DOGE, SHIB News: Coinbase to Add 24/7 Trading for SHIB, Bitcoin Cash, Dogecoin
Summary
Coinbase Markets is expanding its regulated crypto derivatives offerings by introducing round-the-clock futures trading for a group of major altcoins starting December 5th. This includes assets like AVAX, BCH, ADA, Chainlink (LINK), DOGE, HBAR, LTC, DOT, SHIB, XLM, and SUI. This move builds upon Coinbase Derivatives' existing 24/7 markets for Bitcoin, Ethereum, Solana, and XRP. Furthermore, Coinbase is developing U.S. perpetual-style futures for this same basket of altcoins, which will feature a five-year expiry rather than the indefinite term common in offshore perpetual swaps. By offering compliant, long-dated futures, Coinbase aims to capture liquidity currently dominated by offshore venues like Binance and Bybit, especially amid volatile funding markets and ongoing regulatory scrutiny.
(Source:CoinDesk)