Coinbase Expands Crypto Derivatives with 24/7 Trading for Altcoins
Key Takeaways
- Expansion of Trading Hours: Starting December 5, Coinbase will offer 24/7 futures trading for major altcoins, including Shiba Inu, Bitcoin Cash, and Dogecoin, among others.
- Introduction of U.S. Perpetual-Style Futures: New perpetual-style futures contracts will launch on December 12, mimicking offshore perpetual swaps but with a five-year expiry.
- Regulated Environment: Coinbase positions itself as a U.S.-based alternative to offshore exchanges, providing a compliant framework for trading with deeper institutional access.
- Market Implications: This expansion could potentially redirect order flows from offshore platforms, especially in volatile markets with fluctuating funding rates.
Introduction
Coinbase, a prominent exchange in the crypto landscape, is set to extend its reach in the derivatives market by offering 24/7 trading for several major altcoins. As the demand for continuous access to crypto markets increases, Coinbase aims to cater to this need by rolling out futures trading for a variety of cryptocurrencies starting December 5. This move is part of their strategy to lead in a regulated environment while providing diverse trading options for both institutional and retail investors.
Continuous Access to Altcoin Futures
Come December 5, traders will be able to access round-the-clock futures trading for an array of altcoins, such as AVAX, BCH, ADA, Chainlink LINK, DOGE, Hedera (HBAR), LTC, DOT, SHIB, Stellar (XLM), and SUI. This development marks an extension of Coinbase Derivatives’ ongoing efforts to offer more flexibility and availability in crypto trading. The exchange already supports always-on markets for Bitcoin, Ethereum, Solana, and XRP, and this new addition broadens the scope for altcoin enthusiasts.
In doing so, Coinbase acknowledges the growing appetite for continuous trading opportunities in the crypto space and positions itself to better serve its user base by expanding tradable assets.
The Advent of U.S. Perpetual-Style Futures
In alignment with its expanded trading hours, Coinbase is set to launch U.S. perpetual-style futures for the aforementioned basket of altcoins on December 12. These contracts resemble the perpetual swaps favored offshore by maintaining prices close to spot via funding rates; however, unlike the indefinite terms seen elsewhere, they will settle on a fixed five-year expiry. This structured approach could reduce volatility and bring a more stable trading environment for U.S. investors.
Since launching 24/7 BTC and ETH futures earlier this year, Coinbase has steadily enhanced its derivatives offerings, becoming the first major U.S. exchange to provide long-dated futures under a compliant, secure framework. This initiative is a significant step towards providing traders with more nuanced and strategic tools to navigate the ever-evolving crypto market.
Implications for the Crypto Market
The introduction of these advanced trading options by Coinbase could result in notable shifts within the crypto market landscape. Currently, a significant portion of liquidity for non-BTC/ETH futures resides offshore, particularly on exchanges like Binance and Bybit. With Coinbase’s latest offerings providing a U.S.-based alternative, the market might witness a gradual reallocation of trading activity towards environments with better-regulated options and clearer rulebooks.
Furthermore, in times of volatile funding markets and ongoing regulatory developments affecting offshore activities, Coinbase’s compliant platform could become increasingly attractive to both institutional players and retail participants looking for stability and transparency.
What Lies Ahead for Traders?
Looking ahead, traders can anticipate a more inclusive and structured trading experience with Coinbase. This includes broadened access to diverse altcoin futures under a regulated U.S. framework which might appeal to a wider audience, especially those previously deterred by the complexities and risks associated with offshore trading.
As these changes take root, it will be interesting to observe how trader behavior evolves with the availability of perpetual-style futures and the impact it has on the usage patterns of altcoin derivatives.
Conclusion
In summary, Coinbase’s strategic enhancement of its trading services stands to redefine the landscape of altcoin futures in the United States. By spearheading the 24/7 trading of these assets and introducing U.S.-style perpetual contracts with defined expiries, Coinbase is not only expanding its derivatives market but also setting a precedence for regulatory-compliant trading platforms.
As both the demand for seamless trading and the scrutiny over crypto derivatives increase, Coinbase’s innovative approach to altcoin futures could offer traders the best of both worlds: accessibility and peace of mind.
FAQ
What is the key feature of Coinbase’s new trading offerings?
The core feature is the introduction of 24/7 trading for altcoin futures along with U.S.-exclusive perpetual-style futures, providing a competitive edge against offshore exchanges.
When will the new futures trading start on Coinbase?
The 24/7 trading for altcoin futures will start on December 5, while U.S. perpetual-style futures will launch on December 12.
Why are these changes significant for crypto traders in the U.S.?
These changes provide a regulated and secure environment for altcoin trading, which can be preferable to offshore platforms prone to inconsistent regulatory practices.
How might this affect other exchanges?
With Coinbase offering these advanced derivatives, there could be a shift in trading volumes from offshore exchanges to Coinbase, especially among U.S. traders seeking compliance and stability.
What issues might traders face with the new perpetual-style futures?
Though designed for stability, traders must be aware that these futures carry specific risks tied to market volatility and the structure of the contracts, which have a five-year expiration.
You may also like

