Coinbase Edges Closer to U.S. Stock Perpetual Trading with Key Approval

Coinbase has taken a significant step towards introducing perpetual trading on its U.S. stock platform.

The move comes after Coinbase Financial Markets (CFM) received approval from Strong CFM, allowing it to offer regulated derivatives contracts in Canada.

Perpetual trading involves trading with the ability to go long or short a security without having to own the underlying asset.

Coinbase's expansion into perpetual trading aims to provide users with greater flexibility and market exposure.