Polkadot (DOT) now listed on Coinbase, adds perpetual futures contracts
Blockchain project Polkadot (DOT) has secured a new exchange listing on Coinbase, one of the leading global cryptocurrency exchanges. Coinbase recently announced the launch of perpetual futures contracts for DOT, alongside two other cryptocurrencies, on its international and advanced trading platforms.
The addition of Polkadot to the Coinbase trading platform marks another significant development for the cryptocurrency. Coinbase users can now engage in full-trading mode for DOT perpetual futures contracts, enabling them to execute various order types, including limit, market, stop, and stop limit orders.
Polkadot (DOT) joins an esteemed list of virtual currencies, including XRP, Dogecoin (DOGE), Solana (SOL), Optimism (OP), Arbitrum (ARB), and Ethereum Classic (ETC), that have also been listed as perpetual futures on Coinbase International.
Coinbase International, available exclusively to non-U.S. users in specific jurisdictions, had previously introduced Bitcoin (BTC) and Ethereum (ETH) perpetual futures contracts since its launch in Bermuda in May 2023. Now, the platform has expanded its offerings to include DOT perpetual futures, along with Internet Computer (ICP) and NEAR Protocol (NEAR), recently added to its futures contracts lineup. Coinbase International also reported a significant milestone, exceeding $1 billion in notional contract volume traded within 24 hours for its perpetual futures offerings.
This latest listing on Coinbase further strengthens Polkadot‘s position in the competitive cryptocurrency market. As the blockchain industry continues to gain traction, the addition of perpetual futures for DOT on Coinbase provides users with more opportunities to engage in strategic trading activities using this popular digital asset.
Analyst comment
Positive news: Polkadot (DOT) being listed on Coinbase and the addition of perpetual futures contracts for DOT on the platform will likely result in increased trading volume and liquidity for the cryptocurrency. This listing further strengthens Polkadot’s position in the market and provides users with more opportunities for strategic trading.
