Coinbase Introduces Crypto Futures Trading for US Retail Investors
Coinbase, the leading US-based cryptocurrency exchange platform, has announced the launch of crypto futures trading for retail investors in the United States. The exchange revealed in a recent blog post that Coinbase Advanced customers in the US can now trade regulated leveraged crypto futures through Coinbase Financial Markets.
The futures contracts offered by Coinbase will be denominated as “nano contracts” and will have a size of 1/100 of a Bitcoin (BTC) and 1/10 of an Ethereum (ETH).
The exchange emphasizes that trading futures contracts with leverage carries significant risk, cautioning traders that they may lose more money than they initially invest.
To access the crypto futures trading service, traders are required to apply for Coinbase Financial Markets using their existing Coinbase account. However, initially, the service can only be accessed through a web browser, with plans to expand it to the mobile app in the near future.
Hot Take: Coinbase Expands Trading Options for US Retail Investors
Coinbase’s introduction of crypto futures trading for retail investors in the US marks another milestone in expanding its offerings. By providing regulated leveraged crypto futures, Coinbase aims to provide a more diverse investment option for a broader range of customers. However, it is crucial for traders to understand the risks associated with leverage and exercise caution while participating in these markets. With plans to bring this service to its mobile app soon, Coinbase continues to enhance its platform’s accessibility and user experience.
By
By
By
By
By