Coinbase衍生品已引入XRP期貨合約

如果您正在關注加密貨幣市場的發展，您可能會注意到，Coinbase衍生產品已將XRP期貨合約引入其美國衍生品交易所。

Coinbase Derivatives has begun offering futures contracts on XRP in its US derivatives exchange, according to a report by CC.

根據CC的一份報告，Coinbase衍生品已開始在其美國衍生工具交換中提供XRP的期貨合約。

Coinbase’s move expands on the existing futures trading options available to investors and traders. It also follows a trend of regulated platforms providing new ways to engage with digital assets like XRP.

Coinbase的舉動擴展了投資者和交易者可用的現有期貨交易方案。它還遵循了一個受監管平台的趨勢，該平台提供了與XRP這樣的數字資產互動的新方法。

But what exactly are XRP futures, and how can you get involved?

但是XRP期貨到底是什麼，您如何參與？

What are XRP futures?

什麼是XRP期貨？

XRP futures are standardized financial contracts that permit you to agree to buy or sell XRP at a predetermined price on a specific future date.

XRP期貨是標準化的財務合同，可讓您同意在特定的未來日期以預定價格購買或出售XRP。

Instead of trading the actual token, you’ll be trading a contract that tracks the price of XRP.

與其交易實際令牌，您將交易跟踪XRP價格的合同。

These contracts are structured and overseen by the US Commodity Futures Trading Commission (CFTC), adding a level of oversight and organization that appeals to many investors.

這些合同是由美國商品期貨交易委員會（CFTC）結構和監督的，增加了對許多投資者的監督和組織的水平。

On April 3, Coinbase Derivatives filed with the CFTC to self-certify XRP futures contracts, and the contracts were launched on April 21.

4月3日，Coinbase衍生工具向CFTC提交了自我認證XRP期貨合約，並於4月21日啟動了合同。

Types of XRP futures contracts offered by Coinbase

Coinbase提供的XRP期貨合約的類型

Coinbase’s offering includes Nano XRP futures, which represent 500 XRP per contract and are cash-settled in US dollars. These are designed for retail traders and smaller institutions, offering lower capital requirements while still providing exposure to XRP price movements.

Coinbase的產品包括Nano XRP期貨，該期貨代表每份合同500 XRP，並以美元現金分配。這些是為零售商人和較小的機構設計的，提供了較低的資本需求，同時仍提供XRP價格變動。

Standard XRP futures, on the other hand, cover 10,000 XRP per contract, are also settled in USD, and are aimed at larger institutions and active traders.

另一方面，標準的XRP期貨覆蓋了每份合同10,000 XRP，也定為美元，並針對較大的機構和活躍的商人。

This variety allows you to choose a position size that matches your risk tolerance and investment strategy.

這種品種使您可以選擇與風險承受能力和投資策略相匹配的位置大小。

Both Nano and Standard XRP futures are instruments that let you trade based on the price of XRP—but you don’t actually own or receive any XRP. You’re trading contracts that track XRP’s price.

Nano和Standard XRP期貨都是可讓您根據XRP的價格進行交易的工具，但實際上您實際上並沒有擁有或接收任何XRP。您正在交易跟踪XRP價格的合同。

And, when the contract closes, the difference between your entry and exit price is calculated (profit or loss) and settled in USD—hence the term “cash-settled.”

而且，當合同截止時，您的入境和退出價格之間的差額（損益或損失）並以美元和解，因此“現金分配”一詞。

Both types of futures are available on Coinbase’s derivatives exchange, which offers more than 20 futures contracts on assets such as Bitcoin (BTC), Ether (ETH), Dogecoin (DOGE), Solana (SOL), Chainlink (LINK) and Stellar (XLM).

兩種期貨都可以在Coinbase的衍生品交易所可用，該交易所提供了20多個期貨合同，例如比特幣（BTC），Ether（Eth），Dogecoin（Doge），Solana（Sol），Chainlink（link）和Stellar（XLM）。

Why choose XRP futures contracts over buying XRP?

為什麼選擇XRP期貨合約而不是購買XRP？

You might be wondering why someone would choose futures over simply buying XRP on the spot market.

您可能想知道為什麼有人會選擇期貨，而不是僅在現貨市場上購買XRP。

Here are a few reasons:

以下幾個原因：

* Leverage: Futures often allow you to control a large position with a relatively small amount of capital. While this can amplify gains, it also increases potential losses.

