- Coinbase’s latest derivatives product launch targets U.S. regulatory standards.
- American-style perpetual futures by Coinbase launch on July 21.
- Expectation of deeper market liquidity in U.S. derivatives trading.
Coinbase announced its upcoming launch of American-style perpetual futures through the Coinbase Derivatives Exchange, set for July 21. These products will comply fully with U.S. regulations.
The introduction of this offering is significant as it seeks to provide U.S. traders with a regulated alternative to offshore markets, potentially impacting liquidity and market dynamics in the derivatives sector. regulatory-compliant derivatives trading.
Coinbase Enhances Regulatory Compliance with New Futures
Coinbase will soon introduce American-style perpetual futures fully compliant with U.S. standards. Boris Ilyevsky, Head of Coinbase Derivatives Exchange, emphasized domestic, regulated alternatives to offshore solutions.
The launch includes Nano Bitcoin and Ether contracts designed for capital efficiency. Traders can anticipate simplified contract expirations, a feature expected to attract substantial volumes from offshore to domestic platforms.
Boris Ilyevsky noted, “Our new US Perpetual-Style Futures contracts eliminate the need for offshore workarounds, offering traders a domestic, regulated alternative with the same utility: simplified contract expirations, capital efficient trading, long-term strategy execution, and risk management.”
U.S. Market Readies for July 21 Coinbase Launch
Did you know? In the global market, perpetual futures represent over 90% of crypto derivatives activity, showing the product’s dominance and the significant lure for U.S.-based traders seeking compliant options.
As of June 26, Bitcoin (BTC) is valued at $107,437.72 with a market cap of 2.14 trillion. Recent data from CoinMarketCap shows a 24-hour decrease of -0.23% and a 7-day growth of 2.96%.
The Coincu research team highlights Coinbase’s move as a pivotal step in driving global market trends.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/345363-coinbase-us-futures-launch/