Key Takeaways
According to BlockchainReporter, Coinbase Wallet launched Pulse Mode, offering a simplified interface for mobile perpetual futures trading.
According to BlockchainReporter, Coinbase has launched Pulse Mode, a simplified mobile interface designed for perpetual futures trading. The feature was introduced shortly after Coinbase renamed its Base App back to Coinbase Wallet. According to BlockchainReporter, Pulse Mode allows eligible users to execute leveraged long and short positions directly within the self-custodial wallet application without needing to switch to a separate platform.
BlockchainReporter noted that Coinbase CEO Brian Armstrong announced the new feature in a September 12 post on X. The rollout is being deployed gradually based on user eligibility. Coinbase has not yet released detailed fee schedules, regional availability requirements, or leverage limits for the feature.
BlockchainReporter reported that this launch is part of a broader push into derivatives by Coinbase. Additional recent initiatives include bitcoin-backed mortgages developed in partnership with Better, along with filings with the U.S. Securities and Exchange Commission to offer single-stock perpetual futures to U.S. investors. Pulse Mode represents the mobile wallet's first major consumer-facing step into decentralized leveraged products.
Source & Fact-Check Note
This report is synthesized from coverage by BlockchainReporter. Information has been fact-checked and structured for market clarity by CoinQuickly’s research desk.
Read original article at BlockchainReporter ↗
