Coinbase is now listing new altcoins AIXBT, PNUT, and VET for futures trading, aiming to strengthen its position in the market.
Focus on Coinbase Futures Platform
Coinbase has been making significant strides in developing its futures platform, as it seeks to carve a share of the market that is primarily dominated by other large cryptocurrency exchanges.
Details About the New Altcoins
Among the listed altcoins, AIXBT stands out as a Base-based artificial intelligence token. PNUT, on the other hand, is one of the recently listed memecoins on the platform's spot market, enjoying considerable popularity.
History and Status of VET
VET is a well-established cryptocurrency, ranked 29th among the largest cryptocurrencies worldwide. However, the token is currently trading 81% below its all-time high level from 4 years ago, although it is available on Coinbase's spot market.
The addition of new altcoins highlights Coinbase's effort to increase its standing in the futures market and offer variety to its users.
