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Market News

Coinbase Hits 100th Perpetual Futures Milestone

Written By Jalpa Bhavsar
Fact Checked by Jahnu Jagtap
Published 2024-12-08
Make The Crypto Times preferred on GoogleGoogle
Coinbase Hits 100th Perpetual Futures Milestone

Coinbase International Exchange has reached a significant milestone by listing its 100th perpetual futures contract. 

Coinbase Hits 100th Perpetual Futures Milestone
Coinbase Hits 100th Perpetual Futures Milestone, Source: X

Traders can hold holdings in perpetual futures, a form of futures contract with no expiration date. These contracts are designed to provide traders with flexibility by closely tracking the price of the underlying asset.

However, despite this achievement, some users have recently faced the issue of Coinbase’s fund access being blocked for certain accounts, leading to frustration and calls for a quick resolution. 

Also Read: Cambodia Blocks Binance, Coinbase Amid Crypto Regulation Push

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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