Coinbase Derivatives Exchange is preparing to launch nano Ethereum (ETH) futures contracts.
Boris Ilyevsky, Head of Coinbase Derivatives Exchange by coinbase via the official website 29 August 2022 on the Coinbase Derivatives Exchange. 1 of Ethereum 1/10 sized nano Ethereum contracts will be put up for sale.
In the announcement, the need for derivatives contracts of a popular asset like Ethereum, thanks to contracts with the size of 1/10 Ethereum. lowering the collateral It was stated that it was intended to be made available to a wider audience.
Coinbase, nano Ethereum on 27 June offered for sale 1 Bitcoin (BTC) 1/100th sized nano Bitcoin market after contracts second reported that he had nano contracts. With this move, it has brought a long-standing phenomenon in traditional financial markets to crypto currency exchanges.
In the blog post, every product traded on derivatives exchanges by the U.S. Commodity Futures Trading Commission (CFTC) It was also reported that it was within the scope of the regulation and that it was processed in accordance with the regulations.