Coinbase在美國推出24/7比特幣和以太坊期貨交易

Coinbase Verivatives LLC確認的這一更改將使交易者隨時開放，管理和關閉期貨職位

Coinbase is set to make a major shift in how Bitcoin and Ethereum futures work in the United States by enabling 24/7 trading throughout the year.

Coinbase將通過全年啟用24/7的交易，對比特幣和以太坊期貨的運作方式進行重大轉變。

Coinbase Derivatives LLC, a subsidiary of the cryptocurrency exchange, has received no-action relief from the Commodity Futures Trading Commission (CFTC) to provide traders with the ability to open, manage, and close futures positions at any time.

加密貨幣交易所的子公司Coinbase Verivatives LLC已從商品期貨交易委員會（CFTC）中獲得了不履行的救濟，以使貿易商隨時開放，管理和關閉期貨職位。

This move brings crypto futures trading in the U.S. in line with how it operates in other parts of the world.

這一舉動使加密期貨在美國與世界其他地區的運作方式保持一致。

Coinbase’s Innovation in a Volatile Crypto Market

Coinbase在揮發性加密市場中的創新

Derivatives trading plays a vital role in the global crypto market, handling 75% of the total trading volume. However, the majority of this activity takes place outside the U.S., where markets remain open continuously.

衍生品交易在全球加密市場中起著至關重要的作用，佔總交易量的75％。但是，這項活動的大部分發生在美國以外的地區，那裡的市場保持不斷開放。

In contrast, U.S. traders have been limited to trading futures during the traditional market hours, preventing them from reacting swiftly to price swings in the volatile crypto market.

相比之下，美國貿易商在傳統的市場時間內僅限於交易期貨，從而阻止了他們迅速反應到揮發性加密市場的價格波動。

Coinbase’s decision to introduce non-stop futures trading is driven by demand from crypto-native U.S. clients who prefer unconstrained access to futures markets.

Coinbase介紹不間斷期貨交易的決定是由加密本地客戶的需求驅動的，這些客戶更喜歡對未來市場的不受限制訪問。

The exchange also aims to make regulated futures trading more transparent, competitive, and accessible to a wider range of traders.

該交易所還旨在使受監管的期貨交易更加透明，競爭力和更廣泛的交易者。

Currently, U.S. futures markets operate on a schedule that doesn’t fully match the 24/7 nature of crypto, which has led to inefficiencies, especially for traders managing exposure in a market that never sleeps.

目前，美國期貨市場的運作時間不完全匹配加密的24/7性質，這導致了效率低下，尤其是對於在從未睡過的市場管理曝光率的交易者來說。

Coinbase’s move to eliminate these limitations and provide U.S. traders with greater control over their positions at all times is a significant step in aligning U.S. futures trading with how global crypto markets already operate.

Coinbase的舉動消除這些限制，並始終為美國交易者提供對其頭寸的更大控制，這是使美國期貨交易與全球加密市場已經運作的重要一步。

It will also allow traders to access different contract sizes, catering to both retail and institutional traders.

它還將允許交易者獲得不同的合同規模，可滿足零售和機構交易者的需求。

The company’s goal is to make sure the product meets the CFTC’s requirements. Coinbase has been expanding its network of FCMs (Futures Commission Merchants) and institutional partners to support the upcoming product.

該公司的目標是確保產品滿足CFTC的要求。 Coinbase一直在擴展其FCMS（期貨委員會商人）和機構合作夥伴網絡，以支持即將推出的產品。

Crypto perpetual products are seemingly on the rise globally. As Cryptopolitan reported just a few hours ago, the Singapore Exchange (SGX) is also preparing to launch Bitcoin perpetual futures in the second half of 2025.

Crypto永久產品似乎在全球範圍內正在上升。正如幾個小時前的Cryptopolitan報導的那樣，新加坡交易所（SGX）也準備在2025年下半年推出比特幣永久期貨。

As for Coinbase, its CEO Brian Armstrong has become one of the closest crypto allies of the Trump administration right now. Brian donated millions to Trump’s campaign and inauguration and was also invited to the White House crypto summit last Friday where he sat very close to the president himself.

至於Coinbase，其首席執行官布萊恩·阿姆斯特朗（Brian Armstrong）目前已成為特朗普政府最接近的加密聯盟之一。布萊恩（Brian）向特朗普的競選活動和就職典禮捐贈了數百萬美元，並於上週五被邀請參加白宮加密峰會，在那裡他與總統本人非常接近。