Exciting news from Coinbase! ๐ They just launched futures contracts for Silver and Stellar! ๐ฅโจ This gives traders more options, especially those looking to branch out into the wider world of investing.
With retail-friendly sizesโ50 troy ounces for Silver and 5,000 tokens for Stellarโanyone can get involved, regardless of their experience. ๐ค Coinbase wants to combine traditional assets like silver with digital assets to give traders more options.
Why silver? ๐ธ Because silver, similar to gold, can be a solid hedge. Stellar is also known as a cheap and reliable alternative for international transactions. ๐ต By combining these two assets, Coinbase hopes to attract more traders who want to manage risk and try new investment strategies.
But, itโs not all good news! ๐จ There has been controversy over the cost of listing tokens on Coinbase after Justin Sun of Tron claimed that Coinbase is charging a total of $330 million for listing Tron. ๐ฐ This has led people to doubt Coinbaseโs claim of a free listing.
If true, it could lead to many people being disappointed and switching to decentralized platforms, which have seen more transaction volumes lately. ๐ This could be an interesting trend in the crypto world! So, stay tuned and do your research before investing! ๐
