Coinbase Launches 24/7 Stock Perpetual Futures for Global Traders
- Coinbase introduces perpetual futures for major US stocks, including Apple, NVIDIA, Tesla, Microsoft, Amazon, Alphabet, and Meta.
- The contracts settle in USD Coin (USDC) and offer leverage up to 10x on single stocks and up to 20x on ETF perpetuals.
- These futures allow international traders to engage in leveraged equity trading without a traditional brokerage account.
- Access is available through Coinbase’s advanced trading interface and APIs for retail users; institutional support is provided via its international exchange.
- This move caters to the global demand for continuous equity trading and aligns with Coinbase’s goal of creating an “everything exchange.”
Coinbase’s launch of perpetual futures provides global traders with continuous access to major US stocks using leveraged positions settled in USDC, enhancing market accessibility outside traditional hours.
Source (3.2)https://cryptobriefing.com/coinbase-stock-perpetual-futures/?rand=59535
