Coinbase launches stock and ETF perpetual futures for non-US traders

Coinbase/Coinbase derivatives (incl. Deribit)

Coinbase launched perpetual futures on the 'Magnificent 7' tech stocks and on the SPY and QQQ ETFs for eligible non-US traders, via Coinbase Advanced and Coinbase International Exchange. Leverage is up to 10x on stocks and 20x on ETFs; the product is not available to US persons.

• Magnificent 7 stocks (Apple, Microsoft, Alphabet, Amazon, NVIDIA, Meta, Tesla) and SPY, QQQ perpetual futures launched
• Up to 10x leverage on stocks, 20x on ETFs; 24/7 trading with settlement in USDC
• Available to non-US retail traders via Coinbase Advanced and institutions via Coinbase International Exchange