Coinbase Activates Round-the-Clock Trading for Altcoin Monthly Futures
- Coinbase has launched 24/7 trading for all altcoin monthly futures.
- Perpetual-style contracts are set to be introduced soon, expanding derivative access.
- The move aims to enhance liquidity and price discovery across non-Bitcoin crypto assets.
- Coinbase Markets, the derivatives arm of crypto exchange Coinbase (Nasdaq: COIN), shared these updates on social media.
Coinbase’s activation of continuous trading for altcoin monthly futures marks a significant step in broadening access to crypto derivatives beyond Bitcoin. This initiative could potentially improve market liquidity and facilitate better price discovery for various altcoins.
With perpetual-style contracts on the horizon, Coinbase is poised to further expand its offerings in the cryptocurrency derivatives market, enhancing trading opportunities for investors interested in non-Bitcoin assets. (Source)
