Coinbase launches BTC and ETH derivatives trading in European market
Coinbase has announced the launch of futures trading for Coinbase Advanced users in 26 European countries. The products will be offered through the company’s licensed entity under the MiFID directive.
The new lineup includes futures on Bitcoin, Ethereum, and Solana, as well as index contracts, BeInCrypto reports.
Among them is the Mag7 + Crypto Equity Index Futures, which combines cryptocurrency assets with technology stocks. The launch covers major European markets, including Germany, France, and the Netherlands. The company aims to offer traders a regulated alternative to derivatives platforms with unclear legal status. This could attract some liquidity away from offshore crypto exchanges.
Traders can access leverage up to 10x
Depending on the instrument, traders will be able to use leverage ranging from 4x to 10x. The highest leverage will be available for the most liquid assets, including BTC and ETH. Futures trading fees may be as low as 0.02% per contract. This fee structure makes the product competitive with major derivatives platforms.
Coinbase has also introduced several types of contracts. These include cryptocurrency futures as well as index products linked to technology companies. The company expects the launch to expand retail trader participation in the regulated segment of the market.
Two types of futures contracts
The exchange offers two main types of cash-settled futures. The first type consists of contracts similar to perpetual futures but with a formal five-year term. They include an hourly funding mechanism and daily profit and loss settlement.
The second type is traditional futures with a fixed expiration date. These contracts may have monthly or quarterly maturity. They also undergo daily mark-to-market settlement and are cash-settled upon expiration. This structure is closer to traditional exchange-traded derivatives.
Coinbase aims to become a universal financial platform
The company describes the launch as part of its strategy to build a universal financial ecosystem. Coinbase refers to this concept as an “everything exchange,” where users can access a wide range of assets and financial instruments.
The platform is currently among the largest cryptocurrency exchanges in the world. It supports around 380 digital assets and more than 500 trading pairs. Expanding derivatives products is expected to strengthen the company’s presence in the European market. Coinbase also continues to add new services, including prediction markets recently launched for users in the United States.
Recently we wrote that the total cryptocurrency market capitalization is holding near $2.33 trillion, rising about 1.15% over the past 24 hours, while the Fear & Greed Index stands around 20, still reflecting cautious investor sentiment.
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