Coinbase衍生品已引入XRP期货合约

如果您正在关注加密货币市场的发展，您可能会注意到，Coinbase衍生产品已将XRP期货合约引入其美国衍生品交易所。

Coinbase Derivatives has begun offering futures contracts on XRP in its US derivatives exchange, according to a report by CC.

根据CC的一份报告，Coinbase衍生品已开始在其美国衍生工具交换中提供XRP的期货合约。

Coinbase’s move expands on the existing futures trading options available to investors and traders. It also follows a trend of regulated platforms providing new ways to engage with digital assets like XRP.

Coinbase的举动扩展了投资者和交易者可用的现有期货交易方案。它还遵循了一个受监管平台的趋势，该平台提供了与XRP这样的数字资产互动的新方法。

But what exactly are XRP futures, and how can you get involved?

但是XRP期货到底是什么，您如何参与？

What are XRP futures?

什么是XRP期货？

XRP futures are standardized financial contracts that permit you to agree to buy or sell XRP at a predetermined price on a specific future date.

XRP期货是标准化的财务合同，可让您同意在特定的未来日期以预定价格购买或出售XRP。

Instead of trading the actual token, you’ll be trading a contract that tracks the price of XRP.

与其交易实际令牌，您将交易跟踪XRP价格的合同。

These contracts are structured and overseen by the US Commodity Futures Trading Commission (CFTC), adding a level of oversight and organization that appeals to many investors.

这些合同是由美国商品期货交易委员会（CFTC）结构和监督的，增加了对许多投资者的监督和组织的水平。

On April 3, Coinbase Derivatives filed with the CFTC to self-certify XRP futures contracts, and the contracts were launched on April 21.

4月3日，Coinbase衍生工具向CFTC提交了自我认证XRP期货合约，并于4月21日启动了合同。

Types of XRP futures contracts offered by Coinbase

Coinbase提供的XRP期货合约的类型

Coinbase’s offering includes Nano XRP futures, which represent 500 XRP per contract and are cash-settled in US dollars. These are designed for retail traders and smaller institutions, offering lower capital requirements while still providing exposure to XRP price movements.

Coinbase的产品包括Nano XRP期货，该期货代表每份合同500 XRP，并以美元现金分配。这些是为零售商人和较小的机构设计的，提供了较低的资本需求，同时仍提供XRP价格变动。

Standard XRP futures, on the other hand, cover 10,000 XRP per contract, are also settled in USD, and are aimed at larger institutions and active traders.

另一方面，标准的XRP期货覆盖了每份合同10,000 XRP，也定为美元，并针对较大的机构和活跃的商人。

This variety allows you to choose a position size that matches your risk tolerance and investment strategy.

这种品种使您可以选择与风险承受能力和投资策略相匹配的位置大小。

Both Nano and Standard XRP futures are instruments that let you trade based on the price of XRP—but you don’t actually own or receive any XRP. You’re trading contracts that track XRP’s price.

Nano和Standard XRP期货都是可让您根据XRP的价格进行交易的工具，但实际上您实际上并没有拥有或接收任何XRP。您正在交易跟踪XRP价格的合同。

And, when the contract closes, the difference between your entry and exit price is calculated (profit or loss) and settled in USD—hence the term “cash-settled.”

而且，当合同截止时，您的入境和退出价格之间的差额（损益或损失）并以美元和解，因此“现金分配”一词。

Both types of futures are available on Coinbase’s derivatives exchange, which offers more than 20 futures contracts on assets such as Bitcoin (BTC), Ether (ETH), Dogecoin (DOGE), Solana (SOL), Chainlink (LINK) and Stellar (XLM).

两种期货都可以在Coinbase的衍生品交易所可用，该交易所提供了20多个期货合同，例如比特币（BTC），Ether（Eth），Dogecoin（Doge），Solana（Sol），Chainlink（link）和Stellar（XLM）。

Why choose XRP futures contracts over buying XRP?

为什么选择XRP期货合约而不是购买XRP？

You might be wondering why someone would choose futures over simply buying XRP on the spot market.

您可能想知道为什么有人会选择期货，而不是仅在现货市场上购买XRP。

Here are a few reasons:

以下几个原因：

* Leverage: Futures often allow you to control a large position with a relatively small amount of capital. While this can amplify gains, it also increases potential losses.

