Coinbase Introduces Perpetual Stock Futures for Global Traders
- Coinbase has launched perpetual stock futures for traders outside the United States.
- The initial offering includes contracts on major U.S. tech stocks like Apple, Microsoft, and Tesla, as well as ETFs such as SPY and QQQ.
- Traders can utilize leverage options up to 10x for stocks and up to 20x for ETFs.
- The platform allows continuous trading opportunities, including weekends.
- Trades settle in USDC (USD Coin), providing stability within the crypto ecosystem.
This initiative aims to enhance access to U.S. equities in regions where traditional market entry is limited or costly, catering to both retail and institutional traders globally.
With this launch, Coinbase offers a new avenue for trading U.S. equity markets with leverage options, potentially attracting more users seeking innovative financial products.(Source)
