Coinbase launching perpetual contracts for two new assets, BOME and NOT. Trading for these contracts is slated to begin at or after 17:30 Beijing time on June 20
BOME and NOT are relatively new players in the cryptocurrency world, but they have quickly garnered attention for their unique characteristics and potential use cases.
- BOME: BOME is a digital asset designed to facilitate decentralized finance (DeFi) transactions. It offers features such as low transaction fees and high-speed transfers, making it an attractive option for DeFi enthusiasts.
- NOT: NOT, on the other hand, is a token developed for non-fungible token (NFT) marketplaces. It aims to streamline transactions within NFT platforms, providing a seamless and cost-effective solution for buying, selling, and trading NFTs
How to Trade BOME and NOT Perpetual Contracts
For those interested in trading BOME and NOT perpetual contracts on Coinbase International, here’s a step-by-step guide:
- Create an Account: If you don’t already have a Coinbase account, sign up and complete the verification process.
- Deposit Funds: Add funds to your account. Coinbase International supports various payment methods, including bank transfers and cryptocurrencies.
- Navigate to Perpetual Contracts: Go to the trading section and select the perpetual contracts for BOME or NOT.
- Place Your Trade: Choose whether you want to go long (buy) or short (sell) based on your market analysis. Set your leverage and margin requirements accordingly.
- Monitor Your Position: Keep an eye on your positions and market conditions. Adjust your strategy as needed to maximize profits or minimize losses.
