Eligible Coinbase retail customers outside the US can now trade perpetuals

Coinbase has launched perpetuals trading for its non-U.S. retail customers via the Advanced platform.

Crypto exchange Coinbase has rolled out perpetuals trading for eligible non-U.S. retail customers via the Coinbase Advanced platform — aiming to cater to the derivatives market.

The perpetuals trading offered by Coinbase starting today includes four contracts — Bitcoin , Litecoin , Ether , and XRP — all of which are settled in the USDC stablecoin. The Advanced users will be able to trade both spot markets and derivatives in one interface. They will also be able to use advanced order types and APIs for automated trading.The Advanced platform offers a maximum leverage of up to 5x for BTC, ETH, and LTC contracts, while XRP contracts will have a leverage of up to 3x. Coinbase plans to introduce contracts for other cryptocurrencies in the coming months.

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