Coinbase Launches Crypto Futures With 10x Leverage in Canada
Coinbase said the offering includes 23 crypto futures, five commodity contracts and the Coinbase 50 Index, with leverage up to 10x.
- On Wednesday, Coinbase became the first major crypto-native platform to offer direct native crypto futures in Canada, providing eligible investors with up to 10x leverage on digital assets.
- Crypto ownership in Canada climbed to 25% this year from 10% in 2023, according to Ontario Securities Commission research, prompting market expansions like Webull's Monday launch.
- Coinbase Financial Markets, registered with the US Commodity Futures Trading Commission, offers 23 perpetual and dated futures, five commodity futures, and the COIN50 Index.
- Rival brokerage Robinhood entered the market in June through its $180 million acquisition of WonderFi, gaining roughly 300,000 funded customers and control of Canadian exchanges Bitbuy and Coinsquare.
- Access remains restricted to customers with at least $5 million in net financial assets, while Ottawa continues to scrutinize the sector, having proposed bans on crypto ATMs earlier this year.
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Coinbase Launches Bitcoin, Ethereum, Solana Futures in Canada With Up to 10x Leverage
Coinbase is expanding its Canadian product lineup with futures contracts offering leverage of as much as 10x, extending a broader push by US trading companies into the country's digital-asset market. Eligible Canadian clients can trade 23 perpetual and dated cryptocurrency futures covering Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other assets.Visit Website
Cointelegraph
The New York LedgerCoinbase Launches Crypto Futures With 10x Leverage in Canada
Coinbase launched regulated crypto derivatives in Canada, offering eligible traders perpetual and dated futures tied to Bitcoin, Ether, Solana and other assets.
Coinbase launches 10x crypto futures in Canada
Coinbase has launched 23 perpetual and dated crypto futures for eligible Canadian investors, with leverage of up to 10 times on supported contracts. Coinbase said eligible Canadian clients can access the new contracts through Coinbase Financial Markets, its futures commission…
Coinbase Opens 10x Crypto Futures in Canada to $5M Clients
What Is Coinbase Offering Canadian Traders? Coinbase has launched cryptocurrency derivatives trading in Canada, giving eligible customers access to perpetual and dated futures linked to Bitcoin, Ether, Solana and other digital assets. The products are offered through Coinbase Financial Markets, a futures commission merchant registered with the U.S. Commodity Futures Trading Commission. The entity operates in Canada under foreign dealer and futur…
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