Coinbase is rolling out perpetual futures (perps) to Coinbase Advance clients in non-US jurisdictions. The company will settle Bitcoin (BTC), Ethereum (ETH), Litcoin (LTC), and XRP contracts in USDC and offer 5x leverage (3x for XRP).
Traders can trade derivatives and crypto from one web interface and use application programming interfaces (APIs) to automate trades. Initially, Coinbase will charge a 0% maker and a 0.03% taker fee.
Coinbase Expands as US Struggles Continue