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Coinbase announced that futures and swaps trading are offered through Coinbase Financial Markets, a CFTC and NFA member, and clarified that sports contract trading is not available to clients in Nevada, Michigan, and Ohio.
Coinbase stated that its futures and swaps trading services are provided through Coinbase Financial Markets, which is a member of the CFTC and NFA. Clients were cautioned that trading these products involves the risk of total loss, and the information provided does not constitute investment advice. The announcement also specified that sports contract trading is not available to residents of Nevada, Michigan, and Ohio. No additional details on the scope or features of these offerings were provided.
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Coinbase is a cryptocurrency exchange accessible to users in over 100 countries, offering trading in a wide variety of digital assets such as Bitcoin, Ethereum, Litecoin, Ripple, and BitcoinCash. The platform is available via web and mobile applications for iOS and Android, and features offline storage for assets, free e-wallet and virtual card options, and educational resources that allow users to learn about cryptocurrency markets. For additional details about account types, analytical resources, and security measures, see the broker profile on Traders Union.
For additional context, see our previous Coinbase update on Traders Union, which discussed the broker's price decline amid persistent selling pressure and highlighted new regulatory achievements and technology upgrades.