Bitcoin

Coinbase to Rival Binance With BNB Perpetual Futures

Coinbase International Exchange and Coinbase Advanced will present the support of BNB Perpetual Futures from next week.

This development marks an important expansion of the derived offers from Coinbase. The BNB-Perp market will be launched at 9:30 a.m. UTC on April 3, 2025.

Coinbase will support BNB perpetual contracts

In an official declaration, Coinbase International Exchange confirmed this decision and revealed its intention to add support to BNB Perpetual Futures from next week.

“We will add support to the perpetual future of BNB on Coinbase International Exchange and Advanced Coinbase.

Coinbase Traders, the official negotiation account advanced on the platform, echoed the announcement in an article on X (Twitter). The introduction of a perpetual BNB future on international platforms in Coinbase presents new opportunities for merchants.

For Coinbase users, this means access to perpetual term contracts, a type of derivative that has no expiration date. It allows traders to hold positions indefinitely. The feature will be available on Coinbase International Exchange, addressing non -American users, and Advanced Coinbase, which is suitable for experienced merchants.

This decision strengthens the Coinbase derivative market and positions the exchange as a competitor of Binance, which already supports BNB term contracts. The expansion of its term offers allows Coinbase to attract more traders looking for diversified investment opportunities.

For BNB users, registration on a large world exchange like International Coinbase extends the scope of the market and negotiation opportunities. This increased exposure could influence the market value of BNB due to increased demand and the volume of trading.

Changpeng Zhao’s reaction arouses criticism

For BNB, the list of a leading exchange like Coinbase improves its accessibility and credibility. This increased availability could stimulate adoption, although traders should remain cautious about the speculative price movements and volatility surrounding the launch. The founder of Binance, Changpeng Zhao (CZ), commented development.

“No one asked for this. Focus on construction. The list comes naturally. BNB,” said CZ.

His remark suggests the strength of the binance ecosystem, rather than direct registration applications, stimulates the growth and adoption of BNB.

The feeling of the market remains mixed, some traders expressing optimism about the future of BNB. Meanwhile, others have the “natural list” of perpetual BNB Coinbase future, questioning the transparency and equity of the selection process.

“The inscription comes naturally? The doors that open naturally are often already open for some and locked for others. If there is no application, which decides who obtains” naturally “the lists? True decentralization does not concern not hitting – it is a question of removing the goalkeeper,” said a user.

This criticism is aligned with the wider blockchain’s broader debates on real decentralization, which should reduce disparities in confidence and control, and not create new guards.

Nevertheless, with a perpetual future, the leverage opportunities become a key factor. BNB traders on Coinbase can control more important positions with less capital. In particular, although the lever effect can amplify potential gains, it also increases the risk of significant losses.

BNB price performance
BNB price performance. Source: Beincrypto

Meanwhile, Beincryptto data show that BNB was negotiated at $ 628.40 at the time of writing this article, down almost 2% in the last 24 hours. The list should also increase the liquidity and volatility of the BNB, in particular around the launch date.

Non-liability clause

In membership of the Trust project guidelines, Beincrypto has embarked on transparent impartial reports. This press article aims to provide precise and timely information. However, readers are invited to check the facts independently and consult a professional before making decisions according to this content. Please note that our terms and conditions, our privacy policy and our non-responsibility clauses have been updated.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button