Coinbase Lists Perpetual Contracts for REZ, GRASS, RARE

Coinbase International, a prominent cryptocurrency exchange, has announced the listing of perpetual contracts for REZ, GRASS, and RARE on its platforms, Coinbase International Exchange and Coinbase Advanced. This move is part of the exchange's ongoing efforts to expand its offerings and provide more trading options for its users.

The listing of these perpetual contracts allows traders to speculate on the price movements of REZ, GRASS, and RARE without actually owning the underlying assets. This can be particularly appealing to traders who are looking to capitalize on short-term price fluctuations or hedge their positions in the broader cryptocurrency market.

Perpetual contracts are a type of derivative that do not have an expiration date, unlike traditional futures contracts. This means that traders can hold their positions for as long as they wish, provided they maintain the necessary margin requirements. The contracts are settled in the underlying asset, which in this case would be REZ, GRASS, or RARE.

The addition of REZ, GRASS, and RARE perpetual contracts to Coinbase International's platform is a significant development for the exchange. It demonstrates the company's commitment to providing a diverse range of trading options for its users, and its willingness to adapt to the evolving needs of the cryptocurrency market.

For traders, the listing of these perpetual contracts presents new opportunities to engage with the cryptocurrency market. It allows them to take advantage of price movements in REZ, GRASS, and RARE without the need to hold the underlying assets, which can be particularly useful in a volatile market.

Overall, the listing of REZ, GRASS, and RARE perpetual contracts on Coinbase International's platforms is a positive development for both the exchange and its users. It provides traders with more options and flexibility, while also demonstrating the exchange's commitment to innovation and adaptation in the rapidly changing world of cryptocurrency trading.