Coinbase Becomes First US Exchange Allowed to Offer Global Crypto Perps Trading
60-second summary
Coinbase becomes the first US exchange allowed to offer global crypto perpetual futures trading, giving U.S. customers access to offshore leveraged crypto trading. The CFTC's approval allows Coinbase to offer this high-risk trading option, expanding its product offerings. This move is expected to increase trading volumes and attract more sophisticated investors to the platform.
Coinbase can offer U.S. customers access to offshore crypto perpetual futures, a risky form of leveraged crypto trading, the CFTC said Friday.