Coinbase, the largest cryptocurrency exchange in the United States, announced it will be launching perpetual futures for three altcoins. The announcement was made via Twitter on August 15.
This move marks a significant step for Coinbase as it expands its offerings within the cryptocurrency market. Perpetual futures are a type of derivative that have no expiry date, allowing for continuous trading.
The exchange noted that one of the altcoins included in this launch is Cosmos (ATOM), although details on the other two altcoins were not provided in the announcement. This latest addition to Coinbase's offering is expected to attract more investors and traders to its platform.
The post first appeared on COINOTAG NEWS.