The most trusted name in crypto, now powering global derivatives markets

Our institutional‑grade derivatives trading platform.

Built for institutions

180+ markets

Trade over 180 perpetual futures, stock perpetual futures, pre‑launch, and spot markets in one USDC‑settled venue for versatile strategies.

Capital‑efficient leverage

Unlock up to 50x leverage on crypto perps and 20x on stock perps with customizable margin and cross‑collateral across 40+ assets.

Low fees for High-Volume Traders

Tap into VIP tiers, liquidity programs, and quoting incentives that offer industry leading fee structures for top participants.

USDC rewards

Use USDC as your primary trading, settlement, and collateral asset—and earn rewards on eligible USDC balances, including funds committed in open orders.

Low‑latency APIs

Connect via high‑throughput, low‑latency FIX, REST, and WebSocket APIs or trade through integrated partners like Talos for institutional‑grade UI access.

Institutional‑grade risk & security

Trade on a platform built with robust margin, liquidation, and risk controls, an insurance fund, and liquidity support programs—all designed for institutional scale.

NEW: Stock Perpetual Futures

Trade leading stocks 24/7 with up to 20x leverage

Product Types

Perpetual futures

Perpetual futures contracts for cryptocurrencies with no expiry and continuous trading.

Stock perpetual futures

Perpetual futures contracts for major equities and indices with no expiry and continuous trading.

Pre‑launch markets

Perpetual futures trading on select tokens before the token generation event and full listing.

Spot markets

Trading of cryptocurrencies for immediate delivery at the current market price.

Unlock new strategies with access to options

Eligible clients can access crypto options on Deribit, a leading derivatives exchange.

What International Exchange unlocks for your trading

Trade with more flexibility

Express your market view by going long or short across perpetual futures on crypto and stocks, with leverage and minimal friction from a single venue.

Capital‑efficient exposure

Use lower initial margins and cross‑collateral to put more of your balance sheet to work across correlated derivatives strategies.

Move in step with spot markets

Funding mechanics are designed to help perpetual futures prices track underlying spot markets, supporting price convergence and market balance.

NOTICE TO ALL VISITORS

Coinbase International Exchange is only available to non-US institutions in select jurisdictions. US institutions are strictly prohibited from access. Derivatives are not available to retail clients based in the United Kingdom

FAQs

Who is eligible to trade on Coinbase International Exchange?

Only non-US based institutions located in permissible jurisdictions are eligible to onboard on Coinbase International Exchange. Retail traders can visit coinbase.com/perpetuals to learn more about trading perpetual futures on Coinbase Advanced.

How do I get started?

Non-US based institutions in eligible regions/countries can submit an application and a member of our team will be in contact to determine eligibility and complete the onboarding process. If you want to learn more but are not ready to submit an application, please complete the interest form below and a member of our team will contact you.

How do I connect to the exchange?

Once onboarding is complete, institutional clients can connect directly to the International Exchange via API or via the user interface. For institutions looking to connect via UI, we have integrated with Talos. Learn more >

What digital assets are available for trading?

We offer crypto perpetual futures for BTC, ETH, LTC, XRP, stock perpetual futures including Mag 7, and many others all settled in USDC. In addition, we offer trading for spot and pre-launch markets. For the most up-to-date listings and trading volume, visit international.coinbase.com.

Is Coinbase International Exchange available to retail traders?

Coinbase International Exchange powers perpetual futures trading on Coinbase Advanced for non-US professional investors and advanced retail users in eligible countries. Visit coinbase.com/perpetuals to learn more.

Need more help?

For full FAQs and detailed how‑to guides, go to the Coinbase International Exchange Help Center.