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Coinbase Derivatives Exchange Launches Institutional Bitcoin and

Date:2024-06-09 18:43:03 Channel:Crypto Read:

Coinbase's newly launched institutional Bitcoin and Ethereum futures exchange has sparked heated discussions among investors around the world. This move not only provides institutional investors with a more convenient way to trade, but also reduces fees, further promoting the development of the cryptocurrency market. This article will explore in depth the new services launched by Coinbase and their impact on the market and investors from multiple perspectives.

As a world-renowned cryptocurrency trading platform, Coinbase has been committed to providing users with a safe and convenient trading experience. Recently, Coinbase launched an institutional Bitcoin and Ethereum futures exchange to meet the growing digital asset trading needs of institutional investors. This move not only allows institutional investors to participate in Bitcoin and Ethereum transactions more flexibly, but also brings new development opportunities to the entire cryptocurrency market.

In the past few years, the cryptocurrency market has experienced vigorous development and attracted more and more institutional investors. However, traditional exchanges often have trading restrictions and high fees, which have caused considerable troubles for institutional investors. The institutional Bitcoin and Ethereum futures exchange launched by Coinbase is precisely to solve this problem. By introducing futures trading tools, institutional investors can better manage risks and implement more flexible trading strategies, thereby attracting more funds to flow into the cryptocurrency market.

In addition to meeting the needs of institutional investors, Coinbase also actively reduces fees to provide a fairer and more transparent trading environment for investors. Compared with the high fees of traditional exchanges, Coinbase's low fee policy has attracted a large number of individual investors. This not only reduces investors' transaction costs, but also promotes more people to participate in the cryptocurrency market, further promoting the market's activity and liquidity.

From a global perspective, the institutional Bitcoin and Ethereum futures exchanges launched by Coinbase are of great significance to the entire cryptocurrency industry. First, this move will further enhance the legitimacy and recognition of cryptocurrencies and attract more attention from traditional financial institutions and investors. Secondly, the low fee policy will promote the healthy development of the market, reduce investors' transaction costs, improve transaction efficiency, and inject more vitality into the market. Finally, by introducing futures tools, it will help regulate market trading behaviors, prevent market manipulation and risks, and provide investors with a safer trading environment.

In general, the institutional Bitcoin and Ethereum futures exchanges launched by Coinbase have injected new vitality into the cryptocurrency market, reduced the transaction costs of institutions and individual investors, and promoted the healthy development of the market. As the cryptocurrency market continues to grow and mature, I believe that Coinbase's new move will further promote the entire industry to a more standardized, transparent and efficient direction, bringing more investment opportunities and wealth growth space to global investors. The launch of Coinbase will undoubtedly become an important milestone in the development of the cryptocurrency market, and it deserves close attention from investors and industry followers.

The four most famous international exchanges:

Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
Binance International Line OKX International Line Gate.io International Line Huobi International Line
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.


Coinbase (120btc.COM) News: Coinbase, the leading US company, announced that its derivatives exchange "Coinbase Derivatives
Exchange" will provide "institutional-scale" Bitcoin and Ethereum tracking futures to institutional clients starting this week.

Built for institutional clients

Coinbase Derivatives Exchange said that the units of Bitcoin futures and Ethereum futures contracts are calculated as 1 Bitcoin and 10 Ethereum respectively.

Derivatives are financial contracts that are traded based on the underlying value of a specific asset. In the world of cryptocurrencies, the derivatives market expects traders to buy contracts in the future at the future price of the digital asset.

After the surge in Bitcoin prices, investors have been able to grab "small" futures. Coinbase began offering these small contracts last year. However, Coinbase's new futures contracts will be available to institutional investors, so the investment amount per futures contract will be much larger.

Focus on low fees

Coinbase noted that these futures will be settled monthly in U.S. dollars, and institutional investors will be able to use these futures to make hedging bets, bet on long-term market trends, or use these products for complex trading strategies. Coinbase's statement said: The introduction of institutional-grade contracts represents another milestone in our mission to provide advanced financial tools to market participants and highlights our commitment to tailoring products to the needs of institutional clients.

The exchange said that the fees for these futures contract products will be "significantly lower than traditional products."

In the cryptocurrency field, the derivatives market is larger than the spot market. According to Coingecko data, the overall 24-hour trading volume of cryptocurrency derivatives is currently $139 billion, compared with $36.2 billion in spot trading volume on centralized exchanges.

San Francisco-based Coinbase acquired FairX, a derivatives exchange regulated by the U.S. Commodity Futures Trading Commission (CFTC), last year and renamed it Coinbase
Derivatives Exchange.

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