Coinbase will sell bitcoin futures on a derivatives market
A big US exchange called Coinbase will start selling “Nano” (BIT) bitcoin futures contracts the week after next. This is because Coinbase recently bought a platform to get into the lucrative crypto derivatives market.
Each contract provided by retail third-party brokers will be worth 1/100th of a bitcoin. A business blog post on Thursday said that they will start trading on the Coinbase Derivatives Exchange, which used to be called FairX, on June 27.
FairX, a derivatives exchange licensed ...