XRP Perpetual Futures Listed on This Crypto Platform: Details

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XRP Perpetual Futures Listed on This Crypto Platform: Details
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XRP futures trading to expand outside US through this new listing

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

Perpetual futures are powered by Coinbase Bermuda Limited which is regulated by the Bermuda Monetary Authority ., Coinbase customers in eligible non-U.S. jurisdictions can begin trading perpetual futures on Coinbase Advanced, the crypto exchange's platform for sophisticated retail traders.At first, Coinbase Advanced customers will be able to trade four perpetual contracts: XRP, BTC, ETH and LTC. Contracts initially offer up to 5x leverage, while XRP offers up to 3x leverage.

The perpetual futures that are settled in USDC are powered by Coinbase Bermuda Limited, which is regulated by the Bermuda Monetary Authority .The crypto exchange stated that there are plans in the works to add even more contracts in the coming months. Coinbase also stated that it is working to offer mobile trading soon.Coinbase relisted XRP in July of this year following a landmark judgment that determined that XRP sold on crypto exchanges does not qualify as a security.

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