Coinbase Will List Binance Coin (BNB) Perpetual Futures on April 3

This listing has sparked discussions about its potential impact on BNB's price amid growing market volatility.

American crypto trading giant Coinbase Global Inc (NASDAQ:COIN) will be listing Binance Coin (BNB) perpetual futures on April 3.

The listing on the U.S. exchange has sparked discussion about its potential impact on BNB’s price amid increased market volatility.

Coinbase International Exchange and Coinbase Advanced will offer buy and sell contracts for BNB perpetual futures next week. The BNB-PERP market will open on or after 9:30 AM UTC on April 3.

This move expands Coinbase’s derivatives offering and positions it in competition with Binance, which already provides futures trading.

Coinbase Advanced is adding support for $BNB perpetual futures.

The opening of the BNB-PERP market will begin on or after 9:30 am UTC 3 April 2025.https://tcoinbase.net/447q8W8QxJ

The perpetual futures offering will enable traders to bet on price movements without needing to hold the underlying asset, allowing them to profit from both rising and falling prices. However, trading futures carries risks, especially when leverage is involved.

The associated leverage allows traders to open larger positions using borrowed funds, amplifying potential gains and losses.

For BNB's community, the listing on Coinbase will increase the token's accessibility and could attract more investors to the project. Throughout history, major exchange listings have often led to higher trading volumes and, in some cases, price increases.

However, the actual impact on BNB’s price remains uncertain as it depends on broader market conditions and investor sentiment.

Will the Listing Lead to a BNB Breakout or More Volatility?

Some traders believe that the increased exposure from a Coinbase listing could push BNB’s price higher.

More trading activity, especially from a major competitor, may lead to higher liquidity, creating upward price momentum.

However, others warn that perpetual futures could bring heightened volatility, especially if traders take excessive leverage.

Changpeng Zhao, the founder of Binance, responded to the news by suggesting that BNB’s growth happens naturally, not because of exchange listings.

"No one applied for this. Focus on building. Listing comes naturally. #BNB"

His comment sparked discussion within the crypto community about how listings are decided and whether certain tokens receive special treatment.

At press time, CoinMarketCap data shows that BNB’s price is $630.39, up nearly 1% in the last 24 hours. BTC price has remained largely stagnant despite recent news and updates, while other coins are reacting differently.

It will be interesting to see how BNB reacts as the April 3 launch day approaches. Some traders believe it could rally, while others are concerned about a "rug pull" if traders decide to close out their positions quickly. Ultimately, the outcome will depend on trading volumes, market conditions, and any other updates impacting the ecosystem.