ChainThink News, March 9: Coinbase has officially launched its futures trading services in Europe, enabling European traders to access regulated crypto derivatives products for the first time on the platform. The service is now being progressively rolled out through its MiFID entity to users in 26 European countries, including Germany, France, and the Netherlands, and is available on the Coinbase Advanced platform.

According to official documentation, the newly launched products include crypto asset futures, stock index futures, and "perpetual-style" futures. The perpetual-style futures are long-term contracts with a five-year term, maintaining price alignment with the underlying asset via an hourly funding rate mechanism and daily settlement; in contrast, fixed-term contracts have monthly or quarterly expiration dates and are marked-to-market daily based on the official settlement price.

Regarding trading conditions, certain contracts (such as Bitcoin, Ethereum, and select index products) support up to 10x leverage, while other products offer leverage of approximately 4 to 5x, with minimum trading fees per contract starting at 0.02%. Users must pass eligibility verification and complete KYC procedures, and can fund their accounts using EUR or USD Coin to begin trading.