Coinbase to Introduce Pre-Launch Token Futures Trading

Coinbase is set to launch a groundbreaking feature allowing users to trade futures contracts on tokens yet to debut. This new function will be available on its international and advanced exchanges, providing a unique opportunity for traders to engage in "pre-launch markets" within Coinbase’s ecosystem.



This initiative will enable eligible traders to speculate on the price of upcoming projects. Users can take long or short positions on unlaunched tokens with up to 2x leverage, potentially leading to significant returns. Even if a token’s launch date is unspecified, traders can buy and sell futures contracts for that token. Institutional users will utilize the Coinbase International Exchange, while eligible retail traders will access these pre-launch markets via Coinbase Advanced.



Mechanics of Pre-Launch Markets



Pre-launch mar


First found on: Cryptonews from Coinatory