Coinbase Derivatives, a regulated futures exchange, is set to launch 24/7 Bitcoin and Ethereum futures trading for U.S. traders.
This will be the first time crypto futures can be traded around the clock in the U.S., just like regular cryptocurrency markets.
Crypto futures allow traders to bet on price changes without owning the actual coins. These contracts make up more than 75% of global crypto trading.
Until now, U.S. traders had to deal with fixed market hours and futures contracts that expired on certain dates, making it harder to react to market shifts.
With 24/7 trading, traders can manage their Bitcoin and Ethereum positions anytime. The new futures contracts will come in different sizes to suit both individual and institutional traders.
Coinbase is developing a new type of futures contract called “perpetual futures,” which lets traders hold positions indefinitely without expiration dates. These contracts are common in global markets but are mostly unavailable in the U.S. due to regulations.
To make this product available, Coinbase is working with regulators and industry experts to ensure it meets U.S. legal requirements. The goal is to give U.S. traders better opportunities to compete with international markets and make crypto trading more accessible.
source: crypto.news
