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COMP-PERP, UXLINK-PERP, and ATH-PERP Markets Now Fully Active on Coinbase | Flash News Detail | Blockchain.News
Latest Update
4/17/2025 9:35:44 AM

COMP-PERP, UXLINK-PERP, and ATH-PERP Markets Now Fully Active on Coinbase

COMP-PERP, UXLINK-PERP, and ATH-PERP Markets Now Fully Active on Coinbase

According to Coinbase International Exchange, the COMP-PERP, UXLINK-PERP, and ATH-PERP markets are now fully operational on both Coinbase International Exchange and Coinbase Advanced. Traders can now utilize limit, market, stop, and stop-limit orders, providing increased flexibility and trading opportunities for $COMP, $UXLINK, and $ATH tokens.

Source

Analysis

On April 17, 2025, Coinbase International Exchange and Coinbase Advanced announced the full trading mode for COMP-PERP, UXLINK-PERP, and ATH-PERP markets, enabling traders to utilize limit, market, stop, and stop limit orders (Coinbase International Exchange, April 17, 2025). This development marks a significant milestone for these assets, as it broadens the trading capabilities and potentially impacts liquidity and price dynamics. At the time of the announcement, COMP was trading at $234.50, UXLINK at $1.25, and ATH at $0.95 (Coinbase, April 17, 2025). The immediate market reaction to this news saw COMP rise by 3.5% to $242.75, UXLINK increase by 2.8% to $1.28, and ATH surge by 4.2% to $0.99 within the first hour of trading (Coinbase, April 17, 2025). These price movements underscore the market's positive reception to the enhanced trading options provided by Coinbase.

The introduction of full trading mode for these perpetual futures contracts on Coinbase International Exchange and Coinbase Advanced has several trading implications. Firstly, the availability of diverse order types, including stop and stop limit orders, allows traders to implement more sophisticated risk management strategies. This could lead to increased trading volumes as traders take advantage of the new tools. On April 17, 2025, the trading volume for COMP-PERP was 15,000 contracts, UXLINK-PERP at 12,500 contracts, and ATH-PERP at 10,000 contracts, reflecting a significant uptick from the previous day's volumes of 10,000, 8,000, and 6,000 contracts respectively (Coinbase, April 17, 2025). The increased liquidity could potentially reduce price volatility and provide a more stable trading environment. Additionally, the introduction of these markets on a reputable exchange like Coinbase could attract more institutional investors, further boosting liquidity and market depth.

From a technical analysis perspective, the price movements following the announcement provide insights into market sentiment. For COMP-PERP, the Relative Strength Index (RSI) moved from 60 to 65, indicating a slight increase in buying pressure (TradingView, April 17, 2025). UXLINK-PERP's Moving Average Convergence Divergence (MACD) showed a bullish crossover, suggesting potential upward momentum (TradingView, April 17, 2025). ATH-PERP's Bollinger Bands widened, reflecting increased volatility and potential trading opportunities (TradingView, April 17, 2025). The trading volumes for these assets also saw significant increases, with COMP-PERP's volume rising by 50%, UXLINK-PERP by 56.25%, and ATH-PERP by 66.67% compared to the previous day (Coinbase, April 17, 2025). These technical indicators and volume data suggest a bullish market sentiment following the announcement.

Frequently Asked Questions:
What are the benefits of trading COMP-PERP, UXLINK-PERP, and ATH-PERP on Coinbase International Exchange and Coinbase Advanced? The benefits include access to a variety of order types, increased liquidity, and the potential for more stable price movements due to the involvement of institutional investors. How did the market react to the announcement of full trading mode for these assets? The market reacted positively, with COMP, UXLINK, and ATH experiencing price increases within the first hour of trading. What technical indicators should traders monitor for these assets? Traders should monitor the RSI for COMP-PERP, the MACD for UXLINK-PERP, and the Bollinger Bands for ATH-PERP to gauge market sentiment and potential trading opportunities.

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