Coinbase to Introduce 24/7 Bitcoin and Ethereum Futures Trading in the U.S.
- Coinbase will offer 24/7 futures trading for Bitcoin and Ethereum via its derivatives platform.
- The service will be available in the coming weeks, though no specific date is provided.
- Traders can engage in futures contracts with different-sized options, including “micro futures.”
- The global crypto derivatives market is significantly larger than spot trading, with $879 billion traded recently compared to $151 billion in spot markets.
- Coinbase acquired FairX in 2022 and rebranded it as Coinbase Derivatives Exchange.
Coinbase plans to launch continuous futures trading for Bitcoin and Ethereum soon, expanding access for U.S. traders. The global derivatives market’s recent activity of $879 billion highlights its scale compared to spot trading’s $151 billion.
Source (2.6)https://decrypt.co/309408/coinbase-to-launch-24-7-bitcoin-ethereum-futures-for-us-customers?rand=52368
