Coinbase Launches Crypto, Stocks, Commodities and FX Derivatives Trading in UK

Coinbase on Tuesday said it is expanding derivatives access to professional investors in the UK. This represents another milestone for the crypto exchange amid its Everything Exchange strategy, following the rollout of 24/5 US stock trading to all users in the UK. COIN stock rebounds in premarket hours in Tuesday.

Coinbase Rolls Out Crypto Derivatives Trading in the UK

Crypto exchange Coinbase is launching futures, perpetuals and options in the UK, rolling out access to professional investors over the coming months.

Eligible investors can trade over 170 contracts across crypto, stocks, commodities and forex. Among these, perpetual contracts support 24/7 trading with up to 50x leverage, while dated futures offer up to 20x leverage.

Also, crypto options support calls, puts, and multi-leg strategies. These services are exclusively available to qualified investors classified as professional clients.

The derivatives launch in the UK comes after Coinbase secured MiFID license from the Financial Conduct Authority (FCA) last month. The license enabled the crypto exchange to offer derivative contract trading to UK investors.

“This launch is part of our global commitment to build a unified, borderless, and fully transparent derivatives ecosystem. It gives professional traders the tools to navigate any market,” said Coinbase UK arm CEO Keith Grose.

As CoinGape reported recently, Coinbase launched 24/5 stock trading to all users in the UK. It enabled eligible UK investors to buy, sell, and hold US stocks alongside crypto and fiat in the same app.

COIN Stock Price Sees Slight Rebound

Coinbase stock (COIN) is up 0.40% during the premarket trading hours on Tuesday. COIN stock closed 3.20% lower at $148.68 on Monday, as the broader US stock market fell on Iran’s refusal to reopen the Strait of Hormuz.

Coinbase stock outlook revealed the price remains below the 20-day EMA and the 50-day EMA at $162. Also, the short-term momentum is favoring bears, with potential drop continuing unless buying pressure rises.

The derivatives trading expansion in the UK continues Coinbase’s push to diversify beyond pure crypto trading volume into a multi-asset platform.

Meanwhile, Bitcoin has also recorded a slight rebound after dropping more than 2% over the past 24 hours. The price is currently trading at $64,134, with a massive 45% bounce in trading volume.

Prediction markets show 26% odds for Bitcoin to dip below $60,000 in August, with Wednesday’s CPI inflation data as the major event to watch this week.