Coinbase is expanding its cryptocurrency derivatives offerings with the introduction of Shiba Inu (SHIB) futures contracts on July 15, a move that could significantly impact the popular meme coin’s market. The contracts will be cash-settled and margined, with each contract comprising 10 million SHIB, priced at $0.00001 per token. The futures will be listed under […]
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- Coinbase to launch SHIB futures on July 15, expanding regulated altcoin trading.
- New SHIB futures offer cash-settled contracts, enhancing trading opportunities.
- Coinbase expands altcoin futures with DOT, XLM, AVAX, LINK, boosting market depth.
Coinbase is expanding its cryptocurrency derivatives offerings with the introduction of Shiba Inu (SHIB) futures contracts on July 15, a move that could significantly impact the popular meme coin’s market.
The contracts will be cash-settled and margined, with each contract comprising 10 million SHIB, priced at $0.00001 per token. The futures will be listed under the contract code SHB and will follow a daily settlement schedule at 3:00 PM CT. Final settlement will occur at 4:00 PM London time on the last Friday of each contract month. This development is expected to enhance Shiba Inu’s appeal in the cryptocurrency market, offering traders a new avenue for investment and speculation.
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