PANews May 9 news, according to the official blog, cryptocurrency exchange Coinbase has announced that it is the first compliant platform approved by the CFTC to offer 24/7 Bitcoin and Ethereum futures trading, which officially launched on May 9. This innovation breaks the traditional trading time restrictions of the derivatives market, allowing investors to trade contracts at any time (including weekends). The announcement revealed that perpetual contract products are also being prepared, which will provide regulated perpetual contract services for U.S. retail investors for the first time.
The service is supported by clearing from Nodal Clear, with liquidity provided by market makers such as Virtu Financial, and distributed through brokerage channels like ABN AMRO and Wedbush Securities. Coinbase's Head of Financial Markets, Andy Sears, stated that this transformation enables investors to manage risk anytime through the Coinbase Advanced platform.
