Coinbase’s European Expansion: A Major Step Regarding Bitcoin (BTC) and Altcoins Announced!

Coinbase, the largest cryptocurrency exchange in the US, has launched regulated futures trading for European institutions.

Coinbase announced it will launch a regulated futures trading service for users in 26 European countries starting March 9th.

The service will be offered through Coinbase Advanced, a platform for professional investors.

It will include both perpetual and perpetual futures products.

Supported assets will include major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), as well as futures contracts based on the Magnificent 7 (M7) index.

The platform will offer leverage support of up to 10x for cryptocurrency futures and up to 5x for other products.

“…Historically, European investors have often relied on unregulated platforms for crypto derivatives due to regulatory complexities. The launch of futures contracts on Coinbase will offer European investors access to futures trading.”

Coinbase stated that low transaction fees would be applied, saying, “We are making derivatives trading more accessible with fees as low as 0.02% per contract.”

*This is not investment advice.

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