BitRss.com latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources

Coinbase Gearing Up To Roll Out New Feature Allowing Users To Trade Altcoins Before Launch

Coinbase Gearing Up To Roll Out New Feature Allowing Users To Trade Altcoins Before Launch
Coinbase is gearing up to roll out a new feature that will allow users to trade new crypto tokens before they launch.
The Coinbase International Exchange and Coinbase Advanced will enable traders in eligible jurisdictions outside of the US, the UK and Canada to buy perpetual futures contracts for assets that haven’t been listed on spot exchanges yet.

When the underlying asset for a pre-launch perpetual futures contract actually receives an exchange listing, the contract converts to a standard perpetual contract.
Coinbase says the upcoming feature will enable traders to “participate in price discovery,” though the exchange warns that pre-launch markets carry elevated risks.
“Given the high-risk nature of pre-launch markets, these markets are more prone to lower liquidity, higher volatility and increased liquidation risk. Please note that positions for pre-launch markets will not be assigned to participants of our Liquidity Support Program (LSP). As such, these markets will be at higher risk of Auto-Deleveraging compared to standard perpetual futures.”
Coinbase Advanced is the exchange’s advanced trading platform and will offer pre-launch markets for retail traders, while the Coinbase International Exchange will offer the instruments for eligible institutional users.
The pre-launch perpetual futures contracts will have funding rates that use the same formula as standard perpetual futures, according to Coinbase.
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X , Facebook and Telegram

Surf The Daily Hodl Mix






 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney
The post Coinbase Gearing Up To Roll Out New Feature Allowing Users To Trade Altcoins Before Launch appeared first on The Daily Hodl .

BitRss.com shares this Contents always with License.

Thank you for Share!

   
Tumblr
LinkedIn
Reddit
VK

WhatsApp
Telegram

Search about Crypto News


BITRSS | CRYPTOCURRENCY WORLD NEWS

The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed BitRss.com simple and intuitive, usable by all Devices, fast and effective.


| LEARN MORE ABOUT |

Today Most Popular News