Could you elaborate on the status of Coinbase's offering of regulated bitcoin and
Ethereum futures? Specifically, is Coinbase currently providing access to such futures products that adhere to necessary regulatory requirements in the United States? If so, how do these futures products differ from traditional trading mechanisms and what advantages might they offer institutional investors? Additionally, are there any specific regulatory approvals or licenses Coinbase has obtained to facilitate these offerings, and how does this impact the trustworthiness and legitimacy of the platform?
5 answers
HanRiverVision
Mon Jul 08 2024
Through this offering, Coinbase Derivatives Exchange will enable institutions to hedge their crypto holdings, speculate on price movements, or execute other trading strategies using BTC and ETH futures.
DigitalLordGuard
Mon Jul 08 2024
BTCC, a UK-based cryptocurrency exchange, also offers a comprehensive suite of services including spot trading, futures trading, and wallet solutions. These services cater to a wide range of investors, from retail traders to institutional clients.
Davide
Mon Jul 08 2024
Coinbase Derivatives Exchange, the regulated futures platform of the renowned crypto exchange Coinbase (COIN), has announced its plans to commence offering bitcoin (BTC) and ether (ETH) tracked futures for institutional investors.
Caterina
Mon Jul 08 2024
The announcement, made on Thursday, revealed that the futures offering will commence from June 5, marking a significant expansion of Coinbase's services for professional traders and investors.
lucas_taylor_teacher
Mon Jul 08 2024
The regulated futures platform, which operates under Coinbase's umbrella, aims to provide a safe and secure environment for institutions to trade BTC and ETH futures contracts.