tl;dr
Coinbase has launched 24/7 trading for Bitcoin and Ethereum futures on its CFTC-regulated exchange starting May 9, 2025, making it the first to offer leveraged futures contracts around the clock in the U.S. This move allows retail and institutional traders to manage risk and seize opportunities in r...
Coinbase has made a groundbreaking move by launching 24/7 leveraged Bitcoin and Ethereum futures trading on a CFTC-regulated exchange, starting May 9, 2025. This marks the first time that U.S. traders can access round-the-clock futures contracts, enabling both retail and institutional investors to manage risk and seize market opportunities in real time.
Looking ahead, Coinbase plans to introduce perpetual futures to U.S. retail traders within a regulated framework, opening doors to one of the most popular derivatives products in crypto while maintaining compliance with regulatory standards.
In addition to expanding futures trading, Coinbase has updated its asset offerings. The platform has added PAX Gold (PAXG), Space and Time (SXT), and Pendle (PENDLE) for residents of New York, making these assets available through their iOS and Android apps with some listed under an experimental label to enhance user engagement and versatility.
On the other side, Coinbase has disabled trading for Gemini Dollar (GUSD) and GYEN (GYEN). However, users hold the assurance that they can withdraw their funds anytime, ensuring flexibility and control over their assets despite the trading limitations.
This expansion into 24/7 leveraged futures trading sets a new benchmark in the U.S. crypto derivatives market and reflects a broader trend of increasing accessibility and sophistication in cryptocurrency trading platforms. With perpetual futures on the horizon, Coinbase is clearly positioning itself as a pioneer in regulated crypto derivatives, inviting traders to embrace a constantly evolving market landscape.