Traders in the United States will soon be able to trade binary options tied to the shares of Coinbase, Robinhood and Marathon. The contracts will let market participants bet on whether the stocks reach preset target levels. The three companies involved are the crypto exchange Coinbase, fintech firm Robinhood and Bitcoin miner Marathon. Their stock tickers are COIN, HOOD and MARA, respectively. The update was reported by CoinDesk and republished in a news brief by Odaily.
Traders will soon be able to access binary options in the U.S. market. The contracts will be based on whether the shares of crypto exchange Coinbase, fintech company Robinhood, and Bitcoin mining firm Marathon reach preset target levels.
The companies’ stock tickers are COIN, HOOD, and MARA, respectively. CoinDesk reported the development.
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