TL;DR:
- Coinbase launched regulated crypto futures in Europe through its Advanced platform, now available across 26 countries.
- Contracts include futures on Bitcoin, Solana and equity indices, offering up to 10x leverage and fees starting at 0.02%.
- The product operates under Coinbase’s MiFID entity, giving users access to derivatives previously available only on offshore platforms.
Coinbase announced the launch of regulated futures for European users through its Advanced platform, expanding its derivatives offering across the continent. The service is being rolled out progressively across 26 countries, including Germany, France and the Netherlands, and operates under the regulatory framework of the company’s MiFID entity.
Historically, European traders relied on offshore or unregulated platforms to access derivative products on cryptocurrencies, as local supply was scarce or nonexistent within clear legal frameworks. Coinbase aims to fill that gap by offering cash-settled futures contracts, access to indices such as the Mag7 + Crypto Equity Index Futures and the regulatory infrastructure that the European institutional market demands.
The platform introduces two main types of contracts. Perpetual-style futures have five-year expiries and use an hourly funding mechanism to keep prices aligned with the underlying asset, with daily settlement. Fixed-date contracts, on the other hand, have monthly or quarterly expiries and are marked to market daily based on official exchange settlement prices; if held to expiry, they are also cash-settled.
Coinbase Capitalizes on the European Market Realignment
In terms of operating conditions, users can access leverage of up to 10x on selected contracts —including Bitcoin, Ethereum and certain equity indices— and between 4x and 5x on other products. Trading fees start at 0.02% per contract, a figure that does not include exchange or clearing fees.
Coinbase has a solid long-term strategy aligned with building an “everything exchange”, meaning a single access point where users can trade a wide variety of asset classes. The company noted that, as regulatory clarity continues to mature in Europe and globally, it will keep adding new products and services within the Advanced ecosystem.
To access futures, eligible users must navigate to the derivatives tab on the web or mobile platform, complete eligibility and KYC verifications, and fund their account in euros or USDC.
