Coinbase International Exchange, a subsidiary of Coinbase Global Inc. serving customers outside the United States, lists perpetual future contracts for four new assets, including Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), and Stellar (XLM).
Coinbase listing schedule
As the trading giant announced, the four trading pairs of the four assets will be listed by 10am UTC on December 30th, allowing customers to trade these new digital currencies once liquidity conditions are met. Be prepared to accept.
Specifically, the company said that the ADA-PERP, LINK-PERP, DOGE-PERP, and XLM-PERP pair markets will be live on Coinbase International Exchange and Coinbase Advanced, respectively. The list features four new cryptocurrencies alongside Bitcoin (BTC), Ethereum (ETH), and XRP, which have been listed since the platform’s launch. To provide services to customers outside the United States.
Because the regulations binding U.S. Coinbase users are relatively unclear, exchanges have had to explore other avenues to serve non-U.S. customers in an appropriate manner. This created Coinbase International, and the new additions of ADA, LINK, DOGE, and XLM formed a strategic expansion move to reach more traders in the broader digital currency ecosystem.
The selection of these assets was easy given their unique value proposition and community of passionate followers. So far this year, Cardano has been making headlines for its new innovations and dedication to development efforts, while Chainlink continues to expand its reach as the industry’s de facto Oracle service provider.
The Dogecoin and Stellar duo also have their own appeal and audience, making them perfect for listing on the Coinbase International Exchange.
Strategic decisions about supporting assets
In order to strictly adhere to regulatory provisions around the world, Coinbase determines which assets we support based on their status in the industry.
In addition to Bitcoin and Ethereum futures,the platform also supports XRP futures on international platforms, a move made after the digital currency achieved status as the only altcoin that cannot be tagged as an investment contract in the United States.
This status was determined after Judge Annalisa Torres’ July 13 ruling.a ruling that is now the law regarding coins in the United States.
