Coinbase launched futures contracts for traders across Europe, marking the first time the exchange has offered regulated crypto derivatives directly to users in the region.
The products are being progressively rolled out through Coinbase Advanced in 26 European countries, including Germany, France, and the Netherlands, offered through its MiFID II.
A license through Markets in Financial Instruments Directive, or MiFID, grants firms permission to offer traditional financial products like stocks, bonds, derivatives, and similar products to EU customers. Although Coinbase is a crypto exchange and offering crypto-based derivatives, those contracts still fall under MiFID.
Coinbase said in its blog post that the offering will give European traders a regulated alternative to the offshore platforms many have historically relied on for crypto derivatives.
The new product suite includes perpetual-style futures and dated contracts with monthly or quarterly expirations. The perpetual-style contracts carry five-year expiries, while the lineup also features an equity-index product called the Mag7 + Crypto Equity Index Futures, which combines exposure to the Magnificent Seven tech stocks with crypto-linked equities and BlackRock iShares ETFs tied to Bitcoin and Ethereum.
Leverage of up to 10 times is available on selected contracts such as Bitcoin and Ethereum, with fees as low as 0.02% per contract. Accounts can be funded in euros or USDC.
Coinbase was recently selected as one of two custodians for Morgan Stanley's upcoming spot Bitcoin ETF. The company would custody the fund's assets along with BNY, the bank said in an amended S-1 registration filed with the SEC.
Coinbase will have some crypto-native company in the European derivatives space. Both Crypto.com and Kraken rolled out their own offering sin May 2025.
Just last month, Coinbase repoorted at Q4 earnings miss with a $667 million loss while the price of Bitcoin slid late last year.
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。