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Cryptocurrency News Articles

Coinbase Derivatives Integrates Futures on Traditional and Crypto Assets, Including Stellar, Promoting Strategic Diversification for Traders

Nov 01, 2024 at 05:11 pm

Coinbase Derivatives, one of the main players in the crypto market, has announced the introduction of new futures for silver (SLR) and Stellar (XLM).

Coinbase Derivatives Integrates Futures on Traditional and Crypto Assets, Including Stellar, Promoting Strategic Diversification for Traders

Coinbase Derivatives, a major player in the cryptocurrency market, has announced the introduction of new futures on silver (SLR) and Stellar (XLM), in a move aimed at further diversifying the regulated trading options offered to its users.

From the next November 11, retail traders will have the opportunity to add futures on silver and Stellar to their portfolios, which already include futures on BTC, ETH, BCH, LTC, DOGE, SHIB, AVAX, DOT, LINK, gold, and oil.

Coinbase Derivatives is focused on redefining the experience of traders in the derivatives market, providing innovative and accessible trading options for all levels of participation.

The new contracts on silver and Stellar are designed to expand the range of products regulated by the CFTC, the Commodity Futures Trading Commission of the United States, with a specific focus on retail traders.

The introduction of silver and Stellar futures presents a unique opportunity for traders to diversify their portfolios and manage risk more effectively.

Silver has always been considered a safe haven asset, and it represents a strategic resource that can offer protection against inflation and market fluctuations.

Together with gold, it is in fact one of the precious metals most appreciated by investors who seek a hedge during periods of financial volatility.

The inclusion of Stellar (XLM), on the other hand, introduces a different dynamic, linked to the sector of digital cross-border payments.

Stellar is known for its efficiency and speed in low-cost global transactions, a factor that has made it one of the key players in the criptovalute landscape.

For traders, this new offer of futures on Stellar represents an opportunity to explore an additional investment option within the crypto universe.

Futures tailored for the retail marketCoinbase Derivatives has also chosen to make these new contracts accessible to retail traders, defining “retail-size” lots that reduce the barrier to entry for anyone who wants to operate in these markets.

The contracts for silver will be for 50 troy ounces, while those on Stellar will be for 5,000 XLM tokens.

This approach facilitates the participation of traders of all levels, ensuring that even those who do not have large capital can access the futures market on silver and cryptocurrencies.

The offer of smaller contracts allows traders to experiment with diversified positions, thus favoring a more flexible risk management, suitable for the needs of each participant.

The possibility of accessing a diversified market also allows traders to develop customized strategies for each asset, whether it is precious metals or emerging cryptocurrencies.

Coinbase Derivatives aims to create a comprehensive and diverse trading environment, capable of integrating traditional assets like silver and innovative digital assets like Stellar.

The combination of these two types of assets allows participants to explore new options for risk management and for diversifying their portfolio.

In this way, the users of Coinbase Derivatives can find trading options tailored to their specific needs and increase the flexibility of their strategies.

The design of silver and Stellar futures contracts has been conceived to facilitate effective price discovery, that is, by providing traders with the necessary tools to confidently face market fluctuations.

Whether it is about covering existing positions or exploring new investment opportunities, these new contracts offer solutions that can adapt to different market situations and the preferences of traders.

A vision of growth and innovationThe integration of these new tools by Coinbase Derivatives represents an important step towards continuous growth in the bull and bear derivatives market.

Offering traders access to a full range of assets, from precious metals to cryptocurrencies, reflects the company’s commitment to meeting the needs of an increasingly diverse user base.

The regulated platform also ensures users a high level of security, in a context where transparency and protection are fundamental for those operating in the financial markets.

News source:en.cryptonomist.ch

Disclaimer:info@kdj.com

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