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Coinbase Advanced sees 191% trading volume growth driven by derivatives in 2024

Coinbase Advanced achieved a remarkable 191% rise in trading volume, driven by a surge in derivatives. Users jumped by 77%, highlighting growing interest in crypto trading following the U.S. Political changes and enhanced product offerings.

The derivatives market grew significantly, with 3 trillion USD in monthly trading volumes by September 2024. Futures products introduced by Coinbase, including those linked to various cryptocurrencies and traditional assets, expanded opportunities for traders.

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