Coinbase Exchange to Launch Futures Contracts for MATIC and BCH: Here Are the Details!

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• On Saturday, Coinbase International Exchange announced its plans to launch perpetual futures contracts for Polygon (MATIC) and Bitcoin Cash (BCH).
• Users can start trading MATIC-PERP and BCH-PERP contracts from December 7.
• Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), and Stellar (XLM) experienced an uptrend after being listed by Coinbase International Exchange.

Coinbase International Exchange announced today that it will launch futures contracts for MATIC and BCH coins: Here are the details!

Coinbase Initiates Futures Trading for BCH and MATIC

Coinbase International Exchange revealed its plans to launch perpetual futures contracts for Polygon (MATIC) and Bitcoin Cash (BCH) on Saturday. This move comes as part of Coinbase’s efforts to expand its crypto offerings amid a significant increase in trading volume at its international branch.

In an official announcement made on December 2, the crypto exchange Coinbase International Exchange stated that it would support perpetual futures contracts for Polygon and Bitcoin Cash on Coinbase International Exchange & Coinbase Advanced.

Users can start trading MATIC-PERP and BCH-PERP contracts from December 7. This marks an exciting step for the exchange in expanding its perpetual contract offerings.

Coinbase launched Coinbase International Exchange in May, allowing institutional investors outside the United States to trade perpetual futures. Additionally, in September, it received regulatory approval to enable perpetual futures trading for eligible non-U.S. retail customers.

Last week, COINOTAG reported that Coinbase International Exchange listed perpetual futures contracts for Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), and Stellar (XLM). These new offerings provide access to other cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) that have been listed on the platform since it began serving customers outside the United States.

Will MATIC and BCH Prices Rise?

Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), and Stellar (XLM) experienced an uptrend after being listed by Coinbase International Exchange. Crypto analysts are optimistic about the prices of MATIC and BCH, given the massive whale accumulation and the overall recovery of the crypto market.

The MATIC price increased by over 3% in the last 24 hours and is currently trading at $0.8056. Its 24-hour low and high values are $0.777 and $0.818, respectively. Additionally, the trading volume decreased by 20% in the last 24 hours, indicating a decrease in trader interest.

On the other hand, the BCH price also increased by over 1% in the last 24 hours and is currently trading at $227. Its 24-hour low and high values are $223.29 and $226.35, respectively.