Coinbase Acquires Fairx Exchange to Make Derivatives Market Approachable for Millions of Retail Customers – Exchanges Bitcoin News

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“We want to make the derivatives market more approachable for our millions of retail customers by delivering an easy-to-use user experience that Coinbase is known for.” cryptocurrency bitcoin

Coinbase Acquires Fairx Exchange to Make Derivatives Market Approachable for Millions of Retail Customers

Fairx is regulated by the Commodity Futures Trading Commission as a derivatives exchange or Designated Contract Market . Coinbase further noted, “Deep and liquid derivatives markets are essential to the functioning of traditional capital markets,” elaborating:

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