Recently listed Fintech Webull (NASDAQ: BULL) is expanding its crypto futures offering via a partnership with Coinbase Derivatives, a registered Commodity Futures Trading Commission (CFTC) platform. US-based users will now be able to trade futures contracts for Dogecoin (DOGE), Nano XRP, Nano Solana, Litecoin (LTC), XRP (XRP), and Solana (SOL).
Webull launched futures and commodities trading in March of 2024.
Boris Ilyevsky, Head of Coinbase Derivatives Exchange ,said they are expanding their product suite while reporting record volumes and open interest on crypto assets.
Since smaller contracts require much less upfront margin to open a new position, Webull users can choose contracts and upfront commitments that are said to align with their investing goals.
Coinbase Derivatives offers 23-hours-a-day, 6-days-a-week, trading.
Launched in 2018 and reporting over 23 million users, Webull says its competitive advantage is offering retail investors in markets across the globe an “intuitive user experience and extensive functionality constructed to help customers build wealth over time.”
Webull became a public firm via a SPAC deal this past spring.
