Coinbase Enters Canadian Derivatives Market with Regulated Crypto Futures
Coinbase has launched regulated crypto derivatives in Canada, expanding its offering for eligible users. The platform provides perpetual and dated futures tied to major digital assets like Bitcoin, Ether, Solana, and others.
The derivatives entry uses Coinbase Financial Markets' U.S.-registered futures commission merchant framework with Canadian exemptions. This allows the company to offer 23 crypto perpetual and dated futures, five commodity futures, and exposure to the Coinbase 50 Index.
Availability is restricted to qualifying customers, including those meeting a $5 million net financial assets threshold or connected through registered investment advisers and dealers. The contracts use nano-sized positions and provide leverage of up to 10x.