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Coinbase launches regulated crypto futures in Canada with up to 10x leverage

The launch provides access to 23 crypto perpetual and dated futures, plus commodity futures and a Coinbase 50 Index for eligible Canadian customers.

Reported · Written up by our desk · Regulation

Coinbase has launched regulated crypto derivatives trading in Canada, offering eligible customers perpetual and dated futures tied to assets including Bitcoin, Ether, and Solana, according to Cointelegraph. The products are delivered through Coinbase Financial Markets, a futures commission merchant registered with the US Commodity Futures Trading Commission, operating in Canada under foreign dealer and futures commission merchant exemptions.

Coinbase said the offering includes 23 crypto perpetual and dated futures, five commodity futures, and the Coinbase 50 Index. Access is limited to eligible Canadian clients, including those with at least $5 million in net financial assets or registered investment advisers and dealers, and the contracts use nano-sized positions with leverage of up to 10x.

The expansion comes as other US trading platforms broaden their crypto presence in Canada. Cointelegraph notes that Webull expanded crypto trading to Canadian customers using Coinbase infrastructure, and that Robinhood entered Canada after its acquisition of WonderFi, which included control of Canadian exchanges Bitbuy and Coinsquare.

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