Coinbase starts on July 21st US Perpetual Futures

The leading crypto tours Coinbase (Coin) will introduce permanent editing contracts in the United States from July 21st and thus to one of the first regulated companies that offers a product that is very similar to the globally popular offshore perspective.
The new Offer will initially start with contracts for Bitcoin (BTC) and Ethereum (ETH) and will be available via the coin base derivative Exchange, a trading platform registered with Commodity Futures Trading Commission (CFTC).
US regulation meets global demand
While traditional perpetual swaps for US retailers are still prohibited, Coinbase instruments will reproduce their functionality by combining long-term five-year futures with an integrated financing mechanism. This interest rate is calculated every hour and billed twice a day, which adapted the contract price to the spot market movements-an essential feature of offshore perspective.
The contracts will be tradable around the clock, whereby all bills are handled through a regulated clearing infrastructure to ensure compliance and operational transparency.
With this step, Coinbase enters an area that is largely dominated by offshore platforms and enables US retailers to regulate access to complex derivatives.
A milestone for crypto derivatives in the USA
Perpetual contracts make up most of the world's volume of crypto derivatives, but were not available for a long time due to regulatory restrictions in the United States. The introduction of a compliant version by Coinbase is an important step to close this gap.
The stock exchange has not yet announced margin requirements or supported levers, but is expected to publish the complete contract specifications shortly before the starting day.
Since Coinbase is expanding its presence in the derivation area, this new product could pave the way for a broader participation of institutional and private investors in regulated crypto futures markets in the USA.