Harness the Potential of Coinbase’s New Nano Oil and Gold Futures on NinjaTrader
Discover how to trade Coinbase's nano oil and gold futures directly on TradingView through CrossTrade, offering portfolio diversification, leverage opportunities, and seamless access to the energy and precious metals markets.
The trading landscape is constantly evolving, with innovative products and technologies offering new ways to engage with the markets. Among the latest developments are Coinbase's nano oil and gold futures contracts, which provide fresh opportunities for traders to diversify their portfolios and explore the energy and precious metals markets.
While these cutting-edge contracts are offered through NinjaTrader, CrossTrade provides you with seamless access to these products directly via TradingView.
Why Consider Nano Oil and Gold Futures?
Whether you're an experienced trader seeking to expand your portfolio or a newcomer looking to tap into accessible trading opportunities, understanding the advantages of Coinbase's nano oil and gold futures contracts is essential. Here’s what these contracts bring to the table:
- Greater Accessibility: Access the oil and gold markets without needing large capital investments or dealing with the logistics of physical storage. These contracts offer a convenient entry point for all traders.
- Portfolio Diversification: Incorporating nano oil and gold futures into your trading strategy introduces uncorrelated assets, helping to manage risk and potentially enhance overall portfolio performance.
- Leverage Opportunities: Utilize leverage to amplify your potential returns, while being mindful that it also increases the risk of potential losses.
- Nearly Round-the-Clock Trading: Benefit from almost 24/6 trading, enabling you to respond quickly to market developments and news.
Nano Oil Futures Contract Specifications
Coinbase nano crude oil futures are standardized contracts representing 10 barrels of crude oil. These contracts are financially settled, meaning traders speculate on price movements without handling the physical commodity.
- Symbol: NOL
- Contract Size: 10 barrels
- Tick Size: $0.01 per 10 barrels / $0.10 per contract
- Listed Contracts: The three nearest monthly contracts
- Last Trading Day: 2:30 pm ET, four business days before the 25th calendar day of the month prior to the contract month
- Settlement: Financially settled in USD
Gold Futures Contract Specifications
Coinbase gold futures represent one troy ounce of gold, ideal for traders looking to speculate on gold prices without dealing with the physical metal. Like the oil futures, these contracts are financially settled.
- Symbol: GOL
- Contract Size: 1 troy ounce / $0.10 per contract
- Tick Size: $0.10 per troy ounce
- Listed Contracts: The three nearest active monthly contracts (February, April, June, August, December)
- Last Trading Day: 1:30 pm ET, three trading days before the contract month
- Settlement: Financially settled in USD
Trading Nano Oil and Gold Futures via CrossTrade
While these innovative nano oil and gold futures are available through NinjaTrader, you can trade them directly on TradingView using CrossTrade. Our platform connects you to NinjaTrader, offering advanced charting, technical analysis tools, and automated trading features. With CrossTrade, you can efficiently manage and execute your trades on these exciting new contracts.
Coinbase’s nano oil and gold futures represent exciting opportunities for traders interested in the energy and precious metals markets. Start trading them today via CrossTrade, and take your strategy to the next level.
