Coinbase has made futures contracts available to trade for its customers in 26 European countries, including Germany, France, and Netherlands.

These fully regulated contracts will be available through Coinbase Advanced.

The launch of futures contracts on Coinbase offers traders in Europe access to regulated crypto futures, indices futures such as the Mag7 + Crypto Equity Index Futures, and perpetual-style futures, a type of long-dated futures contract with 5-year expiries.

Coinbase has begun progressively rolling out access to futures contracts to Coinbase Advanced users in 26 countries in Europe, offered by its MiFID entity. Users will be able to trade a variety of crypto contracts, from Bitcoin to Solana, and equity-indices contracts.

Coinbase offers two primary types of cash-settled futures contracts, each with distinct settlement procedure:

• Perpetual-style futures: To keep the contract price aligned with the underlying asset, these long-dated futures contracts with 5-year expiries, use an hourly funding mechanism and are settled once per day.
• Dated contracts: These contracts have specific monthly or quarterly expiration dates. They are marked to market daily based on official exchange settlement prices. If held to expiry, they are cash-settled.

Key trading details:

• Leverage: Traders can access up to 10x leverage on select contracts (such as BTC, ETH, and equity indices) and up to 4x-5x leverage on other products.
• Trading fees: Coinbase is making derivatives trading more accessible with fees as low as 0.02% per contract.

How to Get Started

• Visit the new “derivatives” tab on the Coinbase Advanced web and mobile platform;
• Undergo eligibility checks (eg. trading experience) and KYC;
• Fund the account via EUR or USDC;
• Start trading.