Coinbase COIN to Launch 24/7 Bitcoin BTC/USD and Ethereum BTC/USD Futures Trading

The company is also developing a perpetual-style futures contract, which would enable traders to hold positions indefinitely, mirroring products widely used on offshore exchanges.

Coinbase (NASDAQ:COIN) plans to introduce round-the-clock bitcoin (BTC/USD) and ether (ETH/USD) futures trading, allowing U.S. traders to access crypto futures at any time of day or night, similar to spot markets, the company announced on Monday.

The company is also developing a perpetual-style futures contract, which would enable traders to hold positions indefinitely, mirroring products that are widely used on offshore exchanges.

The move comes as crypto derivatives continue to dominate trading activity, with over 75% of global market volume now flowing through futures and OTC instruments. While international markets already offer 24/7 trading and perpetual futures, U.S. traders have been limited by traditional market structures that impose fixed hours and expiring contracts.

Coinbase's latest initiative is designed to expand the company's product offerings and capitalize on the growing demand for crypto derivatives in the U.S.

"For too long, the U.S. has been playing catch-up in crypto derivatives. It's time for a regulated, accessible, and innovative futures market that meets the needs of the cryptoeconomy," Coinbase stated in its announcement.

"We're excited to be pushing the boundaries of what's possible and providing U.S. traders with the same cutting-edge products and technology used by institutions and professional traders around the world."

In addition to introducing 24/7 trading, Coinbase Derivatives is currently developing a perpetual-style futures contract. Unlike traditional futures contracts, which expire on a set date, perpetual futures allow traders to keep positions open indefinitely.

These contracts have been widely adopted on international crypto exchanges, offering traders greater flexibility in executing trading strategies. However, U.S. traders have had to access these products through offshore platforms due to regulatory limitations.

"A regulated perpetual-style contract in the U.S. ensures traders can execute strategies efficiently, without relying on offshore alternatives and move the market in the same direction," the company added.

To support its new offerings, Coinbase is partnering with Nodal Clear for CFTC-regulated clearing services. The company is also working closely with the Commodity Futures Trading Commission to finalize compliance standards for its products and services.

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Coinbase (NASDAQ:COIN) plans to introduce round-the-clock bitcoin (BTC/USD) and ether (ETH/USD) futures trading, allowing U.S. traders to access crypto futures at any time of day or night, similar to spot markets, the company announced on Monday.

The company is also developing a perpetual-style futures contract, which would enable traders to hold positions indefinitely, mirroring products that are widely used on offshore exchanges.

The move comes as crypto derivatives continue to dominate trading activity, with over 75% of global market volume now flowing through futures and OTC instruments. While international markets already offer 24/7 trading and perpetual futures, U.S. traders have been limited by traditional market structures that impose fixed hours and expiring contracts.

Coinbase's latest initiative is designed to expand the company's product offerings and capitalize on the growing demand for crypto derivatives in the U.S.

"For too long, the U.S. has been playing catch-up in crypto derivatives. It's time for a regulated, accessible, and innovative futures market that meets the needs of the cryptoeconomy," Coinbase stated in its announcement.

"We're excited to be pushing the boundaries of what's possible and providing U.S. traders with the same cutting-edge products and technology used by institutions and professional traders around the world."

In addition to introducing 24/7 trading, Coinbase Derivatives is currently developing a perpetual-style futures contract. Unlike traditional futures contracts, which expire on a set date, perpetual futures allow traders to keep positions open indefinitely.

These contracts have been widely adopted on international crypto exchanges, offering traders greater flexibility in executing trading strategies. However, U.S. traders have had to access these products through offshore platforms due to regulatory limitations.

"A regulated perpetual-style contract in the U.S. ensures traders can execute strategies efficiently, without relying on offshore alternatives and move the market in the same direction," the company added.

To support its new offerings, Coinbase is partnering with Nodal Clear for CFTC-regulated clearing services. The company is also working closely with the Commodity Futures Trading Commission to finalize compliance standards for its products and services.