ChainThink reports that on March 9, Coinbase announced the official launch of futures trading services in Europe, enabling European traders to access regulated crypto derivatives products on the platform for the first time. The service is currently being rolled out gradually to users in 26 European countries, including Germany, France, and the Netherlands, through its MiFID entity and is available on the Coinbase Advanced platform.
According to the official announcement, the newly launched products include cryptocurrency futures, stock index futures, and "perpetual-style" futures. The perpetual-style futures are long-term contracts with a five-year term, maintaining price alignment with the underlying asset through an hourly funding rate mechanism and settling daily; in contrast, fixed-term contracts have monthly or quarterly expiration dates and are marked-to-market daily based on the official settlement price.
In terms of trading conditions, certain contracts (such as Bitcoin, Ethereum, and select index products) support up to 10x leverage, while other products offer approximately 4x to 5x leverage. The minimum trading fee per contract is 0.02%. Users must pass eligibility verification and KYC, and can deposit funds in EUR or USD Coin to begin trading.