After securing regulatory approval, Coinbase's service offering crypto futures trading to eligible retail U.S. customers is now active and includes "nano" bitcoin contracts, the company said in a statement.
"Customers in the U.S. can now access regulated crypto futures contracts," the company said in a statement. "These futures contracts are specifically sized for retail traders, at 1/100th of a Bitcoin and 1/10th of an Ethereum." While the new service adds trading optionality, Coinbase pointed out that there is greater downside risk with futures trading.
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