HomeXRP NewsCoinbase to Add 24/7 Trading for Top Crypto

Coinbase to Add 24/7 Trading for Top Crypto

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What to Know:

  • Coinbase is set to launch 24/7 futures trading for several major altcoins, expanding its presence in regulated crypto derivatives.
  • The exchange is also planning to introduce U.S. perpetual-style futures for the same altcoins, offering an alternative to offshore perpetual swaps.
  • This move could potentially redirect order flow to a U.S.-based platform with clearer regulations and deeper institutional access.

Coinbase is expanding its crypto derivatives offerings with the introduction of 24/7 futures trading for a range of altcoins. This move signifies the growing demand for continuous access to crypto markets and the increasing maturity of the digital asset space. The exchange aims to provide a regulated and accessible environment for trading futures on various cryptocurrencies.

Coinbase’s decision to offer 24/7 futures trading reflects a broader trend toward increased accessibility in the crypto markets. This extended availability allows traders and investors to react to market movements at any time, aligning with the always-on nature of digital assets. The initial rollout includes futures for AVAX, BCH, ADA, LINK, DOGE, HBAR, LTC, DOT, SHIB, XLM, and SUI.

The introduction of U.S. perpetual-style futures for altcoins is another significant development. These contracts offer a structure similar to crypto-native perpetual swaps but with a five-year expiry, providing a unique risk management tool. This move could attract more sophisticated traders seeking alternatives to the indefinite format commonly used offshore.

As regulatory scrutiny intensifies, a U.S.-based exchange offering compliant futures contracts could draw liquidity away from offshore platforms. Coinbase’s established presence and clearer rulebook may appeal to institutional investors and those seeking a more regulated trading environment. This shift could reshape the landscape of crypto futures trading.

Coinbase’s expansion into 24/7 altcoin futures and U.S. perpetual-style contracts represents a strategic move to capture a larger share of the crypto derivatives market. By offering regulated and accessible trading options, the exchange is positioning itself to capitalize on the growing demand for crypto exposure. This development underscores the ongoing evolution and institutionalization of the digital asset ecosystem.

Related: XRP CTO Shares Email from Impersonator

Source: Original article

Quick Summary

Coinbase is set to launch 24/7 futures trading for several major altcoins, expanding its presence in regulated crypto derivatives. The exchange is also planning to introduce U.S. perpetual-style futures for the same altcoins, offering an alternative to offshore perpetual swaps.

Source

Information sourced from official Ripple publications, institutional research, regulatory documentation and reputable crypto news outlets.

Author

Ripple Van Winkle is a cryptocurrency analyst and founder of XRP Right Now. He has been active in the crypto space for over 8 years and has generated more than 25 million views across YouTube covering XRP daily.

Editorial Note

Opinions are the author's alone and for informational purposes only. This publication does not provide investment advice.

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