Coinbase rolls out crypto futures trading across 26 European countries
Summary
Coinbase has initiated the rollout of crypto futures contracts to eligible traders across 26 European countries, marking its first direct offering of such derivatives in the region through Coinbase Advanced. The new products include perpetual-style futures with five-year expiries and hourly funding, as well as dated contracts with monthly or quarterly expirations that are cash-settled daily. Traders can access leverage up to 10x on select contracts like bitcoin and ether. To trade, eligible customers must complete verification checks, including trading experience and KYC, and can fund accounts using euros or USDC. This launch aligns with Coinbase's broader strategy to build an "exchange for everything," which also includes adding stock trading in the U.S. and exploring traditional finance integration.
(Source:The Block)