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Coinbase will soon add support for #Solana perpetual futures contracts on Coinbase International Exchange and Coinbase Advanced. Opening is expected to begin on or around 4 PM UTC on November 14, 2023, subject to liquidity conditions being met.

Woohooo! $SOL - also a PFO to Gary🤣

h/t to Sanjay for the 24/7 amazing research

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Comments

Anonymous

@James is this good or bad? Can you please explain?

Anonymous

This will be helpful for sol owners

Anonymous

If this leaked could it be the reason for the recent pump?

Anonymous

It's all happening for Solana. ETF probably inevitable

Anonymous

Maybe a video on this James - ‘futures killed the btc bull’ is a narrative & IDK how good or bad it it, too nuanced.

Anonymous

People can trade SOL perps on Drift already

Anonymous

Eager to see how this impacts recent #SOL price predictions.

Anonymous

Need James to do a video on what it means and how to protect your gains.

Anonymous

I see that on my Ledger Nano dashboard, they are now offering staking for SOL (7.88%) and ETH (4.08%). I have not staked before. Is the reward a good one... and is it relatively safe to stake on Ledger? I have not updated to allow for the "Ledger Recover" and do not intend to. My ledger stays in safety deposit box in Canada... relatively safe :)

Anonymous

So SOL will stick around for a long time now? Not worth selling unless I absolutely need money?

Anonymous

DataDash not too positive on crypto run thus far - certainly did not have too many good words to say about SOL? https://www.youtube.com/watch?v=DHKALBvvAzw&t=1040s - is his negativity warranted? I have quite a good SOL position - makes me worry when i hear others views!

Anonymous

There is the issues of declaring taxes on staking.

Anonymous

that's not leveraged though is it? on kucoin when I could use it (here in the usa wo KYC) there was up to 5x leverage

Anonymous

Thank you Sanjay and James!!