Crypto news

Coinbase International introduces perpetual futures trading for retail customers.

Coinbase International Exchange, holding a class F license from the Bermuda Monetary Authority (BMA), has obtained additional regulatory approval.

This allows the platform to offer perpetual futures trading to non-U.S. retail customers.

Launched in May 2023, Coinbase International initially provided crypto derivatives services exclusively to institutional clients.

However, with this recent approval, eligible customers will soon gain access to regulated perpetual futures contracts on the Coinbase Advanced platform.

The exchange highlighted that Coinbase Bermuda maintains and regulates the perpetual futures accounts.

According to Coinbase, approximately 75% of crypto trading volume is derived from the derivatives market.

With this regulatory nod, retail traders can now access the crypto derivatives market, which has primarily been dominated by institutions.

It’s worth noting that Coinbase does not engage in market-making.

The exchange relies on established, independent liquidity providers who have undergone thorough compliance reviews to ensure liquidity on the platform.

Coinbase International Expands Derivatives Market Access for Retail Traders, Overcoming Regulatory Challenges

Coinbase International Exchange positions itself as a secure and competent gateway for retail traders to access the derivatives market.

However, only customers from select non-U.S. countries can utilize the services of Coinbase International Exchange.

The Coinbase Advanced trading accounts determine eligibility through a rigorous evaluation process.

The recent approval for Coinbase International to offer perpetual futures to retail customers follows closely on the heels of its approval from the National Futures Association (NFA) to provide crypto futures investments to eligible institutional clients in the United States.

Despite facing regulatory challenges, including a lawsuit filed by the Securities and Exchange Commission (SEC) alleging the sale of unregistered securities, Coinbase has been making progress internationally.

The platform remains committed to expanding its services beyond the U.S. market.

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