Coinbase International to List Perpetual Futures of BLAST, ZRO, ZK on July 11 (KST)

IconCryptoNewsTerminal Staff08 Jul, 2024

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Coinbase International to List Perpetual Futures of BLAST, ZRO, ZK on July 11 (KST)

Coinbase International, the cryptocurrency trading platform of Coinbase, announced on July 10 that it would support perpetual futures for BLAST, LayerZero (ZRO), and ZKSync (ZK) at 6:30 p.m. KST on July 11 via X. Perpetual futures are a type of financial contract that allows traders to speculate on the future price of an asset without having to take physical delivery of the underlying asset. They are similar to traditional futures contracts, but they do not have an expiration date. This means that traders can hold positions for as long as they want. The addition of perpetual futures for BLAST, ZRO, and ZK to Coinbase International will give traders more options for trading these assets. It will also make it easier for traders to hedge their positions and speculate on the future price of these assets. BLAST is the native token of the LayerZero protocol. LayerZero is a cross-chain interoperability protocol that allows developers to build applications that can communicate with each other across different blockchains. ZRO is the native token of the ZKSync protocol. ZKSync is a zk-rollup scaling solution for Ethereum. ZK is the native token of the ZK Token Network. ZK Token Network is a decentralized network that allows users to send and receive tokens without revealing their identity.