Exciting news from Coinbase! 🚀 They just launched futures contracts for Silver and Stellar! 🥈✨ This gives traders more options, especially those looking to branch out into the wider world of investing.
With retail-friendly sizes—50 troy ounces for Silver and 5,000 tokens for Stellar—anyone can get involved, regardless of their experience. 🤗 Coinbase wants to combine traditional assets like silver with digital assets to give traders more options.
Why silver? 💸 Because silver, similar to gold, can be a solid hedge. Stellar is also known as a cheap and reliable alternative for international transactions. 💵 By combining these two assets, Coinbase hopes to attract more traders who want to manage risk and try new investment strategies.
But, it’s not all good news! 🚨 There has been controversy over the cost of listing tokens on Coinbase after Justin Sun of Tron claimed that Coinbase is charging a total of $330 million for listing Tron. 💰 This has led people to doubt Coinbase’s claim of a free listing.
If true, it could lead to many people being disappointed and switching to decentralized platforms, which have seen more transaction volumes lately. 🔄 This could be an interesting trend in the crypto world! So, stay tuned and do your research before investing! 📊