Coinbase Looks towards Crypto Futures Trading Services to Offer Derivatives

Crypto exchange platform Coinbase wants to offer futures trading. The exchange needs to get approval from the National Futures Association. The firm has to register with the Commodity Futures Trading Commission.  Afterward, they can proceed with their plans. At the beginning of the year, Coinbase took over Skew. The latter is famous for tracking the derivatives market. Bloomberg reported that Coinbase Financial Markets Inc. was seeking membership regarding an application with the National Futures Association yesterday. Coinbase is one of the best cryptocurrency stocks. For…

Shrimpy Introduces New Crypto Features: DeFi and Futures Trading Options

Introduced first in 2018, Shrimpy has been an impeccable crypto trading bot providing investors with an excellent automated portfolio management solution. Automated portfolio management tools represent services that enable traders to control, monitor, and adjust their portfolios in an automated way. This helps save time, improve trading efficiency, and gain access to trading strategies controlled by crypto trading bots. Simultaneously, Shrimpy also supports social trading. The feature essentially makes it possible to copy experts' trading strategies and capitalize when the…

Top Cryptocurrency Contract Trading Exchanges for Beginners

Cryptocurrencies are volatile investments and can cause unimaginable losses when traded without an effective strategy. Many crypto traders manage the risk of crypto trading by simply buying an asset when the price drops or sell it when the price rises. However, this tactic comes with numerous downsides, including missing out on profits if the price continues to rise after you close a position. Cryptocurrency contract trading comes in handy to enable crypto traders to hedge existing spot positions without additional…

A Comprehensive Beginner’s Guide on Bitcoin and Crypto Futures

From spot trading to staking and now cryptocurrency futures, investments in the crypto space are increasingly being diversified-a move aimed at reducing risks and increasing profitability. Many crypto traders are increasingly engaging in trading crypto futures, which took the crypto space by storm around December 2018. A report by Tokeninsight revealed that the combined total trading volume in the cryptocurrency spot and futures markets in Q1 2020 amounted to roughly $8.8 trillion. This figure represented an enormous 314% quarterly increase…