Coinbase Looks towards Crypto Futures Trading Services to Offer Derivatives

Crypto exchange platform Coinbase wants to offer futures trading. The exchange needs to get approval from the National Futures Association. The firm has to register with the Commodity Futures Trading Commission.  Afterward, they can proceed with their plans. At the beginning of the year, Coinbase took over Skew. The latter is famous for tracking the derivatives market. Bloomberg reported that Coinbase Financial Markets Inc. was seeking membership regarding an application with the National Futures Association yesterday. Coinbase is one of the best cryptocurrency stocks. For…

Top Cryptocurrency Contract Trading Exchanges for Beginners

Cryptocurrencies are volatile investments and can cause unimaginable losses when traded without an effective strategy. Many crypto traders manage the risk of crypto trading by simply buying an asset when the price drops or selling it when the price rises. However, this tactic comes with numerous downsides, including missing out on profits if the price continues to rise after you close a position. Cryptocurrency contract trading comes in handy to enable crypto traders to hedge existing spot positions without additional…

A Comprehensive Beginner’s Guide on Bitcoin and Crypto Futures

For a broad definition, Financial futures refer to a financial instrument that specifies buying or selling a financial asset between two parties for a predetermined price and a precise date in the future. For example, bitcoin futures are futures contracts that enable traders to speculate on Bitcoin's price without actually owning bitcoin. Once a futures contract is set or agreed upon, counterparties are required to fulfill the terms of the agreement upon expiration, either by selling or buying the asset…