures with up to 5x leverage. This opens new opportunities for users looking to participate in trading.
Security and Regulation of Futures Contracts
It is important to note that the new products are fully regulated, which is a significant step for US investors. Previously, US-based users often had to turn to unregulated offshore platforms for futures trading.
Thus, the launch of futures contracts for Solana and XRP is an important event in the crypto market, providing US users with a safe and convenient way to trade.
