Coinbase launched 'Pulse Mode.' This new feature within its mobile Coinbase Wallet simplifies perpetual futures trading. CEO Brian Armstrong announced the update. Pulse Mode offers users a streamlined interface. Users can open and manage leveraged long or short positions directly from the self-custodial wallet. The feature reflects a renewed focus on multichain trading within the wallet. The wallet recently reverted from its 'Base App' branding.
Pulse Mode aims to enhance derivatives trading accessibility on mobile devices. The company confirmed the feature supports perpetuals. It also supports other assets, including crypto and tokenized stocks. Specific details on leverage limits, fee structures, or regional availability remain unreleased. This initiative aligns with Coinbase's strategy. The strategy involves expanding its offerings in derivatives and tokenized assets.