Coinbase Introduces Crypto Futures Trading for Retail Customers
Coinbase, the leading cryptocurrency exchange in the U.S., has launched a new trading avenue that allows eligible retail customers to trade in crypto futures. These futures contracts are sized at 1/100th of a Bitcoin and 1/10th of an Ethereum, making them accessible to a broader range of participants. This move by Coinbase aligns with the global trend, where crypto derivatives account for 75% of the global crypto trading volume.
Coinbase Futures Settled in U.S. Dollars
While futures trading offers significant opportunities, Coinbase reminds users about the associated risks. Trading with leverage can amplify gains or magnify losses, so it’s important to exercise caution. Coinbase also confirms that all futures contracts will be settled in U.S. dollars.
SEC Challenges Coinbase’s Expansion Efforts
Coinbase has faced challenges in its expansion efforts due to the Securities and Exchange Commission (SEC). The SEC brought charges against Coinbase for not registering appropriately, but Coinbase argues that the SEC’s jurisdiction is limited to securities transactions.
Hot Take: Coinbase Broadens Access to Crypto Futures Trading
By introducing crypto futures trading for retail customers, Coinbase is expanding the options available and inviting more participants into the crypto market. While there are associated risks with futures trading, this move aligns with the growing popularity of crypto derivatives globally. Despite challenges from regulatory bodies like the SEC, Coinbase continues to innovate and provide new avenues for users to engage with cryptocurrencies.
By
By
By
By
By