Yesterday, Coinbase announced plans to introduce 24/7 Bitcoin and Ethereum futures trading for US traders through its Commodity Futures Trading Commission (CFTC)-regulated derivatives exchange, Coinbase Derivatives, LLC.
This initiative will be the first to offer US traders access to perpetual-style futures contracts without expiration dates, aligning domestic markets with international trading standards.
Coinbase Derivatives, LLC confirmed the upcoming launch of these continuous futures contracts. The company aims to address inefficiencies in the US derivatives market, where trading has traditionally been restricted to fixed hours and contracts with specific expiration dates.
Coinbase noted that crypto derivatives trading makes up approximately 75% of global crypto volumes.
