Huge Feature: Cryptocurrency Exchange Will Now Offer Unreleased Coins!

Coinbase took a new step in the cryptocurrency world and announced that it has introduced the “pre-launch crypto market” feature on both the Coinbase International Exchange platform and the Coinbase Advanced service. Thanks to this feature, individual investors who meet the appropriate rules will now be able to invest in unreleased tokens and thus contribute to the price discovery of upcoming projects.

What does pre-launch cryptocurrency trading mean?

This innovation introduced by Coinbase allows investors to trade with perpetual futures contracts for tokens that have not yet been released. These contracts stipulate the delivery of the token at a certain date at a reasonable price. In this way, investors can potentially benefit from early rollover advantages by investing in tokens that are not currently on the market.

However, this new feature is only offered to investors who meet the appropriate conditions. Institutional investors will be able to access pre-launch crypto trading via Coinbase International Exchange. Personal investors will be able to benefit from this opportunity through the Coinbase Advanced platform. Investors on both platforms will now be able to open positions with a maximum of 2x leverage for unreleased tokens.

Risks to be aware of

Coinbase officials emphasize that the pre-launch crypto market operates differently from standard futures markets. Amidst these differences, there is a unique index pricing mechanism and conversion risk.

Additionally, the pre-launch crypto market poses significant risks such as lower liquidity, higher volatility and increased liquidation risk. These factors mean that volatility and potential losses may be greater than in standard markets. Investors need to determine appropriate investment strategies for themselves by taking these risks into account.

Coinbase and Fireblocks collaboration

Coinbase International Exchange had previously signed a partnership with Fireblocks Network to always offer futures and spot trading features to institutional and individual investors in selected regions. Fireblocks, a blockchain security service provider, specializes in the secure transfer, storage and issuance of crypto assets. Thanks to this collaboration, Coinbase International Exchange customers will be able to connect their accounts through the Fireblocks network.

Usman Naeem, CEO of Coinbase International Exchange, said in his statement: “As we continue to expand the services we offer for our corporate and personal customers, this collaboration underscores our commitment to providing a solid and robust trading infrastructure for our global customer base.”

cryptokoin.com As we reported, Coinbase International enables institutional investors outside the USA to invest in cryptocurrency always futures processes. This happened when the company offered derivative works to its customers in 2023. However, US investors will not be able to benefit from the pre-launch crypto trading feature as they cannot access the Coinbase International platform. This suggests that Coinbase is testing new features in markets with relatively less stringent regulations.