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On August 29, Coinbase will launch nano futures for the second-largest cryptocurrency by capitalization. For approval CFTC The Bitcoin exchange will provide instrument trading through brokers. The crypto
On August 29, Coinbase will launch nano futures for the second-largest cryptocurrency by capitalization.
For approval CFTC The Bitcoin exchange will provide instrument trading through brokers.
The crypto derivative will be available to customers of EdgeClear, Ironbeam, NinjaTrader, Optimus Futures, Stage 5, Tradovate, ABN AMRO, ADMIS, Advantage Futures, ED&F Man and Wedbush.
Futures with USD settlements are equal to 1/10 of the ETH value.
On June 27, the platform started trading bitcoin nanofutures. Average daily turnover was 77,000 contracts.
Coinbase highlighted that they expect to obtain a license for a futures broker (Futures Commission Trader, FCM) in the future that will enable them to offer such tools directly to customers.
Recall that in March Coinbase presented plans for the development of a section on derivatives.
Earlier, CME announced the launch of trading options on Ethereum futures from September 12.
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Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
