Coinbase Advanced Introduces Crypto 'Nano' Futures Accessible To US Retail Traders
Portfolio Pulse from Murtuza Merchant
Coinbase Financial Markets (CFM) has launched 'nano' futures contracts for Bitcoin and Ethereum, accessible to retail traders in the U.S. These contracts require less initial capital, making them attractive to a wider range of retail customers. To trade these futures, U.S. traders need an existing Coinbase Inc. account. CFM plans to extend futures trading to the Coinbase mobile app.
November 01, 2023 | 3:11 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
The introduction of 'nano' futures contracts for Bitcoin on Coinbase could increase trading volume and liquidity for Bitcoin.
The introduction of 'nano' futures contracts for Bitcoin on Coinbase could attract more retail traders, potentially increasing trading volume and liquidity for Bitcoin.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Coinbase's introduction of 'nano' futures contracts for Bitcoin and Ethereum could attract more retail traders, potentially boosting its user base and revenues.
The introduction of 'nano' futures contracts, which require less initial capital, could attract a wider range of retail customers to Coinbase. This could potentially increase the company's user base and revenues.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
The introduction of 'nano' futures contracts for Ethereum on Coinbase could increase trading volume and liquidity for Ethereum.
The introduction of 'nano' futures contracts for Ethereum on Coinbase could attract more retail traders, potentially increasing trading volume and liquidity for Ethereum.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70