The post Coinbase to Rival Binance With BNB Perpetual Futures appeared on BitcoinEthereumNews.com.

Coinbase International Exchange and Coinbase Advanced will introduce support for BNB perpetual futures starting next week. This development marks a significant expansion of Coinbase’s derivatives offerings. The BNB-PERP market will launch on or after 9:30 AM UTC on April 3, 2025. Coinbase Will Support BNB Perpetual Contracts In an official statement, Coinbase International Exchange confirmed the move and revealed plans to add support for BNB perpetual futures starting next week. “We will add support for BNB perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of our BNB-PERP market will begin on or after 9:30 am UTC 3 APRIL 2025,” read the announcement. Coinbase Traders, the official account for advanced trading on the platform, echoed the announcement in a post on X (Twitter). Introducing BNB perpetual futures on Coinbase’s international platforms presents new opportunities for traders. For Coinbase users, this means access to perpetual futures contracts, a type of derivative that does not have an expiration date. It allows traders to hold positions indefinitely. The feature will be available on Coinbase International Exchange, catering to non-US users, and Coinbase Advanced, which is tailored for experienced traders. This move strengthens Coinbase’s derivatives market and positions the exchange as a competitor to Binance, which already supports BNB futures. Expanding its futures offerings allows Coinbase to attract more traders looking for diversified investment opportunities. For BNB users, the listing on a major global exchange like Coinbase International expands market reach and trading opportunities. This increased exposure could influence BNB’s market value due to heightened demand and trading volume. Changpeng Zhao’s Reaction Sparks Criticism For BNB, listing on a prominent exchange like Coinbase enhances its accessibility and credibility. This increased availability could boost adoption, though traders should remain cautious of speculative price movements and volatility surrounding the launch. Binance founder Changpeng Zhao…

---

Filed under: News - @ March 28, 2025 10:22 am