Amid the precious-metals rally… Coinbase launches copper and platinum futures

Source
JOON HYOUNG LEE

Summary

  • U.S. cryptocurrency exchange Coinbase said it will support trading in copper and platinum futures.
  • Coinbase said users can trade copper and platinum with less initial capital to gain exposure to two industrial metals alongside gold and silver.
  • Binance and Coinbase said they are expanding precious-metals futures trading by rolling out gold and silver futures products in quick succession.
Photo=Shutterstock
Photo=Shutterstock

U.S. cryptocurrency exchange Coinbase will support trading in copper and platinum futures.

On the 27th (local time), Coinbase said via its official X account that it would launch copper and platinum futures products. Coinbase said, “With less initial capital on Coinbase, you can trade copper and platinum and gain exposure to the two most important industrial metals alongside gold and silver.”

Coinbase is not the only platform supporting precious-metals futures trading. As precious-metals prices have continued to rally, crypto exchanges including Binance have recently been rolling out related futures trading in quick succession.

Binance has launched gold and silver futures products one after another this month. Coinbase also supports gold and silver futures trading.

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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