Coinbase International Exchange is preparing to expand its trading product line with the addition of perpetual futures on Solana (SOL) and Avalanche (AVAX).
Solana and Avalanche futures will be available on the Coinbase International Exchange and Coinbase Advanced.
The cryptocurrency exchange plans to launch the SOL-PERP and AVAX-PERP markets at 16:00 UTC on November 14, 2023, subject to optimal liquidity conditions.
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An innovative approach to the scalability and functionality of smart contracts has become a hallmark of Solana and Avalanche. In addition, the minimization of transaction costs and high speed of transaction processing offered by Solana and Avalanche have contributed to their growing popularity in the crypto field.
Coinbase's decision to launch perpetual futures contracts on Solana and Avalanche demonstrates its commitment to staying at the forefront of the rapidly evolving cryptocurrency environment, as well as its focus on providing its users with access to cutting-edge assets and trading tools.
In addition, the addition of the SOL-PERP and AVAX-PERP markets aims to attract traders and investors looking for new opportunities for profit and portfolio diversification.
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