Cardano and Natural Gas futures are coming to Coinbase

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The heavyweight champ of U.S. crypto exchanges, is shaking things up again.

This time, they’re sailing onto uncharted waters by launching futures contracts for both Cardano and Natural Gas. Crypto meets energy.

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It’s like mixing peanut butter and jelly, but for traders.

New trading opportunities

Coinbase Derivatives has filed paperwork with the CFTC to self-certify these futures contracts. What does that mean?

Basically, unless the CFTC throws a flag on the play, these products are set to go live on March 31. Mark your calendars because this could be a game-changer.

Now, let’s talk about Cardano. ADA isn’t just another crypto coin, it’s a blockchain superstar from the top10 list, known for its focus on sustainability, scalability, and security.

It’s got a growing fan base in decentralized finance, NFTs, and even enterprise blockchain solutions.

Adding ADA futures to Coinbase’s lineup is like putting a star quarterback on an already solid team.

These futures will let traders bet on ADA’s price without actually owning it—perfect for risk management or those high-stakes leveraged plays.

Energy industry

And the cherry on the topping is Coinbase isn’t stopping at crypto. They’re also rolling out Natural Gas futures. Why?

Because natural gas is a big deal in global markets, think heating homes, powering industries, and driving economies.

By offering NGS futures, Coinbase is stepping into traditional finance territory and taking on the big boys of energy trading.

Diversification

This move comes as part of Coinbase’s strategy to diversify its offerings and stay ahead in a competitive market.

They’ve already launched Solana and Hedera futures not so long ago, so this isn’t their first rodeo.

With these new additions, they’re wanting to attract everyone from retail traders to institutional investors.

The timing couldn’t be better either. Futures trading accounts for over 75% of global crypto trades because of the leverage it offers.

And with regulatory clarity improving in the U.S., Coinbase is positioning itself as the platform for both crypto and traditional futures.

Have you read it yet? Sony and LINE join forces

Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

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