Coinbase Opens UK Derivatives Trading With Up to 50x Leverage
Coinbase is expanding derivatives trading in the UK for eligible professional investors, offering more than 170 contracts across crypto, commodities, equities and FX with leverage up to 50x. The rollout includes three products: perpetuals, dated futures and crypto options. Perpetuals cover the full range of assets, have no expiry and trade continuously; dated futures settle on fixed dates and top out at 20x leverage; options are limited to crypto underlyings and support multi-leg strategies. Access is limited to professional clients and will be phased in over the coming months. The launch relies on Coinbase’s FCA investment services authorization, which also enabled it to expand beyond crypto in Europe. It follows recent UK product launches and fits Coinbase’s “Everything Exchange” plan to combine crypto, stocks and derivatives in one app. The move comes while UK retail crypto derivatives remain banned and before the FCA’s full crypto regime becomes mandatory in 2027.
