In a statement made by Coinbase, it was noted that this new product reflects the structure of global perpetual markets but is designed to be fully compliant with US regulatory standards. The company stated, "Global perpetual transactions account for up to 90% of crypto trading volume according to some reports. Therefore, offering these products to US investors in a regulated environment is a significant step for us."
What Products Will Be Offered in the First Phase?
Initially, two different contracts will be launched:
Nano Bitcoin (0.01 BTC)
Nano Ether (0.10 ETH)
These contracts will have a five-year term and can be traded 24 hours a day, seven days a week. To stay in line with spot market prices, there will be a funding rate mechanism in place for the contracts. Funding transactions will be calculated hourly and collected during cash adjustment periods conducted twice a day.
A Safe Alternative for US Investors
Coinbase emphasized that this step will especially address fundamental problems such as regulatory gaps, custody issues, and counterparty risk that US investors face when trading on offshore exchanges. New products will provide investors with access to perpetual-style transactions in a more secure and transparent manner in a regulated environment.
Additionally, Coinbase stated that the flexible position sizes and high capital efficiency of the said futures will make participation in the crypto market more accessible. Details of access to the products are expected to be shared close to the launch date.
The company's statement included the following expressions:
"We are very proud to offer perpetual-style futures in the US market. This launch will be a significant milestone in terms of access, efficiency, and innovation in the regulated crypto derivatives product space."
PLEASE READ CAREFULLY FOR A $10 GIFT TO 170 PEOPLE.
Friends who have not yet activated the futures section will earn $10 when they activate the futures section by entering my referral code 88623008. The first 170 people will benefit from this reward.
I AM EXPLAINING IN DETAIL.
My brothers who registered with Binance without a referral, please listen carefully;
When you do what I say in order, you will earn 10 USDT.
Enter the Futures section from your application,
On the next screen, enter the REFERRAL CODE section and enter the code 88623008 to open your account,
Those who want to receive a 10 USDT reward by completing this transaction by April 10 can do so. After that, it will be sufficient for you to have a trading volume of $30 after activating your account. However, even if you do this transaction after April 10, your reward will not come. Therefore, I suggest you handle it within 5 seconds.
THE SYSTEM WORKS ON A FIRST-COME, FIRST-SERVED BASIS. THEREFORE, DO NOT BE LATE TO RECEIVE YOUR GIFT. IT IS LIMITED TO 170 PEOPLE.
PLEASE READ CAREFULLY FOR A $3,300 GIFT.
Friends, as publishers, you know we do everything we can for you. We communicate the services and opportunities provided to us by our authorities to you. I have never withheld my support from both the cryptocurrency market and you; on the contrary, I strive to provide more support.
Now I will explain how to claim your gift. First, those of you who have not opened a futures account need to activate this account with a short transaction. I will explain how to activate it in detail and simply.
So who can benefit?
Friends who have not activated the Futures section yet can activate it by entering my referral code 88623008 when opening the FUTURES section. It is an easy process. I have shown where it is below.
