Coinbase (NASDAQ:COIN) launched stock perpetual futures for eligible non-U.S. users offering 24/7 leveraged synthetic exposure to Tesla (NASDAQ:TSLA), Apple (NASDAQ:AAPL), Nvidia (NASDAQ:NVDA), and other Magnificent 7 stocks with up to 10x leverage.
The ‘Everything Exchange’ Expansion
Coinbase becomes one of the first major centralized venues to offer stock perpetual futures, a product that has gained traction on decentralized platforms with billions in daily trading volume.
The launch advances the company’s strategy of building an “Everything Exchange” where users can access crypto, traditional assets, and emerging markets in a single venue.
At launch, eligible customers can trade perpetual futures on Apple, Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), Amazon (NASDAQ:AMZN), Nvidia, Meta