July saw a $38 billion surge in Coinbase International’s Perpetual Futures Trading Volume. 🚀

Unlocking the Potential of Coinbase’s Perpetual Futures Trading

Are you looking to explore the world of perpetual futures trading offered by Coinbase International Exchange? Dive into the details and trends surrounding this popular trading option, which has seen significant growth in trading volume and open interest.

The Rise of Perpetual Futures Trading on Coinbase

Discover how Coinbase International Exchange closed out the month of July with a record-breaking monthly perpetual futures trading volume of over $38 billion. This milestone marks a significant achievement in the world of cryptocurrency derivatives trading, showcasing the growing popularity of perpetual futures among traders.

Monthly Perpetual Futures Trading Volume Exceeds $38 Billion
Ether Perpetual Futures Surpass Bitcoin in 24-Hour Trading Volume
Total Open Interest for Ether Futures Stands at $10.9 Million

The Dominance of Perpetual Futures Trading

Explore how Coinbase International Exchange has highlighted perpetual futures, also known as “perps,” as a dominant force in cryptocurrency derivatives trading due to their flexibility and efficiency. Learn how the funding rate mechanism of perps allows prices to closely follow spot prices, making them a popular choice for traders engaging in speculative trading, hedging, and arbitrage strategies.

Bermuda Authority Approval for Coinbase’s Perpetual Futures Expansion

In September 2023, the Bermuda Monetary Authority (BMA) granted regulatory approval to Coinbase International Exchange, allowing the platform to offer perpetual futures trading to customers outside the United States. This regulatory milestone paved the way for Coinbase to expand its offerings and cater to a broader global audience interested in cryptocurrency derivatives trading.

Regulatory Approval for Offering Perpetual Futures Outside the US
Expansion of Services to Institutional and Retail Clients
About 75% of Crypto Trading Volume Originates from Derivatives Market

Coinbase’s Innovative Approach to Unreleased Token Trading

Learn more about Coinbase’s initiative to introduce pre-launch markets on its International Exchange and Coinbase Advanced platforms, allowing qualified retail users to trade perpetual futures contracts on unreleased tokens. This groundbreaking approach enables retail traders to participate in determining the prices of upcoming projects and gain early insights into the cryptocurrency market.

Introduction of Pre-Launch Markets for Unreleased Tokens
Opportunities for Retail Users to Participate in Price Discovery
Empowering Traders with Early Insights and Investment Opportunities

Hot Take: Embracing the Future of Perpetual Futures Trading with Coinbase!

Are you ready to dive into the world of perpetual futures trading with Coinbase International Exchange? Explore the innovative trends, regulatory developments, and trading opportunities that await you in the world of cryptocurrency derivatives. Stay ahead of the curve and unlock the full potential of perpetual futures trading in the ever-evolving crypto market!

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