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Coinbase International to Launch Perpetual Futures for Blast, LayerZero, and ZKsync on July 11

Coinbase
Coinbase

Coinbase International Exchange is set to expand its trading offerings with the addition of perpetual futures for three new assets: Blast (BLAST), LayerZero (ZRO), and ZKsync (ZK). Starting on July 11, 2024, at or after 9:30 am UTC, traders will be able to engage in perpetual futures trading on the Coinbase International Exchange and Coinbase Advanced platforms.

Block Movement

Launch Date: July 11, 2024Time: On or after 9:30 am UTCPlatforms: Coinbase International Exchange, Coinbase AdvancedAssets: Blast (BLAST), LayerZero (ZRO), ZKsync (ZK).

What are Perpetual Futures?

Perpetual futures contracts allow traders to speculate on the price movements of an underlying asset without having to worry about the contract expiring. Unlike traditional futures, these contracts do not have a set expiration date, enabling traders to hold their positions for as long as they wish. This feature makes perpetual futures an attractive option for both hedging and speculative trading.