Coinbase Expands Canadian Futures Market with Up to 10x Leverage
Coinbase has launched 23 perpetual and dated crypto futures for eligible Canadian investors, offering leverage of up to 10 times on supported contracts.
The new contracts cover a range of digital assets, including Bitcoin, Ethereum, Solana, and 20 other cryptocurrencies. Traders can use nano-sized contracts, reducing the amount of capital needed to open a position, compared to standard futures.
Coinbase also introduced temporary pricing for these contracts at 0.02% per trade plus $0.11 for each contract. The company did not disclose how long this introductory rate would remain available or what the standard pricing will be after it ends.