Coinbase is preparing to launch 24/7 Bitcoin and Ethereum futures trading in the US. Regulated by the Commodity Futures Trading Commission (CFTC), the exchange will collaborate with Nodal Clear to provide uninterrupted trading opportunities. This initiative paves the way for the first futures market in the US to operate around the clock.

With its new product, Coinbase aims to bridge the gap between the continuous trading structure of the crypto market and the specific trading hours in traditional markets. According to the company, these limitations deter investors from trading during significant price movements and restrict their ability to respond to market conditions in real-time.

The new futures contracts aim to offer flexibility, providing both large and nano-sized contracts to retail and institutional investors.

STRONG DEMAND TO BE ASSESSED

In addition to 24/7 futures trading, Coinbase is also working on offering long-term perpetual futures contracts. The company stated that futures trading accounts for approximately 75% of the global trading volume and has become fundamental to the crypto markets. In this regard, strong demand for regulated crypto derivative products from US investors was acknowledged.

UNINTERRUPTED TRADING CME Group, the largest traditional derivatives exchange in the US, also offers crypto futures trading. However, trading hours at CME are determined based on US markets, lacking the 24/7 continuous trading feature. This new model introduced by Coinbase aims to increase market liquidity and enable faster response to price movements by providing investors with the opportunity to trade at any time of the day. This move by Coinbase is considered a significant development for the expansion of regulated crypto derivative markets in the US. The ability to trade 24/7 can provide a substantial advantage, especially for investors operating in global markets, and has the potential to alter the overall structure of crypto markets.