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via Decrypt · By Decrypt Editorial
Coinbase Becomes First US Exchange Allowed to Offer Global Crypto Perps Trading
DE
Decrypt Editorial(07:41 PM UTC)
1 min read
In brief
- The CFTC will allow Coinbase to offer U.S. customers access to offshore crypto perpetual futures through the exchange's subsidiary, Deribit.
- Crypto “perps” are high-risk leveraged bets on token prices with no expiration date.
- The move is expected to pave the way for other U.S. exchanges to offer similar products.
The CFTC gave Coinbase a green light to offer crypto perpetual futures on…
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