I'm curious, is it possible for individuals in the United States to engage in trading perpetual futures within the
cryptocurrency market? I've heard conflicting information and I'm seeking clarification on the legality and accessibility of such transactions. Are there any specific regulations or restrictions that investors in the US should be aware of before venturing into perpetual futures trading?
7 answers
Lorenzo
Thu Aug 01 2024
Coinbase, a prominent cryptocurrency exchange, prioritizes compliance with local regulations pertaining to crypto derivatives. This commitment ensures that its services align with the legal frameworks of various jurisdictions.
CherryBlossomBloom
Thu Aug 01 2024
As a result, Coinbase's perpetual futures trading feature, available on its advanced trading platform, Coinbase Advanced, is restricted to users residing in specific non-US regions.
ZenHarmonious
Thu Aug 01 2024
This eligibility criterion underscores Coinbase's dedication to offering secure and legally compliant trading opportunities to its international clientele.
Sara
Wed Jul 31 2024
By focusing on regions where perpetual futures trading is permitted, Coinbase ensures that its users can access advanced trading tools while adhering to local legal requirements.
CryptoQueenBee
Wed Jul 31 2024
The decision to limit perpetual futures trading to non-US regions reflects Coinbase's meticulous approach to regulatory compliance, which is a cornerstone of its operations.