In this article, we are thrilled to announce that Coinbase, a leading cryptocurrency exchange platform, has successfully obtained regulatory approval to enable retail perpetual futures trading. This groundbreaking achievement marks a significant milestone for Coinbase and the broader crypto industry, as it opens up new opportunities for traders and investors alike. The approval signals Coinbase’s commitment to providing innovative and secure financial products while adhering to regulatory standards.
Coinbase International Exchange: Expanding Access to Perpetual Futures Trading
In May 2023, we proudly launched the Coinbase International Exchange, a groundbreaking platform operating beyond the borders of the United States. This milestone was accompanied by the acquisition of a coveted Class F license from the Bermuda Monetary Authority (BMA), enabling non-US financial institutions to engage in perpetual futures trading. Today, we are thrilled to announce a major development: The BMA has extended its endorsement to include non-US retail clients, allowing them to participate in regulated perpetual futures trading on Coinbase Advanced. We urge you to verify your eligibility promptly to gain access to this exciting opportunity.
Broadening the Derivative Market with Progressive Regulators
Forging Partnerships for a Robust Regulatory Framework
Under our strategic directive, “Go Broad, Go Deep,” we are dedicated to partnering with stringent global regulatory bodies. Our aim is to establish a comprehensive regulatory framework that fosters ongoing innovation in the cryptocurrency domain. While initially focused on establishing our presence in the United States, we now eagerly embrace the opportunity to provide non-US clients with expanded access to perpetual futures. This strategic expansion underscores our unwavering commitment to revitalizing the global financial order and empowering users worldwide.
Access Perpetual Futures with the Premier Cryptocurrency Exchange
Meeting Demand Amid Regulatory Challenges
As cryptocurrency exchanges face increasing scrutiny from domestic regulators and withdraw from various jurisdictions, our regulatory endorsement arrives at a critical juncture. The global cryptocurrency derivative trading landscape represents approximately 75% of the total cryptocurrency trading volume, highlighting the strong demand for derivative instruments. However, trusted entities offering the necessary security and transparency for confident transactions are scarce.
At Coinbase, our meticulously cultivated perpetual futures contracts meet rigorous compliance standards on the Coinbase International Exchange. During the second quarter alone, these contracts surpassed a notional trading volume of $5.5 billion, primarily driven by institutional participants. The Coinbase International Exchange adheres faithfully to the formidable regulatory framework instituted by the BMA, ensuring stringent risk mitigation, regulatory adherence, and user safeguards.
What Sets Us Apart?
Unparalleled Security, Transparency, and Expertise
As the most impervious and regulation-compliant cryptocurrency exchange, Coinbase provides clients with peace of mind regarding the security of their assets. Our publicly disclosed and independently audited financial records confirm our commitment to maintaining a one-to-one ratio of customer assets.
Moreover, the Coinbase International Exchange maintains a robust financial foundation through its Insurance Fund and Liquidity Support Program, both funded in highly liquid stablecoin USDC, rather than an exchange-specific token.
Our team of seasoned risk management specialists possesses decades of experience overseeing trading and credit enterprises across various economic cycles, ensuring the highest standards of risk management and protection.
Seize the Opportunity: Access Perpetual Futures Trading on Coinbase Advanced
Unlocking Your Path to Perpetual Futures Trading
Today, non-US retail traders can begin the verification process to determine their eligibility for perpetual futures trading on Coinbase Advanced. Official trading activities will commence in the coming weeks. Stay updated on the latest developments by following @CoinbaseIntExch on Twitter.
Institutional Insights and Contact
Institutional investors located outside the United States who are eager to gain insights into perpetual futures trading on the Coinbase International Exchange are encouraged to get in touch with us via [email protected].
Please remember that access to the Coinbase International Exchange is exclusively limited to non-US customers within specified jurisdictions. Prospective clients must successfully navigate our evaluation protocols to establish a Coinbase Advanced trading account and determine their eligibility for this offering. It’s important to note that the information provided here serves educational purposes only. Additionally, always be aware that trading and investment strategies inherently carry risks, including the potential for financial loss, and may not be suitable for all individuals.
Coinbase’s acquisition of regulatory approval to enable retail perpetual futures represents a significant milestone for the company and the broader crypto industry. The introduction of this innovative financial product brings numerous benefits to traders and investors, including leverage, 24/7 trading, hedging opportunities, and market transparency. This move also strengthens investor confidence, expands market participation, and drives innovation within the crypto industry.
The information provided in this article is for informational purposes only and should not be considered financial advice. The article does not offer sufficient information to make investment decisions, nor does it constitute an offer, recommendation, or solicitation to buy or sell any financial instrument. The content is opinion of the author and does not reflect any view or suggestion or any kind of advise from CryptoNewsBytes.com. The author declares he does not hold any of the above mentioned tokens or received any incentive from any company.