Coinbase has launched perpetual futures contracts on gold and silver for eligible non-US traders and is working toward making these products available 24/7. The GOLD-PERP and SILVER-PERP contracts are settled in USDC and provide leveraged exposure to precious metals prices without physical ownership. Coinbase Derivatives, a CFTC-regulated designated contract market, serves as the platform for US users’ products. This initiative is part of Coinbase’s broader strategy to transform its platform into a versatile exchange covering cryptocurrencies, commodities and other asset classes.
Source: Read the original article
