Breaking: Coinbase International Launches Pre Launch Trading

American cryptocurrency exchange Coinbase has officially declared its support for pre-launch markets on Coinbase International Exchange and Coinbase Advanced.

Coinbase Debuts New Market Strategy

This latest addition affords users the opportunity to trade new tokens before they are launched or released to the general public. Users can also participate in price discovery within a trusted and secure platform. Precisely, they could speculate on the price of the new token even before it goes live.

We’re excited to announce support for pre-launch markets on Coinbase International Exchange and Coinbase Advanced. Trade new tokens before they launch and participate in price discovery, all within a trusted and secure platform. pic.twitter.com/rJ3eclyHDC

— Coinbase International Exchange (@CoinbaseIntExch) June 17, 2024

It is worth noting that pre-launch markets are significantly different from standard perpetual futures markets. One of the clear-cut differences is that the former offers unique considerations to users but also poses high risks. Therefore, institutional and retail investors are advised to trade with caution after fully understanding the risks involved.

Those who do not grasp the intricacies involved in pre-launch markets are encouraged to steer clear of the new Coinbase offering.

The first pre-launch listing is scheduled to go live on Monday after which interested users can interact with the tokens. Institutional investors can utilize the Coinbase International Exchange platform while retail traders goes through the Coinbase Advanced route.

This launch is a testament to the exchange’s dominance in the US market after series of altcoin listing thus far this month.

This is a Breaking News, please check back for updates!!!

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