Expand the global footprint! Coinbase launches "Cryptocurrency Futures Trading" in 26 European countries

Cryptocurrency exchange leader Coinbase announced on Monday the official launch of cryptocurrency futures trading services in the European market. This is not only a significant milestone in Coinbase’s international expansion but also the first time the exchange offers such derivatives to European users.
According to an official statement, this new service will be available through the “Coinbase Advanced” platform, designed for advanced traders, and will be fully accessible to qualified users in 26 European countries, including Germany, France, and the Netherlands.

Coinbase’s product lineup this time mainly falls into two categories:

• Perpetual-style Futures: Similar to the common “perpetual contracts” in the crypto space, but Coinbase adopts a “5-year expiration” design, combined with a “hourly-funded rate mechanism” to ensure the contract price remains linked to the spot price of the underlying asset.
• Dated Contracts: Offering monthly and quarterly settlement options, using the traditional “daily mark-to-market” system, calculating daily profit and loss for each account; if investors hold the contract until maturity, it will be settled via “cash delivery.”

Regarding trading flexibility, the statement mentions that investors can leverage up to 10x when trading contracts for major cryptocurrencies like Bitcoin and Ethereum; leverage for other products ranges between 4x and 5x.
Additionally, Coinbase has launched “Mag7 + Crypto Equity Index Futures,” providing investors with cross-market derivative investment tools.
Eligible Coinbase customers can apply to open derivatives trading accounts through the Coinbase Advanced platform, but must first complete qualification reviews, including trading experience assessments and KYC verification. For deposits, the platform supports euros (EUR) or USDC stablecoins.

Daniel Seifert, Vice President and Regional Managing Director of Coinbase EMEA, and Vinayak Doraiswamy, Head of Financial Market Products at Coinbase, stated that this initiative is a key step in Coinbase’s grand blueprint to build a “comprehensive exchange.”
In fact, Coinbase’s ambitions extend beyond just the cryptocurrency sector. Over the past few months, the platform has opened traditional stock trading for U.S. users, partnered with prediction platform Kalshi to launch prediction market services, and revealed a tokenization blueprint called “Coinbase Tokenize,” aimed at bringing traditional financial assets onto the blockchain.