Coinbase Will Launch Dogecoin, Litecoin and Bitcoin Cash Futures Trading
According to Coinbase, the enduring popularity of Dogecoin suggests that it has transcended its origins as a meme and has become a significant presence in the cryptocurrency market.
In line with this, Coinbase plans to introduce futures trading for Dogecoin, along with Litecoin and Bitcoin Cash, as announced in three separate letters to the CFTC on March 7.
The letters state that the futures products could potentially be listed on the platform before receiving official approval from the CFTC, as Coinbase will use the “self-certification” method and comply with regulatory guidelines.
In the letter specifically concerning the Dogecoin futures, Coinbase Derivatives requested self-certification for the product’s initial listing on its platform by April 1, 2024.
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