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Coinbase Adds Support for BounceBit, Conflux, and Neo

Aug 29, 2024
  1. BounceBit, Conflux, and Neo Trading Launch
  2. Full-Trading Mode for RENDER, SAGA, and T
  3. BounceBit, Conflux, and Neo Price Surge

Coinbase announced the launch of perpetual futures for BounceBit (BB), Conflux (CFX), and Neo (NEO). Trading will commence on or after 9:30 a.m. UTC on September 5, 2024.

BounceBit, Conflux, and Neo Trading Launch

Coinbase is expanding its perpetual futures offerings by adding support for BounceBit (BB), Conflux (CFX), and Neo (NEO). Trading for the BB-PERP, CFX-PERP, and NEO-PERP markets will commence on or after 9:30 a.m. UTC on September 5, 2024. These additions reflect the exchange’s ongoing efforts to diversify its product offerings and provide more trading opportunities for its global users.

Full-Trading Mode for RENDER, SAGA, and T

Coinbase also announced the perpetual futures markets for RENDER, SAGA, and T had transitioned to full-trading mode. Consequently, limit, market, stop, and stop limit orders are now operational, allowing traders to execute a broader range of strategies. This development marks the completion of the phased launch for these markets, which initially entered into post-only mode. This precautionary measure ensured a smooth transition, allowing market participants to prepare for active trading.

BounceBit, Conflux, and Neo Price Surge

Following Coinbase’s announcements about BounceBit, Conflux, and Neo, the prices of these crypto assets surged. For instance, the BB price surged by over 10%, reaching $0.2904. Conflux (CFX) also recorded significant gains, soaring to an intra-day high of $0.1408. Neo (NEO) was not left behind, rallying over 5%, reaching $9.99.

Coinbase’s support for BounceBit, Conflux, and Neo has attracted trader interest, potentially driving further price growth for these crypto assets.

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