U.S. regulators just legalized crypto perpetual futures — buy Coinbase before the trading volume boom hits
U.S. regulators just gave the green light for crypto perpetual futures contracts — a popular trading product that until now only existed on overseas exchanges. Coinbase is among the first platforms cleared to offer them.
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This is a big structural change for crypto trading in the U.S. Perpetual futures are the most popular crypto trading product globally — they account for the vast majority of crypto trading volume — but Americans have had to use offshore platforms or go without. Now the CFTC is letting regulated U.S. platforms like Coinbase offer them. That means a huge new revenue stream is opening up for Coinbase specifically, since they're first in line. When exchanges get access to a popular new product, their trading volume — and fees — tend to surge in the months that follow.