Coinbase, the largest regulated exchange in the United States, has finally launched perpetual futures in the country following the passing of the Clarity and Genius Acts by Congress.
On Monday, the crypto trading platform inaugurated a new era that will allow U.S.-based traders to step out of the shadows.
These new perps will be available for BTC and ETH only for now with up to 10x leverage ratios. Trading fees will start at 0.02% while all USDC collateral used for futures trading will earn a 12% annual percentage yield (APY).
Contract sizes vary per asset and the same goes for trading hours. For example, BTC and ETH perps can be traded 24/7 while traditional futures covering the top crypto and most altcoins will continue to trade from Sunday to Friday.
The wait is over – Perpetual futures have arrived in the U.S.
→ No monthly expirations
→ Trade with up to 10x leverage
→ Fees as low as 0.02%Now you can trade perpetual-style futures on Coinbase Financial Markets, a secure and CFTC-regulated platform. pic.twitter.com/627ZOPTTzG
— Coinbase Futures (@cbFutures) July 21, 2025
Coinbase will now compete directly with top exchanges like Binance, Hyperliquid, and Kraken in the perps market. This will likely result in lower fees for users down the road and benefit the market’s depth and liquidity levels.
This is also an important step for the crypto industry in America and the necessary fuel for what could be the next leg up for the market. Analysts believe that more of these products will likely be launched over the next few weeks by other U.S.-based crypto exchanges.
This means higher liquidity, increased adoption, a spike in institutional interest, and possibly the expedited approval of pending exchange-traded funds (ETFs) linked to top altcoins.
Bitcoin (BTC) Needs to Break Past the $120K Resistance to Keep Moving Higher
Market sentiment has improved significantly in the past few days. The Fear and Greed Index currently sits at 67, meaning that investors have an optimistic attitude about the future of crypto prices.
Bitcoin still dominates the crypto market with a 60% dominance rate, but altcoin season could be about to start as tokens like Ethereum (ETH) and Solana (SOL) are nearing key levels at $4,000 and $200, respectively.
Looking at BTC’s 4-hour chart, we can see that the top crypto has been making a series of lower highs since it hit its latest all-time high at around $123,000.
The $115,000 level is the key support to watch at this point while a break above $120,000 would send a strong buy signal as it would mean that the downtrend has been reversed.
In this lower time frame, the Relative Strength Index (RSI) has been steadily dropping while the 9-day and 21-day exponential moving average (EMA) exhibit clear signs of an ongoing consolidation.
As long as the $115,000 level holds, the baseline Bitcoin price prediction will continue to be bullish, especially in these positive market conditions.
To profit from this cycle, a new futures trading platform called CoinFutures has been launched to make it easier for traders to place either long or short positions on their favorite tokens.
CoinFutures Offers 1000X Leverage and Automated Trading Tools
Trading through traditional platforms and centralized exchanges (CEXs) can sometimes be complex if you are getting started in the crypto market.
CoinFutures lets you open both long and short positions on your favorite cryptocurrencies with just a few clicks.
You can multiply the amount of your investment by up to 1000x to increase your profits and the platform supports a growing list of tokens already including Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and Tron (TRX), with more to come over the next few days.
It is possible to set auto trading and cash out features for your positions as well. This will help you limit your losses and lock in profits if the market moves in your favor.
Trading fees are quite competitive and you can choose between a flat fee or a percentage-based fee applicable to each of your positions’ final P&L.
To sign up, simply head to the CoinFutures website and make a deposit. You can choose between various payment methods, including crypto transfers (USDT, ETH, and more tokens are supported) or by using a bank card.