Clepto Trading Attracting Coinbase derivatives applied for self -arrangements with the American Commodity Futures Trading Committee (CFTC) to include Solana Futures. The Stock Exchange sent the letter to Christopher Kirkpatrick from CFTC, with a highlight of February 18 as the date of the launch required for the product.
Coinbase derivatives and Solana Futures product
According to Self -designThe platform said that Solana Futures is a stable index product type in US dollar. While the contract size was announced of 100 Solana, the theoretical contract was linked to about $ 25,000.
Coinbase derivatives linked the minimum tick size at $ 0.01 per Solana with the minimum value of the base tied at $ 1 per contract. Unlike the offers in its other units, Coinbase said that the Solana Futures product will be traded only at specific times and days.
Coinbase derivatives admitted the relative Solana fluctuation in the margins associated with the product. The stock exchange noted that its embrace, which depends on its symbolic ecosystem (NFT), could affect the product. However, he repeated the emphasis that it has experience in managing products in two extremist market conditions.
This future offer comes amid an increasing batch of a product that is more connected to the traditional finance system (Trafi). As reported earlier, CBOE has reformulated Solana ETF 19B-4 VanckCanary, bitwise, and 21shares. This deposit proves that more major investors are looking for a currency, which puts in a ready -to -developed market.
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Godfrey Benjamin
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