Coinbase Opens 170 UK Derivatives Contracts to Professionals With 50x Leverage
Updated
Updated · Yahoo Finance · Aug 11
Coinbase Opens 170 UK Derivatives Contracts to Professionals With 50x Leverage
3 articles · Updated · Yahoo Finance · Aug 11
Summary
Coinbase on Tuesday began a phased UK rollout of derivatives trading for professional clients, offering more than 170 contracts across crypto, commodities, equities and foreign exchange.
The new suite includes perpetuals with up to 50x leverage, dated futures capped at 20x, and crypto options with single- and multi-leg strategies built into the platform.
The launch was enabled by the FCA investment services authorization Coinbase secured on July 7, while UK rules still bar crypto derivatives sales to retail consumers.
Coinbase said the push fits its "Everything Exchange" strategy after bringing 24/5 trading in nearly 4,000 U.S. stocks to UK users five days earlier and opening perpetuals to Australian wholesale clients.
The expansion comes before the FCA's full crypto regime becomes mandatory in October 2027, as UK lawmakers also probe banking access problems for crypto firms.
Will the UK's strict professional-only limit on Coinbase's new derivatives strangle its volume, or spark a new era of regulated institutional dominance?
With FCA applications opening next month, can Coinbase's new 50x leverage derivatives truly lure professional traders away from unregulated offshore giants?