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Coinbase Becomes First US Exchange Allowed to Offer Global Crypto Perps Trading

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Decrypt Editorial
(07:41 PM UTC)
1 min read
JM
Updated byJames Mitchell
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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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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