Coinbase has announced the opening of trading on futures contracts on gold and oil. This new feature will be available starting from June 3, according to what was communicated by Coinbase Derivatives.
A market in evolution
Coinbase, known for being one of the main cryptocurrency exchanges in the United States, has stated that, while keeping crypto derivatives as the core of its business, the introduction of oil and gold futures certainly represents an important step to diversify the trading opportunities offered to its users.
These new contracts are specifically sized for retail traders, making these instruments accessible even to less capitalized investors.
The adoption of futures on commodities such as gold and oil, by an exchange of criptovalute, marks an interesting convergence between traditional financial markets and digital ones.
Coinbase, which is regulated by the Commodity Futures Trading Commission (CFTC), has already established itself as a key player in crypto
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