Coinbase Follows Kraken’s Lead, Opens Perpetuals Trading for US Customers
The post Coinbase Follows Kraken’s Lead, Opens Perpetuals Trading for US Customers appeared on BitcoinEthereumNews.com.
In brief Coinbase has launched CFTC-regulated perpetual futures for U.S. traders, offering up to 10x leverage. The move follows last week’s signing of the GENIUS Act, a landmark crypto law by President Trump. The launch fills a long-standing gap in U.S. crypto markets, Decrypt was told. Coinbase launched CFTC-regulated perpetual futures for U.S. customers Monday, as it joins a growing number of exchanges bringing regulated derivatives to American markets. The crypto giant’s move comes one week after crypto exchange Kraken launched its own regulated futures platform, as major exchanges compete to capture derivatives trading that regulatory uncertainty had previously kept U.S. customers at bay. Coinbase touted how its derivatives “dominate 90% of global crypto trading volumes” but had “remained just out of reach for traders” in the U.S. due to regulatory complexity, according to a statement released on Monday. Charmaine Tam, head of OTC trading at Hex Trust, told Decrypt that Coinbase’s launch “addresses a long-standing gap in the cryptomarkets,” calling it “a more secure and compliant alternative to offshore platforms.” For now, U.S. customers will only be able to access nano Bitcoin Perpetual Futures and nano Ether Perpetual Futures contracts through Coinbase Financial Markets. Unlike traditional futures that expire monthly, Coinbase’s perpetuals run for five years, allowing traders to hold positions without needing to roll contracts. Trading fees start at just 0.02% per contract, competitive pricing designed to attract volume from the derivatives market. Both launches leverage regulatory clarity from President Trump’s crypto-friendly administration, which signed the GENIUS Act into law Friday, America’s first major crypto legislation. “I pledged that we would bring back American liberty and leadership, and make the United States the crypto capital of the world, and that’s what we’ve done,” Trump announced at the White House ceremony attended by crypto’s biggest names, including Coinbase…
Filed under: News - @ July 22, 2025 6:20 am