Coinbase, the largest cryptocurrency exchange in the US, has launched new futures products for US users! Here are the details.

Coinbase, the largest cryptocurrency exchange in the United States, has announced the launch of perpetual futures products for US users. The move comes amid growing clarity regarding crypto regulations in the country. Coinbase Launches CFTC-Regulated Perpetual Futures Trading for US Investors Coinbase announced on Monday that two futures contracts, nano Bitcoin Perpetual Futures (BTI) and nano Ethereum Perpetual Futures (ETI), have begun trading. The company stated: For years, US crypto investors have been content to look at this popular product, which benefits international users, from afar. These transactions were inaccessible in the US due to complex regulatory frameworks. That’s now changing. The new perpetual products offer leverage up to 10x and, unlike traditional futures, can be extended to five-year maturities. Coinbase stated that this flexibility will allow users to implement long-term strategies. Trading fees start at 0.02% per contract. This launch comes at a time of critical developments regarding crypto regulations in the US. The recently passed GENIUS Act provides a clear legal framework for stablecoins, while the Clarity Act aims to provide a comprehensive roadmap for the overall crypto market by clarifying the mandates of regulatory bodies like the SEC and CFTC. These developments have led to significant price increases in many major crypto assets, particularly Bitcoin and Ethereum. Coinbase shares also reached an all-time high of $437 last Friday, surpassing a market capitalization of $100 billion. However, as of Monday, Coinbase shares closed down 1.47% at $413.63. *This is not investment advice. Continue Reading: Coinbase, the largest cryptocurrency exchange in the US, has launched new futures products for US users! Here are the details.

Source: BitcoinSistemi