Coinbase International has announced its support for pre-launch markets, a platform that allows traders to trade perpetual futures contracts for tokens that are yet to launch. This feature offers traders the opportunity to participate in price discovery of upcoming projects within a secure environment. Pre-launch markets also carry unique considerations and elevated risks, including lower liquidity, higher volatility, and increased liquidation risk. Currently, pre-launch markets are available to Coinbase users in eligible jurisdictions outside of the US, UK, and Canada. Users are encouraged to stay tuned for more updates on the first pre-launch market, which Coinbase International promises will be announced soon.
Source: Bitcoin