Russia’s Largest Bitcoin Miner BitRiver Faces Bankruptcy Crisis – What Went Wrong?
Key Takeaways BitRiver, the largest Bitcoin mining operator in Russia, faces a bankruptcy crisis due to unresolved debts…

Polymarket Predicts Over 70% Chance Bitcoin Will Drop Below $65K
Key Takeaways Polymarket bettors forecast a 71% chance for Bitcoin to fall below $65,000 by 2026. Strong bearish…

BitMine Reports 4.285M ETH Holdings, Expands Staked Position With Massive Reward Outlook
Key Takeaways BitMine Immersion Technologies holds 4,285,125 ETH, which is approximately 3.55% of Ethereum’s total supply. The company…

US Liquidity Crisis Sparked $250B Crash, Not a ‘Broken’ Crypto Market: Analyst
Key Takeaways: A massive $250 billion crash shook the cryptocurrency markets, attributed largely to liquidity issues in the…

Vitalik Advocates for Anonymous Voting in Ethereum’s Governance — A Solution to Attacks?
Key Takeaways Vitalik Buterin proposes a two-layer governance framework utilizing anonymous voting to address collusion and capture attacks,…

South Korea Utilizes AI to Pursue Unfair Crypto Trading: Offenders Face Severe Penalties
Key Takeaways South Korea is intensifying its use of AI to crack down on unfair cryptocurrency trading practices.…

Average Bitcoin ETF Investor Turns Underwater After Major Outflows
Key Takeaways: U.S. spot Bitcoin ETFs hold approximately $113 billion in assets, equivalent to around 1.28 million BTC.…

Japan’s Biggest Wealth Manager Adjusts Crypto Strategy After Q3 Setbacks
Key Takeaways Nomura Holdings, Japan’s leading wealth management firm, scales back its crypto involvement following significant third-quarter losses.…

CFTC Regulatory Shift Could Unlock New Opportunities for Coinbase Prediction Markets
Key Takeaways: The U.S. Commodity Futures Trading Commission (CFTC) is focusing on clearer regulations for crypto-linked prediction markets,…

Hong Kong Set to Approve First Stablecoin Licenses in March — Who’s In?
Key Takeaways Hong Kong’s financial regulator, the Hong Kong Monetary Authority (HKMA), is on the verge of approving…

BitRiver Founder and CEO Igor Runets Detained Over Tax Evasion Charges
Key Takeaways: Russian authorities have detained Igor Runets, CEO of BitRiver, on allegations of tax evasion. Runets is…

Crypto Investment Products Struggle with $1.7B Outflows Amid Market Turmoil
Key Takeaways: The recent $1.7 billion outflow in the crypto investment sector represents a second consecutive week of…

Why Is Crypto Down Today? – February 2, 2026
Key Takeaways: The crypto market has seen a downturn today, with a significant decrease of 2.9% in the…

Nevada Court Temporarily Bars Polymarket From Offering Contracts in the State
Key Takeaways A Nevada state court has temporarily restrained Polymarket from offering event contracts in the state, citing…

Bitcoin Falls Below $80K As Warsh Named Fed Chair, Triggers $2.5B Liquidation
Key Takeaways Bitcoin’s price tumbled below the crucial $80,000 mark following the announcement of Kevin Warsh as the…

Strategy’s Bitcoin Holdings Face $900M in Losses as BTC Slips Below $76K
Key Takeaways Strategy Inc., led by Michael Saylor, faces over $900 million in unrealized losses as Bitcoin price…

Trump-Linked Crypto Company Secures $500M UAE Investment, Sparking Conflict Concerns
Key Takeaways A Trump-affiliated crypto company, World Liberty Financial, has garnered $500 million from UAE investors, igniting conflict…

Billionaire Michael Saylor’s Strategy Buys $75M of More Bitcoin – Bullish Signal?
Key Takeaways Michael Saylor’s firm, Strategy, has significantly increased its Bitcoin holdings by acquiring an additional 855 BTC…
Russia’s Largest Bitcoin Miner BitRiver Faces Bankruptcy Crisis – What Went Wrong?
Key Takeaways BitRiver, the largest Bitcoin mining operator in Russia, faces a bankruptcy crisis due to unresolved debts…
Polymarket Predicts Over 70% Chance Bitcoin Will Drop Below $65K
Key Takeaways Polymarket bettors forecast a 71% chance for Bitcoin to fall below $65,000 by 2026. Strong bearish…
BitMine Reports 4.285M ETH Holdings, Expands Staked Position With Massive Reward Outlook
Key Takeaways BitMine Immersion Technologies holds 4,285,125 ETH, which is approximately 3.55% of Ethereum’s total supply. The company…
US Liquidity Crisis Sparked $250B Crash, Not a ‘Broken’ Crypto Market: Analyst
Key Takeaways: A massive $250 billion crash shook the cryptocurrency markets, attributed largely to liquidity issues in the…
Vitalik Advocates for Anonymous Voting in Ethereum’s Governance — A Solution to Attacks?
Key Takeaways Vitalik Buterin proposes a two-layer governance framework utilizing anonymous voting to address collusion and capture attacks,…
South Korea Utilizes AI to Pursue Unfair Crypto Trading: Offenders Face Severe Penalties
Key Takeaways South Korea is intensifying its use of AI to crack down on unfair cryptocurrency trading practices.…