“Coinbase ” International is now offering spot cryptocurrency trading to non-US consumers. “The launch and expansion of spot trading on Coinbase International Exchange will occur over several phases,” Coinbase said in a statement.

“At the outset, our primary focus will be to build liquidity and a solid foundation.” We intend to develop the offering in the coming months to include retail customers, additional assets, and features that enable new trading methods and improve capital efficiency.”

Crypto Spot Trading at  “Coinbase ” International

Coinbase (Nasdaq: COIN) announced Wednesday the opening of spot markets on the Coinbase International Exchange. According to the announcement:

COIN
COIN price chart (source: TradingView)

“At the outset, our primary focus will be to build liquidity and a solid foundation.” “We plan to expand the product in the coming months to include retail users, additional assets, and features that enable new trading strategies and improve capital efficiency.”

 “Coinbase was explained.

Coinbase International Exchange debuted in May 2023 and is currently only available to non-US clients in a few regions. According to the platform’s website, institutional clients can access BTC, ETH, LTC, XRP, SOL, and AVAX perpetual futures contracts.

According to Coinbase, the platform has onboarded over 100 institutions since its introduction, with around $10 billion in perpetual futures trading volume in Q3. On Coinbase Advanced, a platform targeted at experienced traders, the exchange released perpetual futures to qualifying retail users in October.

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So far, the exchange has published 15 perpetual contracts that represent more than 70% of the addressable perpetual futures trading market, and the maximum leverage for all listed contracts has been increased to 10x.

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