Coinbase Launches Cryptocurrency Futures in 26 European Countries, Offering Up to 10x Leverage and Cross-Market Index Products, Expanding Its All-in-One Exchange Platform.
Leading cryptocurrency exchange Coinbase announced on Monday the official launch of cryptocurrency futures trading services in the European market. This marks an important milestone in Coinbase’s international expansion and is the first time the exchange offers such derivatives to European users.
According to an official statement, this new service will be available through the “Coinbase Advanced” platform, designed for advanced traders, and will be accessible to qualified users in 26 European countries including Germany, France, and the Netherlands.
Coinbase’s product lineup for this launch mainly falls into two categories:
Regarding capital flexibility, the statement mentions that investors can leverage up to 10x when trading contracts for major cryptocurrencies like Bitcoin and Ethereum; leverage for other products ranges between 4 to 5 times.
Additionally, Coinbase has launched “Mag7 + Crypto Equity Index Futures,” providing investors with cross-market derivative investment tools.
Eligible Coinbase customers can apply to open derivatives trading accounts through the Coinbase Advanced platform, but must first complete qualification reviews, including trading experience assessments and KYC verification. The platform supports deposits in euros (EUR) or USDC stablecoin.
Daniel Seifert, Vice President and Regional Managing Director of Coinbase EMEA (Europe, Middle East, and Africa), along with Vinayak Doraiswamy, Head of Coinbase Financial Markets Products, stated that this initiative is a key step in Coinbase’s grand blueprint to build an “all-in-one exchange.”
In fact, Coinbase’s ambitions extend beyond just the crypto space. Over the past few months, the platform has opened traditional stock trading for U.S. users and partnered with prediction platform Kalshi to launch prediction market services. At the same time, they revealed a tokenization blueprint called “Coinbase Tokenize,” aimed at bringing traditional financial assets onto the blockchain.
To further strengthen its financial infrastructure moat, Coinbase applied for a “National Trust Company License” from the U.S. Office of the Comptroller of the Currency (OCC) last October, seeking to expand asset custody, payments, and related financial services.