Coinbase 為機構交易者列出 Worldcoin 和 Ordinals 永續期貨

Coinbase國際交易所宣布將於4月11日上線Worldcoin (WLD-PERP)和Ordinals (ORDI-PERP)永續期貨產品。這些永續期貨是一種沒有到期日的衍生性合約，使交易者能夠無限期地持有頭寸。 Coinbase International Exchange 為機構客戶提供服務，提供一系列永續期貨和現貨市場。

Coinbase International Exchange to List Worldcoin and Ordinals Perpetual Futures

Coinbase 國際交易所將上線 Worldcoin 和 Ordinals 永續期貨

Coinbase International Exchange, a leading cryptocurrency trading platform, has announced the upcoming listing of Worldcoin (WLD) and Ordinals (ORDI) perpetual futures products, scheduled for April 11, 2023. These perpetual futures, also known as perpetual swaps, are derivative contracts that offer unique advantages for traders.

領先的加密貨幣交易平台Coinbase 國際交易所宣布即將於2023 年4 月11 日上市Worldcoin (WLD) 和Ordinals (ORDI) 永續期貨產品。這些永續期貨，也稱為永續掉期，是衍生性商品合約，為交易者提供獨特的優勢。

Understanding Perpetual Futures Contracts

了解永續期貨合約

Perpetual futures are a type of financial instrument that allows traders to speculate on the future price of an underlying asset, such as a cryptocurrency. Unlike traditional futures contracts, which have a fixed expiration date, perpetual futures do not expire and can be held indefinitely. This characteristic provides traders with flexibility and allows them to maintain their positions for extended periods.

永續期貨是一種金融工具，允許交易者推測基礎資產（例如加密貨幣）的未來價格。與固定到期日的傳統期貨合約不同，永續期貨不會到期，可以無限期持有。這一特性為交易者提供了靈活性，並允許他們長期維持頭寸。

Perpetual futures contracts are settled periodically based on the spot price of the underlying asset. Funding payments are used to ensure that the futures price remains aligned with the spot price. Traders use perpetual futures for various purposes, including speculation, hedging, and arbitrage. However, it is crucial to note that trading perpetual futures involves substantial risks, including potential losses due to price volatility and the risk of liquidation if margin requirements are not met.

永續期貨合約根據標的資產的現貨價格定期結算。資金支付用於確保期貨價格與現貨價格一致。交易者將永續期貨用於各種目的，包括投機、對沖和套利。然而，值得注意的是，交易永續期貨涉及重大風險，包括價格波動造成的潛在損失以及不滿足保證金要求時的清算風險。

Worldcoin: The Privacy-Preserving Network

世界幣：隱私保護網絡

Worldcoin is a project launched in 2019 with the mission of creating a global human identity network that respects privacy. The native token of the Worldcoin ecosystem, WLD, serves as a utility token with governance properties, allowing users to participate in decision-making processes.

世界幣是一個於 2019 年推出的項目，其使命是創建一個尊重隱私的全球人類身分網絡。世界幣生態系統的原生代幣 WLD 作為具有治理屬性的實用代幣，允許用戶參與決策過程。

Ordinals: Bringing NFTs to Bitcoin

Ordinals：將 NFT 引入比特幣

Ordinals is a project that enables users to inscribe data, such as images and text, into Bitcoin transactions, creating non-fungible tokens (NFTs) on the Bitcoin blockchain. The ORDI token is the native cryptocurrency of the Ordinals network and has been distributed through an airdrop, indicating a distribution strategy that aims to reach a broad user base.

Ordinals 是一個項目，使用戶能夠將圖像和文字等資料寫入比特幣交易中，從而在比特幣區塊鏈上創建不可替代的代幣（NFT）。 ORDI代幣是Ordinals網路的原生加密貨幣，透過空投方式分發，顯示了旨在覆蓋廣泛用戶群的分發策略。

Coinbase's Expansion of Futures Offerings

Coinbase 擴大期貨產品

The listing of Worldcoin and Ordinals perpetual futures on Coinbase International Exchange marks a significant expansion of the exchange's futures offerings. This expansion provides institutional clients with access to a broader range of financial instruments, enabling them to engage in diverse trading strategies.

Worldcoin 和 Ordinals 永續期貨在 Coinbase 國際交易所上市標誌著該交易所期貨產品的大幅擴展。這種擴張為機構客戶提供了更廣泛的金融工具，使他們能夠採取多樣化的交易策略。

Benefits of Trading Perpetual Futures

交易永續合約的好處

Perpetual futures can offer several benefits to traders, including:

永續期貨可以為交易者帶來多種好處，包括：

• Flexibility: Perpetual futures contracts do not have an expiration date, allowing traders to hold their positions indefinitely.
• Versatility: Perpetual futures can be used for various trading strategies, such as speculation, hedging, and arbitrage.
• Leverage: Traders can use leverage to amplify their potential returns, although it also magnifies potential losses.

Risks of Trading Perpetual Futures

彈性：永續期貨合約沒有到期日，允許交易者無限期地持有部位。多功能性：永續期貨可以用於各種交易策略，如投機、對沖、套利等。槓桿：交易者可以利用槓桿來放大自己的部位。潛在回報，儘管它也放大了潛在損失。交易永續合約的風險

It is paramount for traders to be aware of the risks associated with trading perpetual futures, including:

對於交易者來說，了解與交易永續期貨相關的風險至關重要，包括：

• Volatility: The cryptocurrency market is known for its high volatility, which can result in significant price fluctuations.
• Liquidation: Traders who do not maintain sufficient margin levels risk having their positions liquidated, resulting in substantial losses.
• Regulatory Uncertainty: The regulatory landscape for cryptocurrency trading is evolving, and changes in regulations could impact the trading of perpetual futures.

Conclusion

波動性：加密貨幣市場以其高波動性而聞名，這可能會導致價格大幅波動。清算：沒有維持足夠保證金水平的交易者可能面臨頭寸被清算的風險，從而導致重大損失。監管不確定性：加密貨幣交易的監管環境正在不斷發展，法規的變化可能會影響永續期貨的交易。結論

The listing of Worldcoin and Ordinals perpetual futures on Coinbase International Exchange is a noteworthy development for the cryptocurrency market. These perpetual futures provide traders with additional options for speculating on the future price of these digital assets. However, traders should exercise caution and fully understand the risks involved before engaging in perpetual futures trading.

Worldcoin 和 Ordinals 永續期貨在 Coinbase 國際交易所上市對於加密貨幣市場來說是一個值得注意的發展。這些永續期貨為交易者提供了推測這些數位資產未來價格的額外選擇。但交易者在參與永續合約交易前應謹慎行事，並充分了解所涉及的風險。