Coinbase Expands Canadian Crypto Futures with Up to 10x Leverage
Coinbase has expanded its Canadian derivatives offering by introducing regulated crypto futures for eligible sophisticated and institutional traders. The platform now provides access to Bitcoin, Ethereum, Solana, and other digital assets through perpetual and dated contracts.
The rollout includes 23 perpetual and dated crypto futures contracts, covering 20 additional digital assets besides Bitcoin and Ethereum. Traders can use these products to hedge positions or trade market movements without requiring direct ownership of the underlying asset.
Coinbase also offers nano-sized contracts, which reduce the capital required to enter certain positions. Available leverage reaches up to 10 times, allowing traders to take long or short positions during the introductory period. However, Coinbase charges a fee of 0.02% per trade plus $0.11 per contract.
The expansion follows growing demand for regulated derivatives products across digital asset markets. According to Coinbase, global crypto derivatives volume has reached about 4.4 times spot trading volume. The company operates as a futures commission merchant registered with the U.S. Commodity Futures Trading Commission and provides contracts through an international exemption under applicable securities rules in Canada.
The Canadian derivatives launch also includes five commodity futures tied to gold, silver, and oil. Coinbase has introduced index products, including COIN50, alongside its crypto and commodity contracts. This expansion supports the company's broader strategy of combining crypto with traditional financial products.