Coinbase has begun a permanent future transaction in the United States, and as of July 21, it is expected that a qualified user will access two futures contracts.
On Monday, this exchange said that US users can now access permanent derivatives through the Coinbase Financial Market account by accessing the Nano Bitcoin permanent future (BTC-perp) and Nanoeter permanent futures (ETH-perp).
For several weeks after Coinbase announced plans to provide a product to US customers who want to access Coinbase’s gifts, the launch of Crypto Perpetuals of Crypto Perpetuals in Commission Commission for several weeks. There will be a Coinbase financial market account here, Exchange said.
The permanent future accounts for 90%of the trading volume
The disclosure of Coinbase’s BTC (Bitcoin) and Ethereum (Ethereum) regulatory platforms has greatly adopted the recent major stablecoin bills as regulatory changes to the support environment increased as the resurrection of the US encryption market increased.
The permanent future is a type of derivative contract without a monthly expiration date, but the encryption trader can access a higher level of transactions.
In encryption, permanent future trading accounts for almost 90%of the volume of transactions. Coinbase’s international users were able to access perps, but the US regulatory environment meant that exchange could not be provided. The release changes everything.
Coinbase pointed out X.
Without the monthly expiration, the user can trade with a 10 -fold leverage and 0.02%fee.
Unlike the traditional future, which provides the expiration date for each month or quarter, the permanent future of Coinbase has a long date and the user can benefit from the five -year expiration date. The 10 times leverage enhances capital efficiency, allowing traders to increase market exposure and positions.
This is an important news for BTC and ETH traders, but the user must know the dangers related to leverage futures. Like other markets, like other markets, transactions can work or relatively for traders, and high leverage increases the risk of loss.