Blockchain_Blockchain Technology - yuyjo.com
No Result
View All Result
  • Home
  • Latest
  • Market
  • Cryptocurrency
  • NFT
  • Crypto Exchange
  • Digital currency
  • Metaverse
Blockchain_Blockchain Technology - yuyjo.com
  • Home
  • Latest
  • Market
  • Cryptocurrency
  • NFT
  • Crypto Exchange
  • Digital currency
  • Metaverse
No Result
View All Result
Blockchain_Blockchain Technology - yuyjo.com
No Result
View All Result
Advertisements

Coinbase Expands Futures Trading Offerings with AVAX and SOL Perpetual Contracts Launch

Madonna by Madonna
11/14/2023
blank

Coinbase, a leading player in the cryptocurrency exchange realm, has unveiled plans to diversify its futures trading products. The platform is set to introduce perpetual futures contracts for Avalanche (AVAX) and Solana (SOL) on November 14.

Advertisements

Key Details of the New Products:

The imminent AVAX-PERP and SOL-PERP markets are slated to open on Coinbase Advanced and the Coinbase International Exchange, contingent upon liquidity conditions. Notably, perpetual futures contracts, unlike standard futures, lack a predetermined expiration date, affording traders the flexibility to speculate on the price movements of underlying assets for an indefinite period.

Advertisements

This strategic move significantly expands Coinbase’s derivative market capabilities, presenting traders with additional options in the dynamic cryptocurrency landscape. The inherent flexibility of perpetual futures contracts allows traders to capitalize on arbitrage, leverage, and hedging opportunities prevalent in the unpredictable cryptocurrency market. However, Coinbase underscores the importance of cautious investor management, acknowledging the associated risks such as overleveraging and liquidation.

Advertisements

In adherence to local regulations governing cryptocurrency derivatives, perpetual futures trading on the Advanced Trading platform is restricted to users in specific non-U.S. regions. Coinbase’s commitment to regulatory compliance is underscored by the approval received from the Bermuda Monetary Authority in September for the Coinbase International Exchange.

Advertisements

AVAX’s Soaring Value:

The announcement coincides with a notable surge in the value of Avalanche’s native cryptocurrency, AVAX. TraderJoe, a prominent decentralized exchange (DEX) on the Avalanche network, reported a substantial 112% surge in trading volume and a 146% increase in fees. This surge in usage, with the majority of trading occurring on the Avalanche chain, underscores increased trust in the network, contributing to its vibrancy and attracting more participants.

The positive momentum has propelled AVAX’s price to a 9.62% increase over the previous day. Coinbase’s strategic expansion aligns with the broader trend of growing interest and confidence in the Avalanche ecosystem, signaling a promising trajectory for both the network and its associated assets.

Tags: Coinbase
Previous Post

Coinbase Forecasts Bitcoin Spot ETFs as Catalysts for Broader Investor Participation

Next Post

Binance Secures Protective Order in Ongoing SEC Lawsuit

Madonna

Madonna

Madonna, the esteemed author of our blockchain website, is a recognized authority in the field. With a wealth of experience and expertise, she brings a profound understanding of blockchain technology. Her professional insights and commitment to excellence make her a trusted source for navigating the complexities of the blockchain industry.

Related Posts

Russia’s largest bank Sber offers up Bitcoin-linked bonds
Cryptocurrency

Russia’s largest bank Sber offers up Bitcoin-linked bonds

06/04/2025
Crypto lobby pushes Senate to pass stablecoin bill without debate
Cryptocurrency

Crypto lobby pushes Senate to pass stablecoin bill without debate

06/04/2025
Norwegian crypto platform spikes 138% on Bitcoin treasury plan
Cryptocurrency

Norwegian crypto platform spikes 138% on Bitcoin treasury plan

06/04/2025
Coinbase aware of recently disclosed data leak since January: Reuters
Cryptocurrency

Coinbase aware of recently disclosed data leak since January: Reuters

06/04/2025
ConSensys says Web3Auth acquisition to ‘greatly improve’ MetaMask UX
Cryptocurrency

ConSensys says Web3Auth acquisition to ‘greatly improve’ MetaMask UX

06/04/2025
Revolut eyes crypto derivatives push, job listing suggests
Cryptocurrency

Revolut eyes crypto derivatives push, job listing suggests

06/04/2025
Next Post

Binance Secures Protective Order in Ongoing SEC Lawsuit

NFT Market Sees Revival as Major Collections Experience Surge in Sales and Volume

Mad Lads NFTs Reach All-Time High Amidst Backpack's FTX Lawyer-led Exchange Launch

Recent Posts

Cryptocurrency and International Economic News Update

Cryptocurrency and International Economic News Update

06/04/2025
Trump’s approval rating hit a new low in his first 100 days in office. The crypto market and global economic policy dynamics are intertwined

Trump’s approval rating hit a new low in his first 100 days in office. The crypto market and global economic policy dynamics are intertwined

06/04/2025
Cryptocurrency market capital fluctuations and account security alerts

Cryptocurrency market capital fluctuations and account security alerts

06/04/2025
The latest news reports on cryptocurrencies and related fields

The latest news reports on cryptocurrencies and related fields

06/04/2025
Binance Alpha: Reshaping Crypto Market Dynamics Through Liquidity and Control

Comprehensive information on cryptocurrencies and financial markets

06/04/2025
CryptoQuant: Bitcoin is at a key support level, and the market is waiting for an entry opportunity after a pullback

CryptoQuant: Bitcoin is at a key support level, and the market is waiting for an entry opportunity after a pullback

06/04/2025
Blockchain_Blockchain Technology - yuyjo.com

Yuyjo is a blockchain portal. Its main columns include Cryptocurrency, NFT, Crypto exchange, Digital currency, Metaverse and other columns. 【Contact us: [email protected]】

Recent News

  • Cryptocurrency and International Economic News Update 06/04/2025
  • Trump’s approval rating hit a new low in his first 100 days in office. The crypto market and global economic policy dynamics are intertwined 06/04/2025
  • Cryptocurrency market capital fluctuations and account security alerts 06/04/2025

TAGS

APENFT Binance Binance Futures Bitcoin CBDC Coinbase Coinbase Account Coinbase Wallet Digital Coin Digital Dollar Digital Rupee Digital Yuan Ethereum Facebook Metaverse Gemini Kraken NFT Coin NFT Collection OKCoin
No Result
View All Result
  • Home
  • Latest
  • Market
  • Crypto Exchange