XRP Futures Go Live for US Traders on Webull With Coinbase Derivatives Platform

CN
12 hours ago

Crypto derivatives trading continues to accelerate as major platforms expand their regulated product suites. Crypto exchange Coinbase (Nasdaq: COIN) and online investment platform Webull Financial LLC (Nasdaq: BULL) announced on Oct. 30 the broadening of Webull’s crypto futures lineup through their ongoing collaboration. The expansion allows Webull users in the U.S. to trade futures contracts for XRP, Nano XRP, solana ( SOL), Nano solana, litecoin ( LTC), and dogecoin (DOGE) via Coinbase Derivatives, a Commodity Futures Trading Commission (CFTC)-registered exchange.

Anthony Denier, group president and U.S. CEO of Webull, commented:

Webull users are always looking for smart ways to diversify and manage risk, especially in markets that move as quickly as crypto.

He noted that the continued partnership with Coinbase Derivatives enables the firm to “deliver more opportunities for our customers to invest with confidence while providing them with the tools to navigate the evolving digital asset landscape.”

Boris Ilyevsky, head of Coinbase Derivatives Exchange, opined: “As we continue to expand our product suite and report record volumes and open interest in futures on major crypto assets as well as Alts, I am thrilled to see our partners at Webull Financial expand access to the crypto economy.”

By introducing smaller-sized contracts that require lower margins, Webull aims to make crypto futures trading more accessible and flexible for retail participants. As one of the first retail brokerages offering multi-exchange access, Webull continues to build out its futures platform to meet growing investor demand for diversified exposure to digital assets.

  • What is driving the surge in crypto derivatives trading?
    Expanding access to regulated futures products on major platforms like Coinbase and Webull is fueling rapid growth in crypto derivatives trading volume and investor participation.
  • How does Webull’s new crypto futures expansion benefit traders?
    The addition of smaller contracts and broader altcoin futures access allows traders to manage risk more effectively and enter markets with lower capital requirements.
  • What role does Coinbase Derivatives play in this partnership?
    Coinbase Derivatives provides a regulated exchange platform, ensuring compliant access and real-time data for Webull users trading crypto futures.
  • Why is retail demand for crypto futures growing so fast?
    Retail investors are seeking diversified digital asset exposure and flexible hedging tools amid a rapidly expanding crypto market ecosystem.

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