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Margaret
@lovelovelove
The cryptocurrency derivatives exchange Coinbase International will launch perpetual contracts on altcoins before they are listed on the main platform. The platform will follow the example of competitors like Binance, Bybit, Bitget, and OKX by creating its own launchpad. “When the underlying token is launched on the corresponding spot exchanges, the instrument will convert to a standard perpetual contract,” the announcement stated. The product will be available to institutional investors through Coinbase International and retail traders through Coinbase Advanced. Initial margin for such contracts will be set at 50% or 2x leverage. The notional position limit will be $50,000 per token.
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