Coinbase Financial Markets launches crypto futures trading for eligible US customers

Rick Steves

CFM’s introduction of nano-sized futures contracts for Bitcoin and Ethereum – at fractions of their whole counterparts – further democratizes access, reducing the financial barrier for retail investors. This move is coupled with CFM’s commitment to educating traders.

Coinbase Financial Markets, Inc. (CFM) has announced the launch of federally regulated crypto futures trading for eligible US customers. This milestone, following CFM’s approval in August, offers an avenue for traders to engage in leveraged crypto futures contracts through Coinbase Advanced.

Crypto futures trading, now accessible to US-based customers through Coinbase Financial Markets, represents a significant expansion in the crypto trading landscape.

CFM offering includes nano-sized futures contracts for Bitcoin and Ethereum

By integrating futures into their portfolios, traders gain the ability to strategically position themselves in the volatile cryptocurrency market, utilizing both long and short strategies. This capability is vital for managing risk associated with the inherent volatility of crypto assets.

Additionally, leveraging crypto futures trading enables participants to enter the market with less capital upfront, effectively widening the investor base. CFM’s introduction of nano-sized futures contracts for Bitcoin and Ethereum – at fractions of their whole counterparts – further democratizes access, reducing the financial barrier for retail investors. This move is coupled with CFM’s commitment to educating traders. Through their educational platform, Coinbase Learn, they provide comprehensive resources that span from fundamental concepts to the nuanced benefits and risks of futures trading.

Coinbase Advanced now offers US traders an integrated platform for crypto futures trading, equipped with robust tools designed for sophisticated trading strategies. The process to begin trading is straightforward, requiring an existing Coinbase Inc. spot trading account. Once traders navigate through the verification and approval stages, they can start trading futures contracts, currently settled in USD.

The plan to extend futures trading to the Coinbase mobile app further underscores CFM’s commitment to accessibility. This development is part of a broader strategic goal of CFM to make futures trading more widely available to traders in the United States.

As a member of the National Futures Association (NFA), CFM operates under regulatory oversight, though it’s important to note that the NFA’s regulatory scope does not extend to underlying or spot virtual currency products and transactions. Traders considering these futures products should thoroughly review the CFM Futures Risk Disclosure Statement and assess their eligibility and suitability for such high-risk trading activities.

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