Coinbase Cranks Up the Volume: Around-the-Clock Bitcoin and Ethereum Futures Trading
Coinbase Introduces Around-the-Clock Trading for Bitcoin and Ethereum Futures, Marking an Important Advancement
Hey there, folks! U.Today is back with some hot crypto news. Guess who's jumping into the 24/7 trading game? You've got it - Coinbase! Let's delve into the details.
Mark your calendars...starting May 9, 2025, U.S. traders can join in the earth-shattering action of 24-hour Bitcoin and Ethereum futures trading - a historical first for CFTC-regulated exchanges[1][3][4]. With Coinbase Derivatives (CDE) leading the charge, retail and institutional players can finally get in on the non-stop cryptocurrency market action, managing risk, and grabbing opportunities the minute they pop up, reflecting the always-on nature of crypto[2].
This major move puts Coinbase Derivatives ahead of the pack as the first CFTC-regulated derivatives exchange to offer round-the-clock trading for leveraged Bitcoin and Ethereum futures[2].
Wait, there's more! Coinbase hinted that this is just the beginning. They're hard at work introducing perpetual-style futures to the U.S., giving retail traders access to a derivatives product widely used in crypto, but now within a strictly supervised environment[2].
Coinbase's Mixed Bag of Weekly Updates
New Kid on the Block: Listings and Experimental Labels
Some fresh faces are making their way into Coinbase's growing family! Now available: PAX Gold (PAXG) across the Coinbase platform and its mobile apps[5]. Wanna dive deeper into the Ethereum network? Space and Time (SXT) is listed on Coinbase and can be found under the experimental label on the iOS and Android apps[5].
Saying Goodbye to a Few: Delistings and Withdrawals
In a change of direction, Coinbase has decided to disable trading for Gemini Dollar (GUSD) and GYEN (GYEN). Don't fret - users can still withdraw their funds at any time[5].
#Bitcoin #Ethereum
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- Coinbase Derivatives, a subsidiary of Coinbase, will commence 24/7 trading for leveraged Bitcoin and Ethereum futures starting May 9, 2025, marking a historic milestone for CFTC-regulated exchanges.
- This move places Coinbase Derivatives at the forefront as the first CFTC-regulated derivatives exchange offering around-the-clock trading for Bitcoin and Ethereum futures.
- With this decision, retail and institutional traders can now participate in the continuous cryptocurrency market action, managing risks, and seizing opportunities on Coinbase Derivatives.
- Coinbase has hinted that this is just the beginning, working diligently to introduce perpetual-style futures to the U.S. market, offering a widely used derivatives product in the crypto sector within a regulated environment.
- In addition to its futures trading initiative, Coinbase has listed PAX Gold (PAXG) across its platform and mobile apps, allowing users to invest in gold-backed digital assets.
- Simultaneously, Coinbase has announced the delisting of Gemini Dollar (GUSD) and GYEN (GYEN), but users can still withdraw their funds from these digital assets.
