Coinbase

Coinbase Activates Futures Trading for DOGS and POL Coins

In Brief

  • Coinbase announces futures trading for DOGS and POL Coins on September 19.
  • This move aims to boost demand and price for these altcoins.
  • Increased volatility may occur due to speculative trading activities.
İlayda Peker
İlayda Peker

Coinbase, the leading cryptocurrency exchange serving U.S. clients, has made an important announcement. It revealed that futures trading pairs for DOGS and POL Coins will go live, potentially increasing demand for these altcoins and contributing positively to their prices in the long term.

Contents
Details of DOGS and POL Coin LaunchMarket Impact and Volatility

Details of DOGS and POL Coin Launch

Coinbase has confirmed that it will launch the futures trading pairs on September 19. This announcement specifically pertains to the global version of Coinbase, which aims to diversify its revenue channels following the 2022 cryptocurrency collapse.

Market Impact and Volatility

The platform aims to list new futures trading pairs between the 3rd and 9th of each month, with DOGS and POL Coin included this time. As demand for futures typically triggers speculative movements in altcoins, this development could enhance volatility, especially in the anticipated upward trends of the last quarter.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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