Coinbase Announces Launch of New Perpetual Futures Market on International Exchange

The Market for Initia (INIT) perpetual futures will officially open on or after 15:00 UTC on April 24, 2025, marking a significant step forward in the platform’s expanding offerings for traders.

Perpetual futures are a type of futures contract that doesn’t have an expiration date, unlike traditional futures contracts. This means traders can hold positions indefinitely as long as they maintain sufficient margin. This product will allow users to speculate on the price movements of Initia (INIT), making it an exciting opportunity for those interested in the asset.

With Coinbase’s global reach and reputation for robust security measures, the launch of the INIT-PERP market is expected to draw considerable attention from both new and seasoned traders. The addition of INIT-PERP to the exchange’s portfolio further enhances the variety of assets available for perpetual futures trading.

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The launch time is scheduled for 15:00 UTC on April 24, 2025, with users urged to monitor the market closely for the opening. This move reflects Coinbase’s ongoing commitment to expanding its suite of financial instruments and supporting the growing demand for diverse trading options within the crypto market.

For further details, visit Coinbase’s official announcements or check the platform for the most current updates leading up to the opening of the INIT-PERP market.

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