Coinbase has launched regulated cryptocurrency futures trading for its Advanced users in 26 European countries. The new service, offered through the platform’s MiFID-regulated entity, provides cash-settled contracts for assets like Bitcoin and Solana. It aims to offer a regulated alternative to the unregulated derivatives markets commonly used by European traders.
Coinbase introduced regulated futures trading in 26 European countries. The service is available for its Advanced users in nations including Germany, France, and the Netherlands.
The futures products are offered by Coinbase’s MiFID-regulated entity. Initial contracts include Bitcoin, Solana, and equity index futures.
The company announced a phased introduction of the futures products. Eligible users in supported countries will gain access over time.
The company stated that European traders commonly use unregulated markets for crypto derivatives. The new service aims to offer a regulated alternative within its existing platform.
Users must pass an eligibility test and know-your-customer verification. They can fund accounts with euros or the stablecoin USDC.
Coinbase introduced two types of cash-settled futures contracts. The first are perpetual-style contracts with a five-year expiry and hourly funding.
The second category is dated futures contracts expiring monthly or quarterly. These are marked daily using official settlement prices.
The company has introduced various instruments with leverage up to 10 times. Other contracts have leverage levels varying between 4x and 5x.
Coinbase’s fees for its futures products begin at 0.02%. The company stated this is aimed at ensuring wider access.
Coinbase stated it is listing Mag7 + Crypto Equity Index Futures as part of its available products. The index mixes technology stocks with crypto assets.
The exchange described the launch as part of an expansion plan to create an “exchange for everything.” This involves providing more financial services within its application.
The firm stated that Europe is building better rules around digital assets. It referred to improving regulatory clarity across the region.
