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Coinbase International has introduced a new trading option that allows institutional and retail traders to take positions on cryptocurrencies before they are officially launched. Available exclusively to eligible users outside the U.S., Canada, and the UK, this feature supports trading of perpetual futures contracts for tokens not yet available on spot exchanges. Starting Monday, this initiative is set to engage traders early in the lifecycle of new crypto assets, fostering robust investment from the outset.
The pre-launch markets are designed to facilitate price discovery in a secure and regulated environment, making them a unique offering in the crypto trading space. Upon the token’s official release, these futures contracts will convert to standard perpetual contracts. This setup allows traders to speculate on the future values of crypto projects before they go live.
Due to the inherent risks associated with these early trading activities, Coinbase has implemented strict trading limits, including a 2x leverage cap and a $50,000 maximum position size. These measures aim to temper the high volatility and liquidity risks, ensuring a safer trading environment while still promoting innovative investment opportunities.
