Coinbase Launches CFTC-regulated Perpetual Futures In The U.S.

Coinbase Financial Markets has introduced perpetual futures trading to U.S users. The platform is the CFTC-regulated arm of the leading crypto exchange, Coinbase. It is the first occasion where American retail traders can trade regulated perpetual contracts that are free of monthly expirations. The launch includes nano Bitcoin and Ether futures, requires separate approval, and has already lifted Coinbase’s stock price.

According to the Coinbase blog post, the new derivatives have no monthly expirations. Hence, traders can hold positions for up to five years. Users can also access intraday leverage of up to 10x for crypto contracts. For metals contracts like gold and silver, leverage goes up to 20x.

Trading fees start as low as 0.02% per contract, inclusive of exchange, clearing, and regulatory charges. A minimum charge of $0.15 per trade applies. These low fees position Coinbase as a competitive player in the U.S. derivatives landscape, which offshore platforms have traditionally dominated.

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