Back

Coinbase International to Launch Perpetual Contracts for GMT, OMNI, and SNX

Coinbase International expands its derivatives portfolio by launching perpetual contracts for GMT, OMNI, and SNX, offering users increased trading flexibility and exposure to more crypto assets.

SNX

Summary

Coinbase International Exchange has launched perpetual contracts for GMT, OMNI, and SNX, enhancing its derivatives offerings. Traders now have access to new markets on Coinbase International Exchange and Coinbase Advanced, with various order types available, including limit, market, stop, and stop-limit orders.

Terms & Concepts
  • Perpetual Contracts: A type of futures contract without an expiration date, allowing traders to hold positions indefinitely while paying or receiving funding fees.
  • GMT: The native token of STEPN, a move-to-earn application that combines fitness and blockchain incentives.
  • SNX: The native token of Synthetix, a protocol enabling the issuance of synthetic assets on blockchain networks.