Coinbase Futures Trading to List Three New Altcoins: Latest Crypto Update

• Coinbase International, the global futures platform of the largest cryptocurrency exchange in the US, has announced it will list altcoins JUP, TNSR, and JTO for futures trading.
• The exchange will add support for Jupiter (JUP), Tensor (TNSR), and Jito (JTO) perpetual futures on Coinbase International Exchange and Coinbase Advanced.
• The opening of JTO-PERP, JUP-PERP, and TNSR-PERP markets will commence on or after 9:30am UTC on 16 May 2024.

Coinbase International announces the listing of altcoins JUP, TNSR, and JTO for futures trading, marking a significant development in the crypto futures market.

Coinbase International to List JUP, TNSR, and JTO for Futures Trading

Coinbase International, the global futures platform of the leading US cryptocurrency exchange, Coinbase, has announced its plans to list altcoins Jupiter (JUP), Tensor (TNSR), and Jito (JTO) for futures trading. This move is a significant development in the crypto futures market, providing traders with more options and potentially increasing the liquidity and volatility of these altcoins.

Support for Perpetual Futures on Coinbase International Exchange and Coinbase Advanced

The exchange will add support for JUP, TNSR, and JTO perpetual futures on both Coinbase International Exchange and Coinbase Advanced. Perpetual futures are a type of derivative product that allows traders to speculate on the price of an asset without the need to own it. They have no expiry date, unlike traditional futures, and can be traded indefinitely as long as the trader maintains the necessary margin.

Opening of JTO-PERP, JUP-PERP, and TNSR-PERP Markets

The opening of the JTO-PERP, JUP-PERP, and TNSR-PERP markets will begin on or after 9:30am UTC on 16 May 2024. This will provide traders with the opportunity to speculate on the price movements of these altcoins, potentially leading to increased trading activity and liquidity.

Conclusion

The listing of JUP, TNSR, and JTO for futures trading on Coinbase International is a significant development for the crypto futures market. It not only provides traders with more options but also has the potential to increase the liquidity and volatility of these altcoins. As the crypto market continues to evolve, such developments are likely to become increasingly common, providing traders with a wider range of options for speculation and investment.