Coinbase Advanced Offers Perpetual Futures Trading for Select Non-US Customers

With the crypto derivatives market making up a staggering 75% of global crypto trading volume, there's an evident, strong demand for products like perpetual futures. This huge demand stems from the allure of margin trading, which allows for higher capital efficiency. With smaller initial investments, traders can dive into the crypto world and manage risk on their assets by going long or short.

Contents

01

Unified Interface for Spot and Derivatives Trading

02

Emphasis on Compliance and Trust

Unified Interface for Spot and Derivatives Trading

Coinbase Advanced has taken a significant step by introducing perpetual futures trading for its customers located in qualifying non-US territories. As of now, traders can indulge in four perpetual contracts, including BTC, ETH, LTC, and XRP. Each contract comes with its leverage offering - up to 5X for BTC, ETH, and LTC, and 3X for XRP. To top it off, all contracts are settled in the globally recognized stablecoin, USDC.

For those already invested or interested, Coinbase promises an attractive fee structure: a 0% maker fee and a mere 0.03% taker fee. These lucrative contracts can be accessed through advanced.coinbase.com, with mobile trading features in the development pipeline.

With this introduction, Coinbase Advanced now provides a harmonized platform for both spot markets and derivatives. Traders can not only access this integrated platform but also leverage advanced tools. These include sophisticated order types, insightful TradingView charts, and automation-friendly APIs.

Emphasis on Compliance and Trust

Gaining traders' trust in the world of crypto derivatives is no small feat. Presently, only a handful of trusted platforms provide the safety and transparency that traders require to confidently navigate the crypto space. Coinbase International Exchange stands tall among them, extending access to these perpetual futures contracts built on stringent compliance standards.

Understanding and catering to its customer needs has always been a priority for Coinbase. Feedback from Coinbase Advanced users pinpointed a clear need: access to advanced trading tools on a trustworthy platform. Addressing this, the platform now proudly offers perpetual futures, upholding its reputation as a secure and transparent trading hub.

In a statement, Coinbase emphasized its commitment to its advanced retail traders. They voiced their aim to keep refining the Coinbase Advanced platform, making it even more versatile and powerful. As they put it, “Coinbase Advanced [is] now a destination for both spot and derivatives trading, all from the most trusted name in crypto.”

For crypto enthusiasts and traders worldwide, these developments from Coinbase Advanced signal exciting times ahead in the world of digital currency trading.