Coinbase Gets Approval to Offer Bitcoin Perpetual Futures
Coinbase gets approval from Bermuda's authority to offer special Bitcoin trades for non-U.S. customers, marking a major win for secure crypto trading.
Coinbase International Exchange gets a green light from Bermuda's top money authority, the Bermuda Monetary Authority (BMA), to offer Bitcoin-related future trades for people outside the U.S.
This big step shows Coinbase's promise to be clear, follow rules, and make cryptocurrency easy for everyone around the world to use.
Coinbase, a famous platform for trading cryptocurrencies, has now got approval to let non-U.S. customers trade in "perpetual futures." This means people can bet on the future prices of cryptocurrencies.
This is a huge moment for Coinbase and the whole crypto world. With this, Coinbase is seen as a trusted name in the changing world of cryptocurrency trading.
The BMA's approval means they trust Coinbase to follow all the strict rules. Coinbase is known for its clear and safe way of doing business. Now, they will bring this trust to future trading.
Through Coinbase Advanced, eligible people can use these new trading options. This lets more people try out safe and regulated ways to trade in the future prices of cryptocurrencies. Working with the BMA shows Coinbase's goal to bring new and safe ways to trade cryptocurrencies and help grow the economy everywhere.
At a time when many crypto trading platforms face strict rules, Coinbase shines as a safe and trustworthy place to do business.
A big part of the world's crypto trades are "derivatives." These need to be safe and clear for traders. Few platforms offer this safety, but Coinbase's future trades will be safe, as they follow BMA's strict rules.
