Coinbase, the largest cryptocurrency exchange in the United States, made an important announcement regarding altcoins.
Coinbase, posting from its X account, announced a partnership with online brokerage Webull to support Dogecoin (DOGE), XRP, Solana (SOL), and Litecoin (LTC) futures trading on its platform.
Accordingly, Coinbase will support DOGE, XRP, SOL, and LTC futures on Webull.
“Webull announced today that it has expanded its crypto futures portfolio through a partnership with Coinbase Derivatives, a futures exchange registered with the Commodity Futures Trading Commission (CFTC).
Webull users in the US will be able to trade Dogecoin, XRP, Solana, Litecoin futures contracts.
“Webull users are always looking for smart ways to diversify and manage risk, especially in fast-moving markets like cryptocurrencies. By continuing to develop our partnership with Coinbase Derivatives, we are providing our clients with the tools to navigate the evolving world of digital assets while offering them more opportunities to invest with confidence,” said Anthony Denier, Webull Group President and US CEO.
Boris Ilyevsky, President of Coinbase Derivatives, said, “It’s great to see Webull’s futures business growing with Coinbase Derivatives. As we continue to expand our product line and report record volumes and open interest in futures on major crypto assets and altcoins, I’m excited to see them expand their access to the crypto economy by offering Webull clients more Coinbase-listed futures.”
*This is not investment advice.