Coinbase International, the futures trading platform of Coinbase, the largest cryptocurrency exchange in the USA, stated in its official announcement that it will list Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE) and Stellar (XLM) altcoins.
The time when the pairs in question will start trading has been determined as 30 November at 13:00 CET.
This step was a first for Coinbase, which has not been interested in the futures market for a long time. The company previously only served in the spot market. Coinbase International, which was launched for futures transactions, was created as a product aimed mostly outside the USA and aims to capture users from the market share of offshore exchanges.
In the field of cryptocurrency futures transactions, users mostly turn to offshore exchanges such as Binance and Bybit and have more options there. Coinbase International, on the other hand, is still in the process of listing certain altcoins and does not include most pairs in the spot market.
*This is not investment advice.