Coinbase Bitcoin Derivatives Product Set to Go Live – crypto.news - BitcoinEthereumNews.com
Bitcoin क्रिप्टोकॉइनबेस बिटकॉइन डेरिवेटिव्स उत्पाद लाइव होने के लिए सेट - क्रिप्टो.न्यूज06 / 25 / 2022बिटकॉइन एथेरियम समाचार Coinbase cryptocurrency exchange has anounced that its bitcoin derivatives product will be available on June 27, 2022, via its derivatives exchange. Dubbed Nano Bitcoin futures contract (BIT), each contract is sized at 1/100th of a bitcoin (BTC), making it capital-efficient for retail traders, according to a blog post on June 24, 2022. Coinbase Unveils Nano Bitcoin Futures Product Just days after revealing that its crypto trading platform for professional traders, Coinbase Pro will be decommissioned later this year, with all its advanced trading features integrated into one unified Coinbase account, Coinbase crypto exchange is set to roll out a new bitcoin derivatives product designed to foster accessibility. According to a blog post by the 10-year-old crypto exchange, come Jun 27, 2022, a new bitcoin derivatives product named nano bitcoin futures contract (BIT) will go live on the Coinbase Derivatives Exchange (formerly FairX). It will be recalled that Coinbase acquired FairX, a United States-based designated contract market (DCM) regulated by the Commodity Futures Trading Commission (CFTC) earlier in January 2022, a move that essentially laid the foundation for the rollout of a bitcoin futures contract by Coinbase. “The development