Digital Currency / Investing
Add as a preferred source on GoogleCOINUSDT is a Binance equity perpetual that tracks Coinbase Global common stock; holding the contract does not confer share ownership.
Binance's COINUSDT perpetual gives traders round-the-clock exposure to Coinbase's stock price through a derivative, while the contract itself confers no ownership of Coinbase common shares.
Trading started at 10 a.m. ET (15:00 UTC) on Feb. 9. Leverage is available up to 10x.
Binance lists COINUSDT as available 24/7 and identifies Tether (USDT) as its settlement asset.
Robinhood received about $45.93 million, while average daily tokenized-stock trading volume rose 22-fold from July to September.
Bitcoin funds remained net positive for the seven days through Oct. 21 despite a 403 BTC daily outflow; Ether funds recorded withdrawals in both periods.
The reported 24-hour move was -0.02%; the contract’s 20-day simple moving average was $196.12.
