Coinbase to launch gold and oil futures trading

Coinbase to launch gold and oil futures trading

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Coinbase, a cryptocurrency exchange, plans to launch retail-sized futures contracts for oil and gold in June.

The new futures contracts for oil and gold will be offered alongside their existing offerings of bitcoin, ether, bitcoin cash, litecoin, and dogecoin futures.

The contracts will be sized at 10 barrels of oil and 1 troy ounce of gold, providing enhanced trading opportunities in traditional markets.

Coinbase Derivatives, which is regulated by the Commodity Futures Trading Commission (CFTC), aims to expand its product offerings beyond cryptocurrency derivatives.

https://www.theblock.co/post/295816/coinbase-to-launch-gold-and-oil-futures-trading

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