Coinbase to offer futures such as virtual currency Polygon
Increase in stocks following last week
Over the weekend, major US cryptocurrency exchange Coinbase announced plans to offer new perpetual futures trading for Polygon (MATIC) and Bitcoin Cash (BCH).
@CoinbaseIntExch will add support for Polygon and Bitcoin Cash perpetual future contracts on Coinbase International Exchange & Coinbase Advanced. The opening of our MATIC-PERP and BCH-PERP markets will begin on or after 10am UTC on 7 December 2023. pic.twitter.com/3gmy6AcZCl
— Coinbase International Exchange (@CoinbaseIntExch) December 2, 2023
In addition to Bitcoin and Ethereum, Coinbase has been offering perpetual futures trading on Solana (SOL), Avalanche (AVAX), ADA, LINK, DOGE, and It is provided through Coinbase Advanced.
On the other hand, we recently delisted Polymath (POLY) and QuickSwap (QUICK) in spot trading.
connection: Coinbase announces second virtual currency stock delisting this week
Coinbase aims to expand its market share as rival Binance’s share in the U.S. and around the world declines. The stock price of Coinbase stock COIN rose +5.5% from the previous day.
connection: Coinbase CEO denies issuance of Base token, integration plans such as Solana etc.
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