Coinbase International Launches Spot Crypto Trading for Non-U.S. Customers
Coinbase International Exchange, a cryptocurrency exchange, has announced the launch of spot markets. The exchange plans to build liquidity and create a robust foundation in the initial phase, with a focus on expanding the product to include retail users, additional assets, and features for new trading strategies. Starting from December 14, non-U.S. institutional clients can access BTC-USDC and ETH-USDC pairs via API. Coinbase International Exchange, available to non-U.S. clients in select jurisdictions, offers access to BTC, ETH, LTC, XRP, SOL, and AVAX perpetual futures contracts for institutional clients. The platform has onboarded over 100 institutions since its launch and has seen approximately $10 billion in perpetual futures trading volume in Q3.
Evolving Features and Expansion
Coinbase International Exchange, launched in May 2023, is set to expand its offerings for spot trading. Its main objective is to enhance capital efficiency and provide new trading strategies. This expansion will include the inclusion of retail users, additional assets, and more features. The initial phase will focus on building liquidity and creating a strong foundation for the platform. Non-U.S. institutional clients will have access to BTC-USDC and ETH-USDC pairs, starting from December 14. Coinbase International Exchange is currently available to non-U.S. clients in specific jurisdictions.
About Coinbase International Exchange
Coinbase International Exchange is a cryptocurrency exchange that launched in May 2023. It offers access to BTC, ETH, LTC, XRP, SOL, and AVAX perpetual futures contracts for institutional clients. The exchange has attracted over 100 institutions since its launch and has achieved approximately $10 billion in perpetual futures trading volume in Q3. Coinbase International Exchange also provides eligible retail users with perpetual futures trading on Coinbase Advanced, a platform designed for experienced traders.
Hot Take: Coinbase International Expands Spot Trading for Non-U.S. Customers
Coinbase International Exchange is making significant strides in expanding its spot trading services for non-U.S. customers. With a focus on building liquidity and creating a robust foundation, Coinbase aims to enhance capital efficiency and offer new trading strategies. Non-U.S. institutional clients can now access BTC-USDC and ETH-USDC pairs via API, with plans for further expansion to include retail users, additional assets, and more features. Coinbase International Exchange has seen great success since its launch, attracting over 100 institutions and achieving substantial trading volume. As Coinbase continues to evolve and grow, it solidifies its position as a leading cryptocurrency exchange.