Coinbase Launches Polygon (MATIC) and Bitcoin Cash (BCH) Perpetuals
Crypto exchange Coinbase International Exchange has announced the launch of perpetual futures contracts for Polygon (MATIC) and Bitcoin Cash (BCH) on its platform. This move comes as Coinbase expands its crypto offerings to meet the growing demand from traders.
Coinbase Adds Support for Polygon and Bitcoin Cash Perpetuals
In an official announcement, Coinbase International Exchange revealed that it will support perpetual future contracts for Polygon (MATIC) and Bitcoin Cash (BCH). Starting from December 7, users will be able to trade MATIC-PERP and BCH-PERP contracts on the platform. This expansion of perpetual contracts is part of Coinbase’s efforts to provide a wider range of trading options for its users.
Increasing Crypto Offerings by Coinbase International Exchange
Coinbase International Exchange launched in May to cater to non-US institutional investors. It later gained regulatory approval to offer perpetual futures to eligible non-US retail customers. The recent addition of Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), Stellar (XLM), and now Polygon (MATIC) and Bitcoin Cash (BCH) further expands the range of cryptocurrencies available on the platform.
Price Outlook for Polygon (MATIC) and Bitcoin Cash (BCH)
Following their listing on Coinbase International Exchange, Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), and Stellar (XLM) experienced price increases. Analysts are also optimistic about the price outlook for Polygon (MATIC) and Bitcoin Cash (BCH) due to whale accumulation and the overall recovery of the crypto market.
Polygon (MATIC) Price Movement
Over the past 24 hours, the price of Polygon (MATIC) has risen by over 3%. It is currently trading at $0.807, with a 24-hour low and high of $0.777 and $0.818, respectively. However, the trading volume has decreased by 20% in the last 24 hours, indicating a decline in trader interest.
Bitcoin Cash (BCH) Price Update
In the last 24 hours, Bitcoin Cash (BCH) has seen a price increase of over 1%. It is currently trading at $226.33, with a 24-hour low and high of $223.29 and $226.35, respectively.
Hot Take: Coinbase Expands Perpetuals Offering with Polygon (MATIC) and Bitcoin Cash (BCH)
Coinbase International Exchange continues to expand its crypto offerings by introducing perpetual futures contracts for Polygon (MATIC) and Bitcoin Cash (BCH). This move allows traders to access a wider range of cryptocurrencies on the platform, further contributing to the growth and adoption of digital assets. With the recent listings of various cryptocurrencies on Coinbase International Exchange, including MATIC and BCH, it will be interesting to see how these additions impact their prices and overall market performance.
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