Coinbase has launched perpetual contracts for U.S. stocks, targeting eligible users outside the United States. This new offering allows 24/7 leveraged trading on major U.S.-listed stocks such as Apple, Microsoft, NVIDIA, and Tesla, as well as ETFs like SPY and QQQ. Users can trade with up to 10x leverage on individual stocks and up to 20x on ETFs, with settlements in USDC.
The initiative aims to cater to the global demand for continuous trading of U.S. stocks. Coinbase plans to expand the product to include additional stocks, indices, and other asset classes in the future, enhancing its appeal to international traders seeking round-the-clock market access.
Coinbase Introduces 24/7 US Stock Perpetual Contracts for Global Users
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