The Coinbase cryptocurrency exchange platform, through its derivatives department, announced that the platform is preparing to launch new products for its investor pool on April 1st. The recent announcements to introduce cash-settled futures contracts for three major altcoins. Coinbase International took to X (formerly Twitter), to announce the launch. The announcement comes as a huge boost of approval for Bitcoin Cash, Litecoin, and Dogecoin. The three Altcoins mentioned have been in the top ten cryptocurrency space for a long time, and this announcement brings hope to long-time investors of the various tokens.
Coinbase加密货币交易平台通过其衍生品部门宣布,该平台正准备于4月1日为其投资者池推出新产品。最近宣布推出三种主要山寨币的现金结算期货合约。 Coinbase International 通过 X(前身为 Twitter)宣布了此次发布。这一消息的发布极大地提高了比特币现金、莱特币和狗狗币的认可度。提到的三种山寨币长期以来一直位居加密货币领域前十名,这一公告给各种代币的长期投资者带来了希望。
The announcement serves as a further endorsement of Dogecoin, a cryptocurrency that has often been viewed as the father of meme coins. The coin is clearly transitioning to a more stable cryptocurrency with clear-cut use cases. Considering Dogecoin has often been listed as a legitimate cryptocurrency that can be used to purchase Tesla vehicles, the coin has since recorded significant growth.
— Coinbase 机构 🛡️ (@CoinbaseInsto) 2024 年 3 月 21 日 该公告是对狗狗币的进一步认可,狗狗币是一种经常被视为模因币之父的加密货币。该货币显然正在转变为具有明确用例的更稳定的加密货币。考虑到狗狗币经常被列为可用于购买特斯拉汽车的合法加密货币,该币自此以来记录了显着增长。
The crypto exchange platform teased crypto fans, hinting that their first leveraged and CFTC-regulated futures contracts for Bitcoin Cash, Litecoin, and Dogecoin could be available to trade on different platforms. Coinbase encouraged cryptocurrency investors to be on the lookout for these leveraged futures as they will be available to trade on partner platforms as well.
该加密货币交易平台取笑加密货币粉丝,暗示他们的第一个杠杆且受 CFTC 监管的比特币现金、莱特币和狗狗币期货合约可以在不同平台上进行交易。 Coinbase 鼓励加密货币投资者关注这些杠杆期货,因为它们也可以在合作伙伴平台上进行交易。
This is a huge step for crypto enthusiasts and it marks a crucial step towards broader adoption and increased accessibility for digital assets.
对于加密货币爱好者来说,这是迈出的一大步,也标志着朝着更广泛采用和提高数字资产可访问性迈出的关键一步。
Behind the Scenes; What steps did Coinbase take?
Coinase Derivatives filed a request to list new Futures contracts to the US Commodity Futures Trading Commission (CFTC) on March 7th. The exchange platform however, expected delays during the regulatory process and therefore planned to launch the products anyway, as they are confident the leveraged contracts adhere to the legal guidelines established by the US Commodity Futures and Trading Commission.
幕后花絮; Coinbase 采取了哪些措施?Coinase Derivatives 于 3 月 7 日向美国商品期货交易委员会 (CFTC) 提交了上市新期货合约的请求。然而,该交易平台预计监管过程中会出现延误,因此计划无论如何都会推出这些产品,因为他们相信杠杆合约遵守美国商品期货和交易委员会制定的法律准则。
In Coinbase’s application to list Dogecoin Futures, it stated that the Doge cryptocurrency has withstood the test of time and undoubtedly grown beyond its reputation as a memecoin.
Coinbase 在列出狗狗币期货的申请中表示,狗狗币经受住了时间的考验,毫无疑问已经超越了它作为模因币的声誉。
The cryptocurrency’s popularity across the board has soared even more after the announcement, witnessed by the sharp (18%) increase in DOGE price.
消息公布后,加密货币的受欢迎程度进一步飙升,DOGE 价格大幅上涨 (18%) 证明了这一点。
What Coinbase looks to achieve
The cryptocurrency exchange has played around with the idea of crypto-leveraged derivatives for a long time. Back in 2022. The crypto exchange platform clearly mentioned that it has intentions of making cryptocurrency derivatives contracts reachable to its retail investors. Per its mission, Coinbase reportedly acquired FairX, a derivatives exchange platform regulated by CFTC.
Coinbase 希望实现的目标 加密货币交易所长期以来一直在研究加密杠杆衍生品的想法。早在 2022 年,该加密货币交易平台就明确表示,其有意向散户投资者提供加密货币衍生品合约。据报道,Coinbase 根据其使命收购了 FairX,这是一个受 CFTC 监管的衍生品交易平台。
Coinbase, one of the largest crypto exchange platforms in the market is continuing to drive cryptocurrency adoption through different products. These steps are received positively within the Web 3 space, and crypto investors are undoubtedly excited as they wait for this opportunity, come April 1st, to access CTFC-regulated derivatives of well-known cryptocurrencies like BitcoinCash, Litecoin, and Dogecoin.
Coinbase 是市场上最大的加密货币交易平台之一,它正在继续通过不同的产品推动加密货币的采用。这些措施在 Web 3 领域得到了积极的反响,加密货币投资者无疑很兴奋,因为他们等待 4 月 1 日的这个机会,以获取受 CTFC 监管的知名加密货币(如 BitcoinCash、Litecoin 和 Dogecoin)的衍生品。