Coinbase has announced the addition of a perpetual futures product for the AZTEC token to its platform.
According to today’s announcement, full trading mode has been activated for the AZTEC-PERP perpetual contract on Coinbase International Exchange and Coinbase Advanced.
With this update, users will be able to trade on the AZTEC-PERP market with a wider range of order types. According to Coinbase, the platform now supports commonly used order types such as limit orders, market orders, stop-loss, and stop-limit.
This will give investors more flexible options in terms of both quick position opening and closing, and more controlled risk management.
Perpetual futures contracts are among the most widely used products in the crypto derivatives market. Because these contracts trade without a specific expiration date, they can carry higher volatility and leverage-related risks compared to the spot market.
Therefore, it is emphasized that investors should adopt a cautious strategy, especially in newly listed perpetual products, bearing in mind that price movements may become volatile.
Coinbase’s listing of the AZTEC-PERP contract is seen as part of the exchange’s goal to expand its derivatives offerings and provide more trading options to its international user base.
*This is not investment advice.
