The crypto derivatives market continues to expand, and Coinbase has announced the addition of new perpetual futures trading pairs. PancakeSwap (CAKE), Brett (BRETT), and ai16z (AI16Z) perpetual contracts will soon be available for trading.
Expanding Perpetual Trading on Coinbase
According to the latest statement from Coinbase, the CAKE-PERP, BRETT-PERP, and AI16Z-PERP pairs will be listed on Coinbase International Exchange and Coinbase Advanced. Trading will begin on or after March 6, 2025, at 9:30 AM UTC.
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This move aligns with Coinbase’s strategy to strengthen its presence in the crypto derivatives market. Perpetual futures trading allows traders to take advantage of market fluctuations with leveraged positions, increasing potential profitability.
By launching these new trading pairs, Coinbase aims to provide its users with more opportunities and solidify its position in the evolving crypto derivatives landscape.
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