Cryptocurrency Q&A
When will Coinbase launch cash-settled futures contracts for Dogecoin & Litecoin (BCH)?
When will Coinbase launch cash-settled futures contracts for Dogecoin & Litecoin (BCH)?
Giulia
Mon Jul 08 2024
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6 answers
2011
As a keen observer of the cryptocurrency market, I'm curious to know when Coinbase, a leading cryptocurrency exchange, plans to introduce cash-settled futures contracts for Dogecoin and Litecoin. These derivative products have the potential to increase market liquidity and provide investors with more hedging tools. Given the growing popularity of these two cryptocurrencies, the introduction of such contracts could significantly impact their price movements. So, when can we expect Coinbase to make this exciting addition to its offering? Will there be any specific requirements for traders to participate in these futures contracts? I eagerly await the company's response.
6 answers
Andrea
Wed Jul 10 2024
The proposed launch date for these products is set for April 1, indicating a rapid timeline for the introduction of these derivatives offerings.
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ShintoSanctuary
Wed Jul 10 2024
Coinbase Derivatives, in a series of three letters addressed to the United States Commodity Futures Trading Commission (CFTC) on March 7, outlined its intentions to introduce cash-settled futures contract products.
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Valentina
Wed Jul 10 2024
Specifically, the announcement detailed plans to offer futures contracts for Dogecoin, Litecoin (LTC), and Bitcoin Cash (BCH).
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EnchantedSky
Tue Jul 09 2024
The move represents a significant expansion in the cryptocurrency derivatives market, which has seen a surge in popularity in recent years.
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KatanaSharp
Tue Jul 09 2024
Dogecoin, Litecoin, and Bitcoin Cash are all well-known cryptocurrencies, each with a distinct market position and user base.
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