Bitcoin

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     <strong style="color: var(--td_text_color, #111111); font-family: var(--td_default_google_font_2, 'Roboto', sans-serif); font-size: 19px;">This move follows the footsteps of other <a href="https://www.altcoinbuzz.io/?s=centralized+exchanges" target="_blank" rel="noopener">centralized exchanges</a>.</strong>
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      <p>Binance, Bybit, Bitget, and OKX have established similar launchpads for emerging crypto projects.</p> 
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            <h5><strong>Emulating Centralized Exchange Launchpads</strong></h5> 
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<p>The pre-launch market on Coinbase International enables users to engage in perpetual futures contracts for tokens before they officially debut on spot exchanges. According to <a href="https://help.coinbase.com/en/international-exchange/pre-launch-markets/what-is-a-pre-launch-market" target="_blank" rel="noopener">Coinbase’s announcement</a> on June 17th, these contracts seamlessly convert into standard perpetual contracts. This happens once the underlying token launches on applicable spot markets.</p> 
<p>Institutional investors will access this feature via Coinbase International, while retail traders can utilize it through Coinbase Advanced. Notably, pre-launch market assets are subject to initial margin caps of 50%, equating to a maximum leverage of 2x. There is also a per-token notional position limit set at $50,000.</p> 
<p><img decoding="async" class="wp-image-143350 aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2024/06/cxvfewfw-260x300.jpg" alt="" width="460" height="531" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2024/06/cxvfewfw-260x300.jpg 260w, https://www.altcoinbuzz.io/wp-content/uploads/2024/06/cxvfewfw-364x420.jpg 364w, https://www.altcoinbuzz.io/wp-content/uploads/2024/06/cxvfewfw.jpg 387w" sizes="(max-width: 460px) 100vw, 460px"></p> 
<h6 style="text-align: center;"><strong>Source: <a href="https://x.com/CoinbaseIntExch/status/1802738314639815047" target="_blank" rel="noopener">X</a></strong></h6> 
<h5><strong>More About Coinbase’s Pre-Launch Crypto Futures Market</strong></h5> 
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   Despite the opportunities presented, Coinbase has cautioned users about the inherent risks associated with pre-launch markets. These include lower liquidity levels, heightened volatility, and increased risk of liquidation due to market fluctuations.
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   Furthermore, without support from <a href="https://help.coinbase.com/en/international-exchange/liquidations/what-is-the-liquidity-support-program" target="_blank" rel="noopener">Coinbase’s Liquidity Support Program</a>, pre-launch instruments face increased auto-liquidation risks in volatile markets. Coinbase’s entry into pre-launch markets caters to early-stage crypto investment demand while emphasizing risk transparency.
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<h6><strong>Disclaimer</strong></h6> 
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p> 
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/coinbase-launches-pre-launch-crypto-futures-market/">Coinbase Launches Pre-Launch Crypto Futures Market</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

Coinbase Launches Pre-Launch Crypto Futures Market

Altcoin Buzz

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