Futures Contracts Now Available on Coinbase in Europe
TLDR: European traders can now access futures contracts for the first time on Coinbase. These fully regulated contracts will be initially available through Coinbase Advanced, in 26 European countries, including Germany, France, and Netherlands.
Historically, European traders have often relied on unregulated platforms for crypto-derivative products due to regulatory complexities. The launch of futures contracts on Coinbase offers traders in Europe access to regulated crypto futures, indices futures such as the Mag7 + Crypto Equity Index Futures, and perpetual-style futures, a type of long-dated futures contract with 5-year expiries, on one of crypto's most trusted platforms.
Coinbase has begun progressively rolling out access to futures contracts to Coinbase Advanced users in 26 countries in Europe, offered by our MiFID entity*. Users will be able to trade a variety of crypto contracts, from Bitcoin to Solana, and equity-indices contracts.
Overview of futures contracts offered
We offer two primary types of cash-settled futures contracts, each with distinct settlement procedure:
Perpetual-style futures: To keep the contract price aligned with the underlying asset, these long-dated futures contracts with 5-year expiries, use an hourly funding mechanism and are settled once per day.
Dated contracts: These contracts have specific monthly or quarterly expiration dates. They are marked to market daily based on official exchange settlement prices. If held to expiry, they are cash-settled.
Key trading details:
Leverage: Traders can access up to 10x leverage on select contracts (such as BTC, ETH, and equity indices) and up to 4x-5x leverage on other products. (1)
Low trading fees: We're making derivatives trading more accessible with fees as low as 0.02% per contract. (2)
A Bold Step Towards an Everything Exchange
The launch is a major step in our push to build an exchange for everything: where everything you want to trade is available in a one-stop shop. We are looking to expand beyond crypto all within the trusted Coinbase app. As regulatory clarity continues to mature across Europe and globally, we are looking forward to continuing to introduce new and expanded services.
How to Get Started
Eligible and existing Coinbase users can access futures contracts through the Advanced platform. Here is how to get started:
Visit the new “derivatives” tab on the Coinbase Advanced web and mobile platform;
Undergo eligibility checks (eg. trading experience) and KYC;
Fund the account via EUR or USDC;
Start trading.
(1) Derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. Derivatives are not suitable for most investors. You should consider whether derivatives are suitable for you, and seek independent professional advice if needed. Your capital is at risk.
(2) Exclusive of NFA, exchange, and clearing fees.
About Daniel SeifertVice President & Regional Managing Director, EMEADaniel Seifert leads business and strategic expansion for Coinbase as the Vice President and Regional Managing Director for EMEA. He was previously the Chief Operating Officer of Solarisbank AG, where he also served as Managing Director for its subsidiary, Solaris Digital Assets, overseeing the operational scaling of the core banking platform while driving the company's expansion into regulated crypto services.
About Vinayak DoraiswamyHead of Product, Coinbase Financial MarketsVinayak Doraiswamy is the Head of Product for Coinbase Financial Markets, Coinbase’s US Futures Broker. He previously served as Director of Product at FairX Exchange (now Coinbase Derivatives Exchange), which Coinbase acquired. Before this, he spent over a decade at Barclays Singapore and Barclays New York, serving most recently as Head of product for their US Prime Derivatives Business.
