Coinbase Launches Perpetual Futures Contracts for DOT, ICP, and NEAR Trading
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Coinbase, a major player in the digital currency exchange sector, is set to introduce a new trio of perpetual futures contracts targeting key cryptocurrencies: Polkadot (DOT), Internet Computer (ICP), and NEAR Protocol (NEAR).
The launch of these contracts marks a significant step forward for cryptocurrency market by allowing traders to bet on the future values of these digital assets without an expiration date binding them.
Revealing these new markets, DOT-PERP, ICP-PERP, and NEAR-PERP, exemplifies how Coinbase aims to enhance its variety of trading options and address the growing demands of the cryptocurrency community.
This move seeks to not only enrich the assortment of financial instruments traders have at their disposal but also to provide them with greater capabilities for risk mitigation and the potential to profit from the dynamics of cryptocurrency prices.
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