Coinbase launches 24/7 Bitcoin and Ethereum futures trading service

ChainCatcher news, according to the official blog, the cryptocurrency exchange Coinbase has announced that it is the first compliant platform to receive CFTC approval to offer 24/7 Bitcoin and Ethereum futures trading, with the service officially launched on May 9. This innovation breaks the traditional trading hour restrictions of the derivatives market, allowing investors to trade contracts at any time (including weekends). The announcement revealed that perpetual contract products are also in preparation, which will provide regulated perpetual contract services for U.S. retail investors for the first time.

The service is supported by clearing from Nodal Clear, with liquidity ensured by market makers such as Virtu Financial, and distributed through brokerage channels like ABN AMRO and Wedbush Securities. Coinbase Financial Markets CEO Andy Sears stated that this transformation enables investors to manage risk at any time through the Coinbase Advanced platform.