Cryptocurrency exchange Coinbase has announced the launch of new nano futures for SOL and XRP, targeting retail investors in the US.
What are Nano Futures?
Nano futures are contracts that allow users to speculate on future price movements of assets without an expiration date. The small size of these contracts reduces risk and makes them more manageable for smaller portfolios.
Benefits for Retail Investors
These products provide traders with the ability to gain exposure to market movements without committing large sums of money, aligning with a broader trend toward micro and nano futures in traditional markets.
Trends in the Futures Market
The launch of nano futures also indicates the increasing accessibility of derivative financial instruments for new investors, creating additional opportunities for their engagement in the market.
The introduction of nano futures by Coinbase opens new horizons for retail investors, offering safer and more accessible trading options in the crypto market.