Cryptocurrency exchange Coinbase introduces perpetual futures to the American market.
In a significant move for the U.S. crypto market, Coinbase Financial Markets (CFM) has announced the launch of CFTC-regulated perpetual futures contracts for nano Bitcoin (BTC-PERP) and nano Ether (ETH-PERP) starting July 21, 2025.
This development marks a significant step towards regulatory clarity and broader participation from both institutional and retail investors in the U.S. market. The new contracts are designed to offer long-term exposure with greater capital efficiency, aligning the U.S. market with global standards where perpetual futures account for about 90% of bitcoin derivatives trading volume.
To access these innovative derivatives, traders need to sign up for a Coinbase account by clicking "Get Started" on the Coinbase website. Once approved, they can begin trading perpetual futures through CFM, which is a subsidiary of Coinbase dedicated to providing a secure and regulated environment for trading derivatives.
Perpetual futures eliminate the need to navigate monthly expiration dates, offering continuous trading opportunities without the need to roll over contracts. Additionally, users can trade with up to 10x intraday leverage for crypto contracts, offering higher flexibility and potential returns. Trading fees start at 0.02% per contract, with a minimum of $0.15 to cover exchange and clearing costs.
The launch of these CFTC-regulated contracts also provides U.S. traders with enhanced options for portfolio diversification and risk management, previously unavailable due to regulatory barriers. This move is expected to redefine the U.S. crypto market landscape, bringing it in line with global trends and offering a more sophisticated trading experience for investors.
Existing Coinbase account holders can apply to trade derivatives with CFM. As the market evolves, it is expected that more products and features will be introduced, further strengthening Coinbase's position as a leading player in the crypto derivatives space.
[1] Perpetual futures dominate 90% of global crypto trading volumes. [2] Trading perpetuals through CFM places traders in a CFTC-regulated environment. [3] To trade perpetual futures through CFM, traders must have an existing Coinbase account. [4] The contracts offer up to 10x leverage. [5] U.S. traders can access up to 10x intraday leverage for crypto perpetual futures and up to 20x intraday leverage for metals futures.
[1] In line with global trends, the new perpetual futures contracts for nano Bitcoin and nano Ether by Coinbase Financial Markets (CFM) cover approximately 90% of the crypto trading derivatives volume.
[2] To trade within a secure and regulated environment, traders can access these innovative derivatives by signing up for a Coinbase account and using CFM, a subsidiary of Coinbase dedicated to derivative trading.
