Coinbase Derivatives Exchange to Launch Institutional-sized BTC and ETH Futures

Coinbase Derivatives Exchange to Launch Institutional-sized BTC and ETH Futures

Coinbase Derivatives Exchange is launching institutional-sized Bitcoin and Ether futures contracts to cater to the growing institutional demand, offering lower fees than other US-regulated derivatives exchanges, according to Coinbase's announcement.

The CFTC-regulated derivatives exchange's two new futures contracts - the Coinbase Bitcoin (BTI) and Coinbase Ether (ETI) - will be accessible through third-party institutional futures commission merchants (FCMs) and brokers. The new institutional-sized contracts will have a specific size of 1 Bitcoin and 10 Ether. This sizing is intended to enable clients to effectively manage market exposure.

Previously, Coinbase announced its strategic move to launch a derivatives exchange in Bermuda, marking a step in its international expansion strategy. The exchange will allow traders to engage in speculation on the prices of Bitcoin and Ethereum through perpetual futures contracts.

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Source

Coinbase

Derivatives

In This Article

Related News
COIN jumps 8% on news Coinbase will become the first pure-play crypto firm to join S&P 500 index COIN jumps 8% on news Coinbase will become the first pure-play crypto firm to join S&P 500 index
Coinbase premium flips positive for first time in weeks, indicating rising bitcoin demand from US investors Coinbase premium flips positive for first time in weeks, indicating rising bitcoin demand from US investors
Coinbase's fiat-to-crypto onramp integrates Apple Pay Coinbase's fiat-to-crypto onramp integrates Apple Pay
Coinbase’s decision not to support Celo Layer 2 upgrade causes stir among stakeholders Coinbase’s decision not to support Celo Layer 2 upgrade causes stir among stakeholders
Coinbase shares drop 15% after weaker-than-expected earnings report Coinbase shares drop 15% after weaker-than-expected earnings report
Latest News More More
4 Days Ago Chinese creditors push back against FTX's motion to forfeit payouts in restricted jurisdictions
July 7 TON Foundation offers path to 10-year UAE 'Golden Visa' for $100k in staked TON, $35k fee; UAE denies eligibility
July 4 Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
July 3 North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
July 3 JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open