Coinbase just rolled out something so fresh, it’s shaking up the whole trading scene.
For the first time ever, U.S. retail traders can dive into CFTC-regulated perpetual futures contracts, yes, the kind with no monthly expiration.
The market’s already feeling it, with Coinbase’s stock climbing near all-time highs.
Futures with an expiry date, and lots of limits
Before this, American traders faced a bit of a raw deal, most futures contracts had ticking clocks, expiring monthly, forcing you to juggle rollovers like an office worker juggling endless meetings. And the worst part?
Overseas platforms were offering perpetual futures, contracts that last forever as long as you can handle the risk.
But not for the U.S. investors. They weren’t regulated by the U.S. Commodity Futures Trading Commission, making them less safe, less legit.
Coinbase comes in hot
Now, Coinbase Financial Markets, the exchange’s CFTC-regulated arm flipped the script.
They unveiled perpetual futures products for Bitcoin and Ethereum, including something called nano contracts.
Nano, baby! That means smaller sizes, so even the guy squirreling away his lunch money can play.
Leverage? You get up to 10x for crypto futures, and a spicy 20x on gold and silver. Trading fees? Start at just 0.02% per contract, cheap enough to make even the thriftiest trader smile.
That fee includes everything, exchange, clearing, and regulatory costs. It’s the kind of deal that puts Coinbase in a prime spot against offshore rivals who’ve gobbled most of the U.S. derivatives market for years.
To even get in the game, users need a verified Coinbase account plus a quick separate approval.
Wall Street meets Silicon Valley crypto style, this is the new norm?
This move is quite big, if you ask me. Brian Armstrong, Coinbase’s CEO, called it a major milestone that could reshape the U.S. crypto market by offering regulated, transparent futures contracts that traders have long craved.
And boy, the market loved it. Coinbase’s stock bounced up nearly 2% shortly after the announcement, hitting about $428 per share, nearly matching its all-time highs since going public in 2021.
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
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