- Coinbase Advanced brings federally regulated crypto futures trading to eligible US customers, offering leverage, risk hedging, and portfolio diversification.
- Traders gain access to nano-sized futures contracts on Coinbase Advanced, with lower upfront capital requirements, making it more accessible for retail customers.
- Coinbase Advanced provides powerful tools like advanced order types, TradingView charts, and APIs for automated trading, empowering traders with enhanced capabilities.
Coinbase Advanced is revolutionizing the world of crypto trading by offering leveraged crypto futures contracts to eligible traders in the United States. As an advanced retail trader, you now have the opportunity to access leverage, hedge risks, and diversify your portfolio through Coinbase Financial Markets, Inc. (CFM). In this comprehensive guide, we will explore how you can integrate crypto futures into your trading strategy effectively.
Understanding the Benefits of Crypto Futures
Crypto futures contracts provide traders with a seamless way to go long or short on their underlying crypto assets. By utilizing futures, you can effectively manage risk and take advantage of market movements. Additionally, futures allow traders to access the crypto market with less upfront investment through leverage.
Access Nano-Sized Futures Contracts
Coinbase Advanced offers access to nano-sized futures contracts, specifically for Bitcoin (BTC) and Ethereum (ETH). These contracts, equivalent to 1/100th of a Bitcoin and 1/10th of an Ethereum, significantly reduce the capital requirements for trading futures. As a result, a broader range of retail customers can now consider futures trading as an affordable investment option.
Empowering Traders with Educational Resources
At CFM, we are committed to empowering traders with the knowledge they need to trade futures safely and responsibly. Coinbase Learn, our educational platform, features a comprehensive suite of articles that cover various futures topics. From the basics to the benefits and risks, we provide detailed insights to help you navigate the world of futures trading.
Getting Started on Coinbase Advanced
If you’re an eligible trader in the United States, you can start trading crypto futures on Coinbase Advanced by following a few simple steps:
- Sign in to your Coinbase Advanced account by navigating to advanced.coinbase.com or directly accessing coinbase.com/futures.
- Apply to trade futures with Coinbase Financial Markets. As part of the regulatory requirements, we will need to verify your personal information and gather some details about your financial background and investment experience.
- Once approved, you can begin trading crypto futures. All futures contracts are settled in USD, providing you with a convenient and straightforward trading experience.
The Power of Coinbase Advanced
Coinbase Advanced is designed exclusively for sophisticated retail traders, offering a comprehensive set of tools to enhance your trading capabilities. Some of the notable features include:
- Advanced Order Types: Unlock advanced order types to execute precise trading strategies and optimize your trading positions.
- TradingView Charts: Leverage TradingView charts integrated into Coinbase Advanced for in-depth technical analysis and charting capabilities.
- APIs for Automation: Seamlessly automate your trading strategies by utilizing Coinbase Advanced APIs, enabling you to take advantage of real-time market data and execute trades programmatically.
The Future of Futures on Coinbase
As CFM continues to innovate, we plan to expand access to futures trading beyond the web platform. Our team is actively working to bring futures trading functionality to the Coinbase mobile app, providing you with a seamless trading experience across devices.
Conclusion
Coinbase Advanced, in collaboration with CFM, is proud to offer leveraged crypto futures trading to eligible US traders. By integrating futures contracts into your trading strategy, you can access leverage, manage risk, and explore new avenues of opportunities in the crypto market. With our user-friendly platform and extensive educational resources, we are committed to supporting your journey as you navigate the exciting world of crypto futures trading.
Disclaimer
The information provided in this article is for informational purposes only and should not be considered financial advice. The article does not offer sufficient information to make investment decisions, nor does it constitute an offer, recommendation, or solicitation to buy or sell any financial instrument. The content is opinion of the author and does not reflect any view or suggestion or any kind of advise from CryptoNewsBytes.com. The author declares he does not hold any of the above mentioned tokens or received any incentive from any company.
