Coinbase International Launches DEGEN, EOS, and 1000SATS Perpetual Futures

IconCryptoNewsTerminal Staff08 Aug, 2024

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Coinbase International Launches DEGEN, EOS, and 1000SATS Perpetual Futures

Coinbase International, the cryptocurrency derivatives exchange arm of Coinbase, has announced the listing of DEGEN, EOS, and 1000SATS perpetual futures on its platform. These futures will be available for trading on August 15th at 6:30 PM KST and will be supported on both Coinbase International and Coinbase Advanced Trade. The addition of DEGEN, EOS, and 1000SATS perpetual futures to Coinbase International's platform provides traders with access to a wider range of cryptocurrencies and trading opportunities. Perpetual futures are a type of derivative contract that allow traders to speculate on the future price of an asset without having to take physical delivery of the underlying asset. This makes them a popular tool for hedging against price fluctuations and for speculating on the future direction of the market. The listing of DEGEN, EOS, and 1000SATS perpetual futures is part of Coinbase International's ongoing efforts to expand its product offerings and meet the growing demand for cryptocurrency derivatives. Coinbase International is one of the world's leading cryptocurrency exchanges, and it offers a wide range of trading products and services to both retail and institutional investors.