Coinbase Adds 24/7 XRP and SOL Futures Trading June 13

Crypto Derivatives Get Boost as Coinbase Expands Futures

Coinbase's move into 24/7 altcoin trading could revolutionize US crypto engagement, attracting new investors and reshaping the global trading landscape for XRP and Solana. Exciting times ahead! 

Coinbase Derivatives recently became the first CFTC-regulated US exchange to offer 24-hour trading for Bitcoin and Ethereum futures. Crypto Traders in the United States can now buy and sell Bitcoin and Ethereum futures at any time. This will help to close the difference between typical US hours and markets around the world.

Company is now preparing to start 24/7 trade for XRP and Sol crypto trading on June 13. Derivatives currently account for over 75% of global cryptocurrency trade.  This move will help organisation to gain a larger stake.

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“The arrival of 24/7 CFTC-regulated markets is a game-changer for the industry,” said Andy Sears, CEO of Coinbase Financial Markets, in a statement.

In early March the company Derivatives’ launched 24/7 trading for Bitcoin and Ethereum trading, which made the entity the first CFTC-regulated derivatives exchange to offer round-the-clock access to crypto trade contracts in the US. While Bitcoin and Ethereum remain the foundation of Coinbase's derivatives, substantial early demand indicates that traders are also interested in altcoin. 

How This New Move can Change Crypto Trading Experience  

24/7 Trading Access: Starting June 13, U.S.traders can trade XRP and SOL  anytime, just like other cryptocurrency markets. 

Regulatory Milestone: This is an important step for offering safe and ongoing trading of altcoin futures in the U.S., making it easier for people to trade. 

Market Demand:  This will boost the market up over 75% of crypto trading worldwide. It wants to get more of this market by adding more trading options. 

Product Expansion: Company now offers futures contracts for BTC, ETH, SOL, XRP, ADA, and HBAR, and they plan to add more types of futures soon.

More the Time-More the Traders

This shift can lead to an increase in the purchase and sale of these assets, which can strengthen their position in the Cryptocurrency market. More traders will show interest on the platform resulting in gaining more trader traffic acquisition.Once XRP and Sol shares are made available for trading on the platform on June 13, users who want to have access to the market all day can register.    

The move to provide XRP and Solana futures trading around-the-clock demonstrates its dedication to providing extensive and regulated trading options that satisfy the growing demands of the cryptocurrency market.  These steps are essential to the future of trading digital assets since more customers want to trade whenever they want.