Cryptocurrency exchange giant Coinbase continues to expand the range of products it offers to its users. The company announced in an official statement that it will add Turbo Perpetual Futures support to the Coinbase International Exchange and Coinbase Advanced platforms. The opening of the new markets will begin at 09:30 UTC on October 24, 2024, or will be activated after this time.

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Coinbase Adds Support for Turbo

This new feature offers a great opportunity, especially for users interested in more advanced derivative products. Perpetual futures are a type of financial derivative instruments that do not have an expiration date, unlike traditional futures. Turbo futures, on the other hand, aim to provide investors with an extra advantage in terms of speed and trading volume. Such transactions may be attractive to professional traders looking for higher leverage and fast trading capabilities.

This move by Coinbase is considered as part of the platform’s effort to gain more ground in the global cryptocurrency market. With the new feature, users will gain greater trading flexibility in the crypto derivatives market and will have the opportunity to implement their strategies faster.

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