Coinbase enters the European market: an important step announced regarding Bitcoin (BTC) and altcoins
Coinbase, the largest cryptocurrency exchange in the United States, has launched regulated futures trading for European institutional investors.
The company Coinbase announced the launch of a regulated futures trading service for users in 26 European countries, starting March 9.
This service will be provided through Coinbase Advanced, a platform designed for professional investors.
It will include both perpetual and traditional futures products.
Supported assets will include major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), as well as futures contracts based on the Magnificent 7 (M7) index.
The platform will offer leverage of up to 10x for cryptocurrency futures and up to 5x for other products.
“Historically, European investors have often relied on unregulated platforms for trading cryptocurrency derivatives due to regulatory complexity. The launch of futures contracts on Coinbase will provide European investors with access to futures trading.”
Coinbase also announced the introduction of low transaction fees, stating:
“We are making derivatives trading more accessible by offering fees of only 0.02% per contract.”
See also: "South Korea’s second-largest cryptocurrency exchange may be suspended for up to six months"
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