Coinbase Expands Derivatives Trading to UK Pro Clients
Coinbase has expanded its derivatives trading capabilities to professional clients in the UK. The move allows qualified users to access futures, options, and perpetuals through Coinbase's MiFID authorization.
The eligibility criteria for professional client status include trading frequency, portfolio size above €500,000, or relevant professional experience in financial markets. This means that casual UK crypto users will not have access to these products.
Coinbase's expansion of derivatives access is significant because it allows professional traders to manage exposure, hedge spot positions, and express views without holding the underlying asset. The offering also helps deepen Coinbase's institutional and professional trading business in a major financial market.