Svmuu News: Coinbase has announced the launch of a US stock perpetual contracts product, available to eligible users outside the United States, enabling 24/7 leveraged trading on US-listed stocks.
The product offers contract trading on multiple US stocks such as Apple, Microsoft, Nvidia, and Tesla, as well as ETFs like SPY and QQQ. It supports up to 10x leverage for single stocks and up to 20x leverage for ETFs, with settlements conducted in USDC.
Coinbase stated that the product aims to meet global market demand for round-the-clock US stock trading and plans to subsequently expand to more stocks, indices, and other asset classes.
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Coinbase Launches US Stock Perpetual Contracts, Available to Eligible Users Outside the US
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