*槓桿：期貨通常使您可以用相對較少的資本來控制一個大職位。儘管這可以擴大收益，但也增加了潛在的損失。

* Hedging: If you already hold XRP and expect short-term volatility, futures can be used to protect your portfolio.

*對沖：如果您已經持有XRP並期望短期波動率，則可以使用期貨來保護您的投資組合。

* Speculation: Futures allow you to take both long (bullish) and short (bearish) positions, so you can potentially benefit from market moves in either direction.

*猜測：期貨使您可以同時佔據很長的（看漲）和短（看跌）職位，因此您可以從任何一個方向上的市場轉移中受益。

* No wallet or storage needs: Buying XRP requires a secure wallet and managing private keys, which carries risks like hacking or loss. Futures contracts are financial instruments traded on exchanges, eliminating the need for direct XRP custody.

*沒有錢包或存儲需求：購買XRP需要一個安全的錢包和管理私鑰，該鑰匙帶有黑客或損失等風險。期貨合約是交易所交易的金融工具，消除了直接XRP監護的需求。

* Liquidity and accessibility: Futures markets often have high liquidity, making it easier to enter and exit positions. Some exchanges offer XRP futures with lower barriers than buying XRP on certain crypto platforms, especially in regions with regulatory restrictions.

*流動性和可及性：期貨市場通常具有很高的流動性，從而更容易進入和退出職位。某些交易所提供的XRP期貨與在某些加密平台上購買XRP相比，尤其是在有監管限制的地區。

* Cash settlement: Many XRP futures are cash-settled, meaning you settle profits or losses in fiat or stablecoins without handling XRP itself, simplifying the process for traders avoiding crypto custody.

*現金和解：許多XRP期貨都是現金分配的，這意味著您在不處理XRP本身的情況下解決了菲亞特或穩定的損失，從而簡化了避免加密貨幣的交易者的過程。

When to choose futures contracts:

何時選擇期貨合約：

* You want to trade XRP price movements with leverage or flexibility to go long or short.

*您想以槓桿或靈活性來交易XRP價格變動，以使其長或短。

* You prefer not to deal with crypto wallets or custody.

*您不想處理加密錢包或監護權。

* You’re hedging an existing XRP position or portfolio.

*您正在對沖現有的XRP位置或投資組合。

* You’re comfortable with the risks and complexities of derivatives.

*您對衍生物的風險和復雜性感到滿意。

When to buy XRP:

什麼時候購買XRP：

* You believe in XRP’s long-term value and want to hold it as an investment.

*您相信XRP的長期價值，並希望將其視為一項投資。

* You plan to use XRP for transactions or in its ecosystem (e.g., Ripple’s payment network).

*您計劃將XRP用於交易或其生態系統（例如Ripple的支付網絡）。

* You want to avoid the risks of leverage and futures margin calls.

*您想避免槓桿和期貨保證金的風險。

Ultimately, futures suit active traders or those seeking leveraged exposure, while buying XRP could be ideal for long-term holders or users of the asset. You must always assess your risk tolerance and goals before deciding whether to invest in XRP or XRP futures.

最終，期貨適合活躍的交易者或尋求槓桿風險的人，而購買XRP可能是資產的長期持有人或用戶的理想選擇。在決定是否投資XRP還是XRP期貨之前，您必須始終評估自己的風險承受能力和目標。

Where to invest in XRP futures

在哪裡投資XRP期貨

If you’re looking to invest in XRP futures, several platforms offer access depending on your location and trading needs.

如果您想投資XRP期貨，則幾個平台可根據您的位置和交易需求提供訪問權限。

Kraken Futures provides XRP futures with leverage. In Australia, access is limited to wholesale clients through Beaufort Fiduciaries Pty Ltd (AFSL no. 545124). In the United Kingdom, only clients classified as Professional Clients under Financial Conduct Authority rules can trade through Crypto Facilities Limited (FRN: 757895).

Kraken Futures為XRP期貨提供了槓桿作用。在澳大利亞，訪問僅限於通過Beaufort Fatuciaries Pty Ltd（AFSLNo。545124）的批發客戶。在英國，只有根據金融行為管理局規則歸類為專業客戶的客戶才能通過加密設施有限公司（FRN：757895）進行交易。

Binance offers XRPUSDT perpetual futures contracts, allowing users to trade XRP without an expiry date

Binance提供XRPUSDT永久期貨合約，允許用戶在沒有到期日期的情況下交易XRP