Coinbase Expands Derivatives Trading to UK Professional Clients

Coinbase has expanded its derivatives trading services to professional clients in the United Kingdom. The platform, which offers futures, options, and perpetuals, is now available to users classified as Professional Clients under MiFID regulations.

This expansion excludes UK retail investors, who are still restricted from accessing these products. Eligible users must meet specific criteria tied to trading activity, portfolio size, or relevant professional experience in financial markets.

The addition of derivatives is expected to offer qualifying clients more sophisticated tools for managing risk and expressing views on cryptocurrency prices without holding the underlying assets.

Coinbase's move is seen as a significant development in the UK crypto market, which has been grappling with regulatory restrictions. The expansion will help the exchange compete with other regulated venues serving institutional and professional clients.