Making a strategic move to strengthen its position as one of the leading players in the cryptocurrency market, leading global crypto exchange Coinbase International has expanded its futures portfolio. The platform has added three new cryptocurrencies (TIA coin, INJ and SEI) to its already extensive list of supported assets. Users on Coinbase International’s futures trading platform can now explore and trade these newly added tokens starting January 25. This development marks an important step in diversifying trading options and meeting the growing demands of the cryptocurrency community. Although Coinbase International’s futures trading platform is in its relative infancy, the addition of these tokens brings exciting prospects for traders and offers opportunities to take advantage of the dynamic and ever-evolving nature of the market.
Coinbase adds TIA coin, INJ and SEI
Coinbase International, one of the world’s largest cryptocurrency exchanges, expanded its futures options by adding three more cryptocurrencies to its portfolio, bringing the total number of supported assets to 15. Users on Coinbase International’s futures trading platform will be able to engage in trading activities with the newly added tokens TIA coin, INJ and SEI, starting from January 25. Notably, these tokens were previously included on Coinbase’s main platform for spot trading.
Despite this development, the news had a minimal impact on the prices of these assets. This can be attributed to relatively low trading volumes on Coinbase International, which continues to establish itself as a new platform in the crypto space. Current data reveals a 24-hour trading volume of $165 million, with a total open position size of $5.27 million.
Coins rising on an annual basis
Among newly listed assets, INJ has attracted significant attention over the past year. Starting at $1.64 a year ago, the token has surged a staggering 2100% and is currently trading at $35. Similarly, TIA coin, which was initially priced at $2.20, has gradually increased over the past 12 months, reaching $17.45, a notable increase of 730%. Finally, SEI, which had an initial value of $0.095 in October, has witnessed a significant increase of over 600% and is currently trading at $0.68.
It is important to note that these impressive price movements highlight the volatility and potential profitability of the cryptocurrency market and attract both experienced and novice traders to explore various trading opportunities on platforms such as Coinbase International. Ultimately, Coinbase International’s decision to expand its futures offerings demonstrates the platform’s commitment to providing users with a wide range of cryptocurrency options. As the platform continues to evolve, market participants will closely monitor how these new additions contribute to its overall growth and impact in the dynamic world of cryptocurrency trading.
To be informed about the latest developments, follow us Twitter’in, Facebookin and InstagramFollow on . Telegram And YouTube Join our channel.