Derivatives are coming to Coinbase, following purchase of FairX -Breaking
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Coinbase, the U.S.’s third largest crypto exchange (NASDAQ:), plans to trade derivatives after having purchased FairX.
FairX is a DCM (Designated Contract Market) derivatives market exchange that is regulated under the Commodity Futures Trading Commission. Despite being relatively new to the market, having launched in May 2021, FairX has secured brokerage partnerships with industry leaders TD Ameritrade and E*Trade, along with 18 others.
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