Coinbase CEO Praises XRP Perpetual Futures Launch as Major Milestone

The launch of XRP perpetual futures received strong endorsement from Coinbase’s chief executive, highlighting it as significant progress for the cryptocurrency market.

XRP

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Terms & Concepts
  • Perpetual Futures: A type of futures contract with no expiration date, allowing traders to hold positions indefinitely while paying or receiving funding fees.
  • XRP: The native digital asset of the Ripple network, used for fast and low-cost cross-border payments.
  • Coinbase: A leading cryptocurrency exchange based in the United States, providing trading and custody services for digital assets.