Coinbase Pushes Gold And Silver Trading Toward Always-On Markets

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR Coinbase has already launched gold and silver perpetual futures for eligible non-US traders. The company is also moving its regulated US gold and silver futures toward 24/7 availability through Coinbase Derivatives. The products provide derivatives exposure rather than physical bullion ownership. Coinbase is extending its “everything exchange” strategy into precious metals, using crypto-style derivatives infrastructure to make gold and silver increasingly available outside traditional market hours. The company already offers GOLD-PERP and SILVER-PERP contracts to eligible non-US traders and has been working to move its US-regulated commodity futures toward 24/7 trading. Metals Are Getting Crypto Market Hours Traditional commodities markets are highly liquid, but they still operate around established exchange schedules. Crypto traders are used to something different. Bitcoin and other digital assets trade continuously, including weekends and overnight periods when many conventional markets are closed. Coinbase’s metals push is an attempt to bring that always-on model to gold and...