dogwifhat

2024

United

April

Coinbase International Exchange, in collaboration with Coinbase Advanced, is set to launch trading in $WIF perpetual futures for non-U.S. customers starting April 25. This expansion allows access to the Solana-based memecoin, dogwifhat, reflecting the growing interest in cryptocurrency derivatives outside the United States.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <a href="https://twitter.com/CoinbaseIntExch?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">@CoinbaseIntExch</a> will add support for dogwifhat perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of our WIF-PERP will begin on or after 9:30am UTC on 25 APR 2024. <a href="https://t.co/gIXr3XKXrV" target="_blank" data-wpel-link="external" rel="noopener noreferrer nofollow">pic.twitter.com/gIXr3XKXrV</a>— Coinbase International Exchange 🛡️ (@CoinbaseIntExch) <a href="https://twitter.com/CoinbaseIntExch/status/1780989670891131187?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="external">April 18, 2024</a>
 </blockquote>
 </div>
</figure>
Regulatory Milestones and Market Response
The introduction of these futures trading options follows a successful year since Coinbase received regulatory approval to provide such services in selected non-U.S. jurisdictions. However, efforts to extend similar offerings to U.S. customers have faced more challenges due to stricter regulatory scrutiny.
Despite these hurdles, Coinbase achieved a significant milestone last year by obtaining permission from the National Futures Association to offer limited crypto futures trading to American retail traders through Coinbase Advanced.
This move by Coinbase aligns with a significant uptick in derivatives trading volumes, which soared by 86.5% last month, reaching a total of $6.18 trillion. This surge underscores the robust growth and dynamic nature of the global cryptocurrency derivatives market.
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 Also read: <a href="https://www.cryptotimes.io/2024/04/19/coinbase-secures-new-manhattan-office-departs-hudson-yards/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="internal">Coinbase Secures New Manhattan Office, Departs Hudson Yards</a>
</blockquote>

Coinbase to Offer $WIF Futures to Non-US Customers Starting April 25

The Crypto Times

Other articles published on Apr 18, 2024

Omni Network Price Prediction: OMNI Plummets 42% As Experts Say This Solana GambleFi Token Might ...

Recent Fluctuations in Bitcoin’s Market Value

Cryptocurrency Internet Computer Rises More Than 6% In 24 hours

UK Treasury to Introduce Crypto Regulatory Framework by July to Boost Innovation and Enhance Over...

Shiba Inu Captures Market Attention with Surprising Resurgence

Sharp Decline in OMNI Token Value Following Airdrop Event

Join our free newsletter for daily crypto updates!