Leading cryptocurrency exchange Coinbase announced futures for three altcoins. Meanwhile, Coinbase has added a new Solana-based decentralized exchange altcoin to its listing roadmap. Elsewhere, the exchange is planning to launch a service for Australia’s superannuation sector.
Coinbase lists ONDO, PYTH and ZETA in futures!
cryptokoin.comAs you follow from , exchanges continue to make updates to their lists. Especially Coinbase International, the global arm of Coinbase, attracts attention with its futures lists. In this context, the stock exchange continues to expand its list. In a recent development, Coinbase announced that it will list Ondo Finance (ONDO), Pyth Network (PYTH), and ZetaChain (ZETA) in futures. According to the statement, the stock exchange will start trading operations for these 3 altcoins on May 23 at 12:30 CET. In this context, the stock exchange made the following announcement:
CoinbaseIntExch will add support for OndoFinance (ONDO), Pyth Network (PYTH), and Zeta (ZETA) perpetual futures on Coinbase International Exchange & Coinbase Advanced. The ONDO-PERP, PYTH-PERP and ZETA-PERP markets will open on or after 23 MAY 2024 at 12:30 CET.
Coinbase adds Solana-based altcoin to listing roadmap
Meanwhile, Coinbase announced in its statement that it added a new altcoin to its listing roadmap. In this context, the exchange stated that it has added Drift Protocol (DRIFT), a Solana-based decentralized exchange altcoin, to its roadmap for listing in the future. Drift is an open source DEX that allows transparent and non-custodial trading.
Crypto exchange targets Australia’s retirement market!
Coinbase is planning to launch a new service for Australia’s growing Self-Managed Super Superannuation Funds (SMSFs), according to a recent interview with Asia-Pacific Managing Director John O’Loghlen. Data from the Australian Taxation Office (ATO) shows SMSFs, which represent around a quarter of Australia’s $2.5 trillion superannuation market, have allocated around A$1 billion ($664 million) to digital assets
Cryptocurrency investments in SMSFs are expected to increase further with the latest capital inflows. But traditional institutional investors in Australia remain wary of the crypto market’s volatility and scandal-filled history. So they largely remain on the sidelines. A Reuters report from March 2023 serves as a cautionary tale detailing how thousands of Australians lost millions in self-directed pensions due to crypto investments. Commenting on this development, John O’Loghlen said,
Self-managed super funds can only make a single allocation and set it and forget it. We’re working on a one-time offer that will provide really good service to these customers.
To be informed about the latest developments, follow us twitter‘in, Facebookin and InstagramFollow on and Telegram And YouTube Join our channel!