Coinbase Launches Regulated Crypto Futures for Canadian Traders
Coinbase has introduced regulated crypto derivatives to eligible Canadian traders, offering access to both perpetual and dated futures on its platform. The new product includes 23 crypto futures tied to major assets like Bitcoin (BTC), Ether (ETH), and Solana (SOL). Additionally, traders can now trade five commodity futures covering gold, silver, oil, as well as index futures such as COIN50. This move aims to provide Canadian investors with a regulated alternative after many previously relied on unregulated or offshore platforms. Global crypto derivatives trading volume is already four times that of spot markets, according to Coinbase data. The platform also introduced nano-sized contracts and leverage up to 10x for lower capital requirements, though it warned about the risks associated with leveraged positions. Coinbase Financial Markets (CFM), a registered futures commission merchant under U.S. oversight, is offering these products in Canada at promotional pricing of 0.02% per trade plus $0.11 flat fee per contract for a limited time.
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