Coinbase Adds Gold and Silver Perps With USDC Settlement and up to 25x Leverage
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Coinbase Adds Gold and Silver Perps With USDC Settlement and up to 25x Leverage
"Coinbase has expanded its derivatives lineup with gold and silver perpetual futures for eligible traders outside the United States, giving eligible users access to precious metals exposure through crypto-based market infrastructure."
"The contracts provide exposure to spot gold and silver prices through perpetual futures that settle in USDC and reference one troy ounce of each metal."
"The exchange said gold contracts will support maximum leverage of up to 25x, while silver contracts will support up to 20x."
"The launch fits into Coinbase's broader plan to combine crypto-native trading tools with assets more commonly associated with traditional finance."
Coinbase has introduced gold and silver perpetual futures for eligible non-U.S. traders, allowing access to precious metals via crypto-based infrastructure. The contracts are USDC-settled, reference one troy ounce, and offer maximum leverage of 25x for gold and 20x for silver. These linear perpetual futures do not expire and are designed for continuous trading. The launch aims to integrate traditional market products with digital asset trading platforms, providing both retail and institutional users with risk-management controls and small order-size options.
Read at news.bitcoin.com
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