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Cryptocurrency News Articles
Coinbase Expands Futures Offerings with PENGU, Popcat, and Helium
Feb 07, 2025 at 02:44 am
Coinbase International Exchange confirmed the listing of perpetual futures for PENGU, Popcat, and Helium (HNT). The new markets, PENGU-PERP, POPCAT-PERP, and HNT-PERP, will become available to traders on or after 9:30 am UTC, February 13, 2025.
Coinbase, a leading cryptocurrency exchange, has announced plans to introduce perpetual futures contracts for three digital assets: PENGU, Popcat, and Helium (HNT). These new markets will launch on Coinbase International Exchange and Coinbase Advanced on February 13, 2025.
Coinbase International Exchange will list perpetual futures for PENGU, Popcat, and Helium (HNT). These new markets, PENGU-PERP, POPCAT-PERP, and HNT-PERP, will become available to traders on or after 9:30 am UTC, February 13, 2025, if liquidity conditions are met.
Coinbase Expands Futures Offerings with PENGU, Popcat, and Helium Futures
Coinbase, the top cryptocurrency exchange worldwide, has announced the addition of perpetual futures for PENGU, Popcat, and Helium (HNT) to its derivatives lineup. These new markets, set to launch on Coinbase International Exchange, will offer traders leveraged exposure to the three digital assets.
Coinbase International Exchange, a platform dedicated to advanced traders, will spearhead the launch of these new perpetual futures markets. The exchange will list PENGU-PERP, POPCAT-PERP, and HNT-PERP, subject to meeting the necessary liquidity conditions.
These perpetual contracts might help in deepening the liquidity and trading volume for the three tokens. In the past, exchange traded futures markets have enhanced trading participation by institutions and the public. These futures contracts are continuously financed, never expiring and permitting traders to maintain positions indefinitely.
The listing provides traders with leveraged exposure to the assets, offering opportunities for risk management.
These perpetual futures contracts will be available for trading with a minimum order size of 1 PENGU-PERP, 10 POPCAT-PERP, and 0.1 HNT-PERP. The maximum leverage permitted for these futures markets is 50x, subject to traders' risk tolerance and account standing.
Coinbase has been strategically expanding its product offerings to meet the evolving demands of the cryptocurrency market. The addition of PENGU, Popcat, and Helium futures is expected to broaden the exchange's product portfolio and cater to a wider range of traders.
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