Key Points
- Coinbase announced that 24/7 and Perpetual-style futures are coming for traders in the US.
- The exchange’s innovations will make US markets more accessible, competitive, and aligned with global standards.
Coinbase has just announced the next era of futures trading with its upcoming innovations for the US markets – 24/7 and Perpetual-Style Futures.
Coinbase Derivatives, a CFTC-regulated futures exchange will launch the first 24/7 Bitcoin and Ethereum futures contracts, offering US traders nonstop access to manage risks and take opportunities, according to the official announcement.
Coinbase Announces A New Era of US Futures Trading
In its official blog post, Coinbase revealed that derivatives are essential in global crypto markets, accounting for 75% of all total trading volume.
A lot of this activity takes place internationally where markets operate 24/7 and offer futures contracts that are not confined to traditional expires. The exchange notes that the US traders have been dealing with fixed market hours and expiring contracts so far, which triggered inefficiencies, especially for crypto traders.
This is why Coinbase Derivatives plans to make regulated futures markets more:
- Accessible
- Competitive
- Transparent
Unlocking 24/7 BTC and ETH Futures Access
To support traders who have been forced to sit on the sidelines during important market moves, Coinbase launches 24/7 access to BTC and ETH futures, allowing US traders to:
- Trade anytime – Traders won’t have to wait for markets to open, and futures markets will trade 24/7 just like spot markets.
- Access various contract sizes – Retailers and institutions can both access nano and large-sized contracts.
- Institutional-grade infrastructure – Coinbase’s partnership with Nodal Clear brings CFTC regulations, so Coinbase Financial Markets will offer seamless market access from the start.
Perpetual-Style Futures Benefits for US Traders
Coinbase also revealed in its official blog post that it’s working to bring Perpetual-Style Futures Contracts with long-dated expirations for US customers.
Such products are designed to mirror the global crypto derivatives market while being in accordance with US regulations.
Benefits for users include the following:
- Trading without time constraints, being able to maintain positions without worrying about contract expiration dates and enabling long-term strategy execution and risk management.
- Eliminating limitations for US traders who have been forced to use structures that limited trading flexibility.
- Unlocking competition, as a regulated Perpetual-Style Contract in the US will ensure that traders can execute strategies efficiently without having to rely on offshore solutions.
Coinbase has been reportedly working with the CFTC, partners, and market participants to make this product available for US traders, making sure it meets all local regulations and client needs.
