Odaily Planet Daily News: Coinbase, through its subsidiary Coinbase Financial Markets (CFM), has launched regulated derivative contracts to eligible Canadian traders, becoming the first major crypto platform to offer native crypto futures in Canada. The products include 23 perpetual and periodic futures on assets such as Bitcoin, ETH, and SOL; five commodity futures on gold, silver, and oil; and the COIN50 index future, with leverage of up to 10x. All contracts are provided by CFM, a CFTC-registered futures commission merchant. Transaction fees are temporarily set at 0.02% per trade, plus $0.11 per contract.
Coinbase Launches Regulated Crypto Derivatives and Commodity Futures in Canada with Up to 10x Leverage
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Summary
Coinbase has launched regulated crypto derivatives and commodity futures in Canada, offering up to 10x leverage. The platform provides perpetual and quarterly futures for 23 cryptocurrencies, including Bitcoin and ETH, as well as futures on gold, silver, oil, and the COIN50 index. All contracts are available through CFTC-registered CFM, with a limited-time trading fee of 0.02% per trade. This development represents a major milestone for cryptocurrency in the Canadian market today.
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