*杠杆：期货通常使您可以用相对较少的资本来控制一个大职位。尽管这可以扩大收益，但也增加了潜在的损失。

* Hedging: If you already hold XRP and expect short-term volatility, futures can be used to protect your portfolio.

*对冲：如果您已经持有XRP并期望短期波动率，则可以使用期货来保护您的投资组合。

* Speculation: Futures allow you to take both long (bullish) and short (bearish) positions, so you can potentially benefit from market moves in either direction.

*猜测：期货使您可以同时占据很长的（看涨）和短（看跌）职位，因此您可以从任何一个方向上的市场转移中受益。

* No wallet or storage needs: Buying XRP requires a secure wallet and managing private keys, which carries risks like hacking or loss. Futures contracts are financial instruments traded on exchanges, eliminating the need for direct XRP custody.

*没有钱包或存储需求：购买XRP需要一个安全的钱包和管理私钥，该钥匙带有黑客或损失等风险。期货合约是交易所交易的金融工具，消除了直接XRP监护的需求。

* Liquidity and accessibility: Futures markets often have high liquidity, making it easier to enter and exit positions. Some exchanges offer XRP futures with lower barriers than buying XRP on certain crypto platforms, especially in regions with regulatory restrictions.

*流动性和可及性：期货市场通常具有很高的流动性，从而更容易进入和退出职位。某些交易所提供的XRP期货与在某些加密平台上购买XRP相比，尤其是在有监管限制的地区。

* Cash settlement: Many XRP futures are cash-settled, meaning you settle profits or losses in fiat or stablecoins without handling XRP itself, simplifying the process for traders avoiding crypto custody.

*现金和解：许多XRP期货都是现金分配的，这意味着您在不处理XRP本身的情况下解决了菲亚特或稳定的损失，从而简化了避免加密货币的交易者的过程。

When to choose futures contracts:

何时选择期货合约：

* You want to trade XRP price movements with leverage or flexibility to go long or short.

*您想以杠杆或灵活性来交易XRP价格变动，以使其长或短。

* You prefer not to deal with crypto wallets or custody.

*您不想处理加密钱包或监护权。

* You’re hedging an existing XRP position or portfolio.

*您正在对冲现有的XRP位置或投资组合。

* You’re comfortable with the risks and complexities of derivatives.

*您对衍生物的风险和复杂性感到满意。

When to buy XRP:

什么时候购买XRP：

* You believe in XRP’s long-term value and want to hold it as an investment.

*您相信XRP的长期价值，并希望将其视为一项投资。

* You plan to use XRP for transactions or in its ecosystem (e.g., Ripple’s payment network).

*您计划将XRP用于交易或其生态系统（例如Ripple的支付网络）。

* You want to avoid the risks of leverage and futures margin calls.

*您想避免杠杆和期货保证金的风险。

Ultimately, futures suit active traders or those seeking leveraged exposure, while buying XRP could be ideal for long-term holders or users of the asset. You must always assess your risk tolerance and goals before deciding whether to invest in XRP or XRP futures.

最终，期货适合活跃的交易者或寻求杠杆风险的人，而购买XRP可能是资产的长期持有人或用户的理想选择。在决定是否投资XRP还是XRP期货之前，您必须始终评估自己的风险承受能力和目标。

Where to invest in XRP futures

在哪里投资XRP期货

If you’re looking to invest in XRP futures, several platforms offer access depending on your location and trading needs.

如果您想投资XRP期货，则几个平台可根据您的位置和交易需求提供访问权限。

Kraken Futures provides XRP futures with leverage. In Australia, access is limited to wholesale clients through Beaufort Fiduciaries Pty Ltd (AFSL no. 545124). In the United Kingdom, only clients classified as Professional Clients under Financial Conduct Authority rules can trade through Crypto Facilities Limited (FRN: 757895).

Kraken Futures为XRP期货提供了杠杆作用。在澳大利亚，访问仅限于通过Beaufort Fatuciaries Pty Ltd（AFSLNo。545124）的批发客户。在英国，只有根据金融行为管理局规则归类为专业客户的客户才能通过加密设施有限公司（FRN：757895）进行交易。

Binance offers XRPUSDT perpetual futures contracts, allowing users to trade XRP without an expiry date

Binance提供XRPUSDT永久期货合约，允许用户在没有到期日期的情况下交易XRP