Navigating the World of Technolgoies
A futures contract is a standardized legal agreement to buy or sell a specific asset, such as commodities, currencies, or financial instruments, at a predetermined price on a specified future date. These contracts are traded on exchanges and are used by investors and companies primarily for hedging or speculative purposes. The main features of a futures contract include the agreement to deliver (or accept delivery of) the asset, the specified maturity date, and the price agreed upon at the contract’s inception. Futures contracts enable parties to manage the risk associated with price fluctuations of the underlying asset.
Coinbase Derivatives is gearing up to introduce a regulated futures contract for the cryptocurrency known as Shiba Inu. The product, called the 1k Shib Futures (SHB), is slated for release on the platform starting July 15, 2024, aiming to present a new investment opportunity for traders in the dynamic crypto market. The SHB Futures Contract […]
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