Coinbase to Start 24/7 Futures Trading for XRP And Other Alts from June 13
The post Coinbase to Start 24/7 Futures Trading for XRP And Other Alts from June 13 appeared on BitcoinEthereumNews.com.
Coinbase is expanding its futures trading offerings with the introduction of 24/7 contracts for Solana (SOL), XRP, and Cardano (ADA), set to launch on June 13. This move aims to provide US traders with compliant access to altcoin derivatives, navigating the evolving regulatory landscape. XRP, SOL & ADA Futures to Trade 24/7 on Coinbase In the latest development, Coinbase announced the expansion of its 24/7 futures trading to include XRP and Solana contracts. This move builds on the platform’s existing round-the-clock trading for Bitcoin and Ethereum futures contracts. In an X post, the exchange noted, “Starting June 13, we’re enabling 24×7 trading for XRP and Solana futures, unlocking real-time access to U.S. traders, reflecting the always-on nature of crypto markets.” “The arrival of 24/7 CFTC-regulated markets is a game-changer for the industry,” said Andy Sears, CEO of Coinbase Financial Markets. Initially, Coinbase had restricted this round-the-clock trading to only Bitcoin (BTC) and Ethereum (ETH) contracts. In the latest development, the exchange expands its trading, extending this offering to other altcoin futures contracts, including XRP, SOL, and ADA. According to the exchange, the round-the-clock trading affords customers “more opportunities to execute their strategies, as well as better manage risk and respond to market movements.” Revealing this strategic development, Coinbase cited in an official blog post, For the first time ever on Coinbase Advanced, BTC and ETH futures contracts are available to trade 24 hours a day, 7 days a week…Round-the-clock trading affords our customers…We are also planning to expand 24/7 trading access to additional futures contracts, starting with SOL and XRP in the coming weeks. Altcoin Derivatives Gain Traction Significantly, Coinbase’s XRP, Solana, and Cardano futures will offer continuous trading, joining BTC and ETH. The XRP futures contract represents 10,000 XRP per contract, cash-settled in USD, with a 10% hourly price…
Filed under: News - @ June 1, 2025 5:27 am