Derivatives Coinbase is expanding its range with new nano-tailing term contracts for Solana and XRP. Presented for the launch on August 18, these perpetual American -style contracts are designed to offer retail traders easier and lower access to the main cryptography assets, which facilitates access to American traders and exchanging crypto with less capital.
The new launch takes care of Coinbase’s goal of giving more people access to cryptographic markets via simple and regulated products.
What to expect from the new nano future
Nano xrp perpetual future
The Nano XRP Perp Futures is a 5 -year contract and liquidity that closely follows the cash price of XRP using a funding rate to adjust the open positions, and each contract covers 500 XRP. The new contracts are listed each month and will expire in December 2030, with regulations in US dollars. Each trader can contain up to 700,000 contracts.
Nano Solana Perpetual Futures
Like the XRP version, Nano Solana Perm Futures of Derivative Coinbase is also a 5 -year contract and cash designed to follow the price in ground cash using a funding rate system. This adjusts open positions with credits or regular cash flows, maintaining prices in accordance with the market.
Each Nano Sol Futures contract represents 5 Solana tokens and offers a simple and profitable means of negotiating, hiding, using a margin or speculating on the solara price. The contracts are listed monthly and expire in December 2030, with a position limit of 340,000 contracts.
The two products are designed to provide merchants with a simple and profitable way to cover, speculate or use a margin in two of the most negotiated altcoins on the market.
Coinbase expands its regulated term offer
This launch follows the previous decision of Coinbase to offer term contracts regulated by CFTC for American merchants, starting with Nano Bitcoin and Ether with a lever effect up to 10x. In May, he added Sol, XRP and Cardano to his regulated 24/7 regulated platform, widening his crypto offers.
Gemini widens the guarantee options
Most recently, Gemini has deployed the support of more token in warranty on its derived platform. Users can now use BCH, DOGE, SHIB, SOL and XRP, alongside BTC, ETH, USDT and GUSD, to support their perpetual contracts.
Even if all the perpetual contracts are set in the Dollar Gemini (GUSD), the new transformation functionality means that you can hold and use a greater variety of tokens to meet the margin requirements.
