Coinbase, one of the largest cryptocurrency exchanges, announced that individual investors in the USA can now trade cryptocurrency futures contracts.
According to the statement made by Coinbase, Coinbase Advanced customers in the USA, Bitcoin (BTC) and Ethereum (ETH) They will be able to use futures contracts.
In the statement made “These futures contracts, which are worth 1/100 of a Bitcoin and 1/10 of an Ethereum, are specifically individual traders sized for.” It was said.
Customers in the US can now access via the Coinbase Advanced platform both spot and forward They will be able to make transactions.
Coinbase Financial Markets, Inc. offers its services to customers in the United States who meet the applicable criteria. legal futures trading service It received approval in August to present it.
“Introducing futures trading in the U.S. is a critical milestone.” Coinbase team said, “more traders, more futures contracts” aims to present.
In Coinbase’s blog post, a warning was also made about the risks of futures contracts:
“Trading futures has huge risks. “You should only trade in financial products that you are familiar with and whose risks you understand, but only if the transaction fits your own investment experience, financial position and investment objectives.”
A few weeks ago, Coinbase announced that it would allow its customers outside the USA to make continuous futures transactions.