Breaking News
Get 40% Off 0
Is NVDA a 🟢 buy or 🔴 sell? Unlock Now

Coinbase to List ADA, LINK, DOGE, XLM Perpetual Futures on December 30

Published Nov 27, 2023 13:20
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
 
XLM/USD
+1.78%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
DOGE/...
+6.43%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
LINK/...
-1.96%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
ADA/USD
-0.52%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
COIN
+2.72%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

Coinbase (NASDAQ:COIN) is set to expand its international offerings by introducing perpetual futures contracts for several high-profile cryptocurrencies. On December 30, the Coinbase International Exchange will list perpetual future contracts for Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), and Stellar (XLM). This development comes as part of the company's strategic plan to diversify and enhance services for its non-US clients.

The new perpetual contracts will enable continuous trading opportunities for investors without an expiration date, providing flexibility in trading strategies. Each of these digital currencies has been chosen for specific strengths they bring to the market. ADA is recognized for its eco-conscious scalability solutions, while LINK is valued for connecting smart contracts with real-world data. DOGE has garnered attention for its robust community support, and XLM is known for enabling swift global payments.

In addition to these new offerings, Coinbase continues to serve global traders through its derivatives exchange, which is tailored to more sophisticated trading methods. The selection of assets for these perpetual futures considers regulatory compliance and market demand. For instance, the inclusion of XLM futures follows a U.S. legal development that sets it apart from other alternative coins.

The successful launch of these contracts is contingent on meeting certain liquidity conditions to ensure a stable trading environment. Coinbase's strategic asset selection reflects its commitment to navigating regulatory challenges while broadening its presence in the digital currency market. This move aligns with the platform's ongoing efforts to cater to a diverse range of investor needs and preferences within the cryptocurrency space.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Coinbase to List ADA, LINK, DOGE, XLM Perpetual Futures on December 30
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email