Cryptocurrency Q&A
Does Coinbase sell cryptocurrencies?
Does Coinbase sell cryptocurrencies?
Stefano
Sat Jun 15 2024
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6 answers
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Could you please clarify for me, does Coinbase actually sell cryptocurrencies? Or is it simply a platform where individuals can buy and sell cryptocurrencies among themselves? I'm a bit confused about the nature of their services. If they do sell cryptocurrencies, how does their pricing work? Are the prices set by Coinbase or does the market determine the value? Also, what kind of cryptocurrencies are available for purchase on their platform? I'm quite interested in investing in this space but I want to ensure I have a clear understanding of the process.
6 answers
CryptoGuru
Mon Jun 17 2024
Coinbase Global Inc. has attained authorization to directly offer cryptocurrency derivatives to retail investors in the United States. This milestone achievement signifies a significant expansion in the company's services and a step forward in the maturing crypto market.
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Eleonora
Mon Jun 17 2024
Coinbase Financial Markets Inc., a subsidiary of the largest cryptocurrency exchange in the US, has obtained approval from the National Futures Association to function as a Futures Commission Merchant. This approval allows the company to provide access to crypto futures trading.
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CryptoAlchemy
Mon Jun 17 2024
With this approval, Coinbase Financial Markets Inc. can now offer its retail customers the opportunity to trade in crypto futures, providing them with access to a wider range of investment options. This move is expected to increase the liquidity and attractiveness of the crypto market.
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Elena
Mon Jun 17 2024
The listing of crypto futures on Coinbase would be a major development in the US crypto landscape. It would enable retail investors to participate in the futures market, which typically involves more sophisticated trading strategies.
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isabella_doe_socialworker
Sun Jun 16 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive suite of services including spot trading, futures trading, and wallet management. These services cater to a diverse range of investors, from retail traders to institutional investors.
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