Coinbase Announces Polygon (MATIC) And Bitcoin Cash (BCH) Perpetuals
Coinbase International Exchange on Saturday announced plans to launch Polygon (MATIC) and Bitcoin Cash (BCH) perpetuals futures contracts on the Coinbase International Exchange and Coinbase Advanced. The move comes as Coinbase’s international offshoot expands its crypto offerings amid the massive rise in trading volumes.
Coinbase International Exchange Launches Polygon And Bitcoin Cash Perpetuals
Crypto exchange Coinbase International Exchange in an official announcement on December 2 revealed support for Polygon and Bitcoin Cash perpetual future contracts on Coinbase International Exchange & Coinbase Advanced.
Users can start trading MATIC-PERP and BCH-PERP contracts on or after 10 am UTC on December 7. This marks an exciting move by the exchange to increase its perpetual contacts offerings.
Coinbase launched Coinbase International Exchange to allow non-US institutional investors to trade perpetual futures in May. Further, it gains regulatory approval to enable perpetual futures for eligible non-US retail customers in September.
CoinGape Media reported Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), and Stellar (XLM) perpetual listing by Coinbase International Exchange last week. New offerings further give investors access to more crypto alongside Bitcoin (BTC) and Ethereum (ETH) among others that have been listed since the platform was launched to serve non-US customers.
Also Read: Grayscale Executives Update Investors About GBTC’s Approval As Spot Bitcoin ETF
Will Polygon (MATIC) and Bitcoin Cash (BCH) Price Rally?
Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), and Stellar (XLM) saw upside moves after listing by Coinbase International Exchange.
Crypto analysts are also bullish on MATIC and BCH prices amid massive whale accumulation and crypto market recovery.
MATIC price jumped over 3% in the past 24 hours, with the price currently trading at $0.807. The 24-hour low and high are $0.777 and $0.818, respectively. Furthermore, the trading volume has decreased by 20% in the last 24 hours, indicating a decline in the interest of traders.
Menwhile, BCH price also climbed over 1% in the past 24 hours, with the price currently trading at $226.33. The 24-hour low and high are $223.29 and $226.35, respectively.
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