Coinbase Launches Bitcoin and Ethereum Perpetual Futures for U.S. Traders

DOWNLOAD IPFS

Coinbase, one of the largest U.S.-based cryptocurrency exchanges, has officially launched perpetual futures contracts for Bitcoin (BTC) and Ethereum (ETH) for eligible U.S. users. The offering is available through its CFTC-regulated derivatives platform, Coinbase Financial Markets, marking a significant step in expanding regulated crypto derivatives access in the United States.

The newly introduced contracts, nano Bitcoin (0.01 BTC) and nano Ether (0.10 ETH), allow traders to participate in perpetual futures with up to 10x leverage. These products are designed for experienced traders seeking capital efficiency and continuous exposure to crypto price movements without the need for contract expiration or rollover.

Perpetual futures are a core component of global crypto trading activity, typically accounting for over 90% of trading volumes on offshore platforms. With this launch, Coinbase is aiming to offer a compliant alternative within the U.S., giving users a regulated environment backed by oversight from the Commodity Futures Trading Commission (CFTC).

To access these products, customers must hold a standard Coinbase account as well as a verified account with Coinbase Financial Markets. The platform allows 24/7 trading, with low fees starting at just 0.02%, and a minimum charge of $0.15 per trade.

Coinbase’s Vice President of Product, Max Branzburg, confirmed the launch roadmap last month at the State of Crypto Summit. The move comes as U.S. lawmakers and regulators increasingly signal support for clearer frameworks around digital assets and their derivatives.

“The wait is over. Perpetual futures are now available to U.S. customers under a regulated structure,” said Coinbase CEO Brian Armstrong in a post on X (formerly Twitter).

This launch represents a strategic milestone for Coinbase as it looks to grow its derivatives segment while operating within the regulatory boundaries of the U.S. market. With increased demand for sophisticated trading tools and greater regulatory clarity, Coinbase’s new futures platform could attract a significant share of domestic trading volume.

As of today, users can begin trading the BTC-PERP and ETH-PERP contracts, with additional derivative offerings expected in the near future.