Coinbase, one of the leading cryptocurrency exchanges, is gearing up to broaden its offerings with the introduction of Wormhole (W) perpetual futures. This significant development represents a crucial expansion in the exchange’s derivatives market, catering to the increasing demand for sophisticated financial instruments in the digital asset space.
Wormhole Futures on Coinbase
Scheduled for launch after 9:30 am UTC on April 4, 2024, Wormhole (W) perpetual futures will offer Coinbase users new trading options, expanding their horizons in the cryptocurrency market. These contracts enable speculation on Wormhole’s future price indefinitely, allowing for flexible position holding. The addition of W-PERP futures diversifies Coinbase’s investments and enhances Wormhole’s market liquidity, enriching the trading environment for all participants.
Regulatory Compliance and Secure Trading
@CoinbaseIntExch will add support for Wormhole perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of our W-PERP market will begin on or after 9:30am UTC on 4 APR 2024, in regions where trading is supported. pic.twitter.com/NYB2vwdnFI
— Coinbase International Exchange 🛡️ (@CoinbaseIntExch) April 3, 2024
The launch of W-PERP futures on Coinbase International Exchange and Coinbase Advanced will adhere to strict regulatory compliance, ensuring a secure and transparent trading experience for users. Traders will have access to educational resources and tools provided by Coinbase to understand the mechanics and risks associated with derivative trading, empowering them to make informed decisions and optimize their trading strategies.
More Offerings on Coinbase
Our FTM-PERP and RUNE-PERP markets are now in full-trading mode on Coinbase International Exchange and Coinbase Advanced. Limit, market, stop, and stop limit orders are all now available. pic.twitter.com/88xvcmjhmE
— Coinbase International Exchange 🛡️ (@CoinbaseIntExch) March 28, 2024
In addition to Wormhole (W) futures, Coinbase has recently launched FTM-PERP and RUNE-PERP perpetual pairs, which are now available for full trading on Coinbase International Exchange and Coinbase Advanced. The inclusion of limit, market, stop, and stop-limit orders provides traders with precise control and execution in the fast-paced crypto markets, enhancing Coinbase’s reputation as a versatile platform for various digital asset trading needs.
