Coinbase Gets Green Light for Global Crypto Perps Trading in US
Coinbase just scored a massive win, becoming the first US exchange cleared to offer offshore perpetual futures to American traders. This opens the floodgates for high-risk, high-reward leveraged trading previously locked behind international borders.
The CFTC has given Coinbase the nod to offer global crypto perpetual futures to its US clientele. This is a seismic shift, bringing a notoriously volatile and leveraged product directly to American shores via a regulated exchange. Expect a surge in speculative activity as traders gain access to instruments previously confined to offshore platforms.