Coinbase launches perpetual stock futures for non-US customers
- Coinbase has rolled out perpetual futures trading of US stocks for eligible non-US customers.
- The tradable products include Magnificent 7 stocks and ETF perpetual futures.
- Coinbase perpetual futures offer up to 10x leverage on single-name stocks and 20x on ETFs.
Coinbase (COIN) has launched stock perpetual futures trading for eligible non-US retail and institutional customers, offering leveraged exposure to major US equities and exchange-traded funds (ETFs), the exchange stated in a blog post on Friday.
Coinbase expands TradFi offerings with perpetual stock futures rollout
The products are available on Coinbase Advanced for retail traders and on Coinbase International Exchange for institutional clients. The offering includes perpetual futures tied to the Magnificent 7 stocks, including Apple, Microsoft, Alphabet, Amazon, NVIDIA, Meta and Tesla. The lineup also includes ETF-linked contracts, such as the SPDR S&P 500 ETF Trust and the Invesco QQQ Trust, subject to regional availability.
The perpetual futures allow traders to use leverage to increase exposure. Individual stock contracts offer up to 10x leverage, while ETF-based contracts provide up to 20x on products such as SPY and QQQ. All positions are settled in USDC and support cross-margining with spot holdings.
Trading is available 24/7, including weekends, allowing users to manage positions outside traditional market hours. The products are built on Coinbase’s existing derivatives infrastructure and include standard risk management mechanisms.
“Huge launch for our international traders. Stock perps are live. The problem with traditional markets is they close, but the news doesn’t. 24/7 price discovery means more opportunity and better risk management systems,” wrote Coinbase co-founder and CEO Brian Armstrong in a Friday X post.
The launch follows Coinbase’s recent rollout of direct stock and ETF trading on its platform, enabling users to access both crypto and traditional assets within a single interface.
The recent stock perpetual futures offerings are not available to US users and may be restricted in certain jurisdictions due to local regulations. Coinbase said it plans to expand the offering to include additional equities, indices, and other assets over time.
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Michael Ebiekutan
FXStreet
With a deep passion for web3 technology, he's collaborated with industry-leading brands like Mara, ITAK, and FXStreet in delivering groundbreaking reports on web3's transformative potential across diverse sectors. In addition to
