Coinbase launch international exchange for institutional traders outside US

Coinbase has launched an international exchange — allowing institutional traders outside the United States to trade Bitcoin (BTC) and Ethereum (ETH) perpetual futures.
Trades on the new platform would be settled in USD Coin (USDC), and no fiat on-ramps would be required. It added that its perpetual futures contracts offer up to five times leverage.
According to a May 2 statement, the new exchange was launched on the back of its recent regulatory approval from the Bermuda Monetary Authority (BMA). The exchange said it holds a Class F digital assets business license under the Digital Assets Business Act 2018 (as amended) and is licensed by the BMA.
Coinbase International Exchange will serve institutional clients only
Coinbase International Exchange (CIE) website showed that the exchange is only available “to non-US institutions in select jurisdictions.” The FAQ stated that the exchange plans to expand its platform to serve “non-US professional investors and advanced retail users

Czytaj więcej

We współpracy z: https://cryptoslate.com/coinbase-launch-international-exchange-for-institutional-traders-outside-us/

Total
0
Shares
Dodaj komentarz

Podobne Wpisy