The coinbase has unveiled the expansion of its crypto derivative products in addition to futures contracts for Solana and Hadera.
The launch declared on 18 February is aimed at deepening the company’s reach within the Crypto derivative Space. The new contracts designed to accommodate a variety of traders, with the futures of Solana (Soul), with 100 Soul Per contracts, and nano solan futures, on 5 soul per contract.
Hedera (HBAR) futures will be available at 5,000 Hbar. The launch of these contracts is seen as a step to diversify and expand the futures market of the coinbase, which offers users more options for strategic trade.
EURC -USDC always introduces futures
With futures contracts, the coinbase is Introduction Futures always offers 24/7 access to Euro Price Exposure for EURC-RUSDC on its international exchange. These will be available till 20X leverage, increasing capital efficiency to traders seeking flexibility in global markets.
With these additions, the coinbase now offers a total of 19 separate futures contracts, including major assets such as bitcoin, atherem and dogicine.
Institutional access and regulatory support
The new futures contracts are supported by the regulator approval of the coinbase from the US Commodity Futures Trading Commission. By adding Solana and Hadera futures in its platform, the coinbase developed the Crypto derivatives strengthens its position as a leader in the market.
Coinbase Financial Markets, the company’s fully regulated Futures Commission Merchant, will provide institutional customers with equipment required to effectively manage your digital asset exposure.
