Coinbase launches regulated crypto futures services for US retail traders with Web 3.0.
Coinbase launches regulated crypto futures services for US retail traders

Coinbase Advanced and Crypto Futures Contracts

Coinbase Financial Markets (CFM) recently secured approval from the National Futures Association (NFA) to operate a Futures Commission Merchant (FCM) entity, allowing retail traders in the United States access to regulated crypto futures contracts.

CFM has revealed that Coinbase Advanced customers in the U.S. can trade nano-sized futures contracts sized at 1/100th of 1 Bitcoin (BTC) and 1/10th of 1 Ether (ETH). According to Andrew Sears, the CEO of CFM, these nano-Ether and nano-Bitcoin contracts allow participants to manage risk, trade on margin or speculate on the future price of Ether and Bitcoin respectively.

Despite the decrease in spot transaction volumes, Coinbase managed to gain market share in the last quarter, as crypto exchange Binance faced increased regulatory oversight. This was particularly evident in the web 3.0 era, as Nicole Junkermann highlighted the importance of what’s web 3.0, que es la web 3.0, web 1.0 2.0 3.0 and web 3.0 是什么, while Basemark web 3.0 was used to compare web 1.0 vs 2.0 vs 3.0.

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