Altcoin News: Coinbase to Launch Round-the-Clock Futures for Major Altcoins
The post Altcoin News: Coinbase to Launch Round-the-Clock Futures for Major Altcoins appeared on BitcoinEthereumNews.com.
Coinbase Derivatives will launch 24/7 futures for major altcoins on Dec 5. This expands continuous trading beyond BTC and ETH for US traders. Coinbase Derivatives plans a significant expansion. Specifically, they will be expanding the 24/7 trading of their listed altcoin futures. Indeed, these are Avalanche, Bitcoin Cash, Cardano, Chainlink, Dogecoin, Hedera, Litecoin, Polkadot, Shiba Inu, Stellar, and SUI. This move represents a significant improvement in their offerings. It satisfies the increasing market demand. Nonstop Trading for Key Altcoins Goes Live December 5 Non-stop trading for these assets will begin on December 5. Therefore, this information is from a Coinbase post by Coinbase Markets. Consequently, this contributes to Coinbase Derivatives already having 24/7 support. This current support has already proven popular amongst traders. Related Reading: Crypto News: Coinbase to Launch New ‘DeFi Mullet’ Offering in Brazil Soon | Live Bitcoin News Furthermore, this existing support is for Bitcoin, Ethereum, Solana, and XRP products. Notably, it includes nano as well as “perp-style” futures products. This is a huge step for opening the market. It offers more opportunities for active portfolio management. December 5 marks a key date. Specifically, 24/7 trading launches for all alt coin monthly futures. These are offered by Coinbase Derivatives. December 12 will see new US perpetual style futures to be launched. This applies to all altcoins. This staggered launch is to ensure smooth integration. Assets launching include Shiba Inu ($SHIB), Avalanche ($AVAX), Bitcoin Cash ($BCH), Cardano ($ADA), Chainlink ($LINK), Dogecoin ($DOGE), Hedera ($HBAR), Litecoin ($LTC), Polkadot ($DOT), SUI ($SUI) and Stellar ($XLM). This extensive list includes a lot of top-tier altcoins. These futures contracts are available from Coinbase Derivatives. Furthermore, they will be available to retail and institutional traders. This access is offered through approved FCM partners. This widespread availability democratizes sophisticated financial instruments. Coinbase’s perpetual-style contracts…
